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I do consulting work for those kinds of clients, and we’re having a hard time hiring engineers with a few years experience below $150k. Previous talent shortage
by wayoutthere 5y ago
I do consulting work for those kinds of clients, and we’re having a hard time hiring engineers with a few years experience below $150k. Previous talent shortages were primarily for that top 10% of developer talent / salary, but this one feels different because grunt-level unsexy corporate IT technologists are also in short supply.
- the_only_law 5y agoIt’s interesting how ever within the US, there seem to be worlds of difference. > grunt-level unsexy corporate IT technologists are also in short supply This describes my work experience, and I don’t think I could even get six figures, or would barely break that.
- wayoutthere 5y agoYeah, the difference is that your average corporation is sitting on a 10% net margin and tech product companies are sitting on a 35% net margin. Product companies are bidding for the best talent among eachother. Corporate IT simply cannot afford to compete with them on salary because their margins don’t support it. I think we’re going to see a real bifurcation of the economy along these margin lines, where the “haves” and “have nots” are determined by the industry and company you work in.
- the_only_law 5y ago> I think we’re going to see a real bifurcation of the economy along these margin lines, where the “haves” and “have nots” are determined by the industry and company you work in. More interesting to me is how difficult it seems to be to move between these, and I imagine it will only et worse.