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So sick of seeing these wildly inflated numbers, they increase after every post I'm sure. Most of us here who are software devs are not earning close to 150k, s
by laputan_machine 5y ago
So sick of seeing these wildly inflated numbers, they increase after every post I'm sure. Most of us here who are software devs are not earning close to 150k, stop using a few SF salaries as the baseline for the rest of us. It is really annoying.
- Ancapistani 5y agoI don’t know the breakdown, but I’m a (remote) dev in Arkansas making right at $150k with ~10 years experience. The numbers aren’t inflated, they’re just not equally distributed.
- raztogt21 5y agoIs easily doable have 2 100k jobs without burnout. Do you really spend 8 hours coding each day?
- dlp211 5y agoOk, so let's not use inflated Numbers for the trades either. According to the BLS, the median Software Developer makes $110k. The median carpenter makes $34k. There are also nearly 5x the number of Developer jobs then carpenters. It's a similar story for other trades, machinist is $47k, welder is $44k, plumber is $56k, HVAC is $50k. Then when we look at other technology jobs, PM, IT, etc, the story is similar to developers, high median salary with a multiple of jobs available over the trades.
- mrweasel 5y agoI know that your talking about the US, but I assure you no Danish carpenters work for $34K, unless they are still in training. You can easily triple that $34K which places you nicely in the same area as a developer with 10 to 15 years of experience. The SF saleries are inflated BS because they are insanely high even compared to one of the most expensive countries in the world.
- dlp211 5y agoSorry, but without some sort of source, I am skeptical, but also acknowledge that different markets and economies will reward labor in different ways. So when it comes to the US this is a common talking point on the English speaking internet, "the trades pay well", "my buddy makes $150k a year as a carpenter, so you should think about becoming a carpenter too", etc. The fundamental problem is that while yes, there are people who make good money in the trades, on average, it simply isn't true, as opposed to being a software engineer, where the average employee is compensated quite well.
- hluska 5y agoMy sister has a trade and has talked about the salary distribution enough that I think it’s going to be very hard for anyone to ever agree on numbers. She describes it as a bimodal distribution. One (smaller) group of people with trades are willing to work anywhere whenever. They work in fly-in camps with limited work seasons and practically unlimited overtime. Since there’s nothing else to do, they log enough hours to get into double and triple time. The other (larger) group goes home after work and their overtime is limited to nonexistent. The pay is so different between the two groups that if they’re analyzed together, the statistically typical tradesperson looks nothing like the typical tradesperson.
- dlp211 5y agoI actually wouldn't be surprised to find that most labor markets are bi-modal (but certainly not all). Which is why I used median wage and not average wage, because the median is very likely to grab the common tradespersons compensation experience whereas the average is likely to be skewed high by the upper distribution group.
- dcolkitt 5y agoMedian Danish carpenter makes $63k/yr. Very few make over $75k https://www.erieri.com/salary/job/carpenter/denmark https://www.erieri.com/salary/job/carpenter/denmark
- User23 5y agoThe big upside of the trades is that after working for journeyman wages for a while, learning the job, and establishing a reputation, it becomes possible to own your own business, either by founding or buying out a retiring boomer, of which there are many. At that point your earning potential skyrockets into the millions.
- dlp211 5y agoThe problem with this is the same as assuming that every developer is earning a GAFAM salary. It just isn't applicable to the average employee in the given profession. I'm also extremely skeptical that yearly profit potential is in the millions for trade businesses except in extremely rare cases.
- User23 5y agoIt’s pretty easy to search business broker websites for $1 million and up EBITDA businesses. I can’t answer your question about prevalence from that since I don’t know on average what percentage are for sale. I do know though that it’s pretty common for the seller to write the note financing the deal, especially when the buyer is a soon to be former employee. So financing is often within reach. Another example is trucking. Plenty of trucking businesses were built by a lone operator rolling profits into more trucks and hiring drivers. Given the intense competition for CDL drivers today though it wouldn’t be my first pick.
- AngryData 5y agoIf you start selling millions in contracts, then are really doing trades any more? You are a business manager and you need business management skills. Many people go into trades specifically to avoid that kind of life, they could have gotten a business degree instead if that is what they wanted.
- com2kid 5y ago> It's a similar story for other trades, machinist is $47k, welder is $44k, plumber is $56k, HVAC is $50k. A good plumber in my area (Seattle) is pulling in $60/hr minimum, and that is after the employers cut. A plumber with some seniority is going to be making over 100/hr. An experienced electrician is also well over 100/hr. Granted if self employed they all have a higher tax burden and pay their healthcare costs, and driving between sites is a pain, but 100/hr makes up for a lot of that. The trades people I know are booked out months. The general handyman I use is only booked out 2-3 weeks, and he comes in at an affordable $60/hr! Next time a plumber stops by to fix your water heater, have a chat with them. Some of the ones I've talked to live in very nice custom built luxury homes that they designed themselves.
- jjav 5y agoIt really puts in context how software development isn't a particularly good career, depressingly. The money may be approximately comparable (outliers in both camps excepted) but all the trade people I know that have established themselves have very flexible work schedule. They have all the demand they can take so when they want to work 60 hours weeks they do. But since work is per job, when they want to work a few hours a week or take time off, that's also possible without repercussions. Meanwhile in software land it's either great pay at 60+ hours a week, or nothing. Oh and "unlimited vacation" (aka don't dare take vacation ever). Tradepeople also don't have standups or agile soulcrushing BS and their experience is respected.
- orangecat 5y agoMeanwhile in software land it's either great pay at 60+ hours a week, or nothing This is just not true. There are loads of FAANG developers making well into 6 figures with 40 hour weeks.
- throwaway287391 5y ago> But since work is per job, when they want to work a few hours a week or take time off, that's also possible without repercussions. I realize it's rather irrational but I personally don't think I could stomach the non-salaried lifestyle. A day of vacation is a day's wages lost. I'm sure it's something you learn to live with but I appreciate that the cost of taking time off is quite abstract for me.
- Game_Ender 5y agoThey are not inflated numbers they are what you can get working for a set of top companies with deep pockets competing over the same talent. It varies but 150k is entry level comp pretty much anywhere they hire in the United States [0]. It’s not “fair” but it’s worth your time to look into getting into the US tech sector. Your skills have the most market value their. 0 - http://levels.fyi http://levels.fyi
- jshen 5y agoNot sure why you’re getting downvoted because this is accurate. If you are a low level dev at a big company in a major city you will get a salary of at least $100k, a bonus, and stock options. They easily combine to get you to $150k, and I’m talking entry level roles, it goes up considerably from there.
- jdsfighter 5y agoWell I'm obviously in the wrong market then! Down here in Oklahoma, I'm a Senior Software Engineer, and I'm only at $110k, plus around $10k in bonuses a year. There's very few opportunities for salary increases unless I start looking for remote work outside of the state or I opt to move into a management role. Most senior salaries around here seem to be in the $95-120k range, so when I see similar numbers for "entry level" roles, it always perks me up a bit.
- jshen 5y agoPeople make more in big cities, it’s actually been studied across the globe and the data is rather compelling.
- cstejerean 5y agoSeriously consider remote then. You could easily pull in double that working remotely for a west coast tech company.
- deleted 5y ago[deleted]
- FooBarBizBazz 5y agoIf you're in the US, don't be annoyed with these numbers; learn from them. If you get on LinkedIn and expect > $200k, you may be surprised by what you can achieve. You should line up several interviews all in the same week and play the offers against one another. At least one should be over $150k, and possibly over $200k. That highest number then sets a floor that everyone else will need to rise to as you negotiate. Politely ignore claims that offers will explode; they won't. Add options/RSUs, and you may be shocked at the amount of compensation you can get. You can actually do it.
- nostrebored 5y agoYeah, honestly if you're in SFBA/Seattle/NYC, this is not an unreasonable salary expectation for someone with a decade of experience. Especially if you're carefully selecting job opportunities that line up well with skill growth.
- rejectedandsad 5y agoI make $200k as a mid-level and that’s considered low. I’m not in NYC. Side note - fan of your username.
- ipaddr 5y agoWhat languages do you use?
- yolovoe 5y agoI only have 1 YOE and I'll say the numbers sound right. A friend with 2 YOE got 2 290K offers. Another friend/former co-worker with 8 YOE got a 400K+ offer. These numbers are all for remote roles for SV-based companies. You can also check salary on levels.fyi. You won't believe it, but 300K+ for new grads (undergrads) isn't even unheard of if you look at places like Citadel & Jane Street, tho of course the hiring bar is very high at these places.
- AngryData 5y agoPeople do that with every job it seems. Always somebody talking about random tradesmen making $100k+ but in the vast majority of cases they make nowhere near that.
- filoleg 5y agoPlease stop implying that $150k+ salaries are reserved for FAANG tier companies and SF only. It might have been true 5-10 years ago (and even then, i am a bit skeptical of that lower boundary of 5 years), but it is far from the truth in 2021. Literally interviewed with a small startup (around 20 people total headcount) less than a week ago. The offer was for a base salary of $180k+grand promises of equity given out that should grow 15x and make one rich, but whatever, because equity at this point is just imaginary monopoly money worth pretty much nothing right now, so lets omit that part completely. But even with that in mind, $180k of pure cash just from base salary is more than doable. And I am not even a senior level or anything like that. Technically the company is in NYC, but the position is fully remote, which makes it even more lucrative for people who want to live in cheap COL states (no salary adjustment, which works out great for this scenario).
- bodge5000 5y agoThis is very true, but you hear the same thing from craftsmen. Another commenter further up said that a HVAC repairmen told him that making $200k/year in that job was pretty average, and a reply to that pointed out the median was $50k/year. Not saying I disagree, but yeh, its not unique to software dev it seems