4 ms·
> The former is suffering from a labor shortage which is why FAANGs and similar companies are willing to pay $300k-600k for engineers with 5-10 years of experie
by mahogany 5y ago
> The former is suffering from a labor shortage which is why FAANGs and similar companies are willing to pay $300k-600k for engineers with 5-10 years of experience.
I thought it was because they generate >$1 million per employee.
- mrtranscendence 5y agoIt only matters how much revenue they generate per employee when that revenue dips below salary. If the supply for epic superstar 10x devs greatly exceeded demand, they could make $100M per employee and they still wouldn't pay as much as $300-600k. (Unless they were forced to by, say, unionization.)