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My point wasn't that only entry-level positions would be affected over time, but rather that the compensation of all roles could be affected simply by starting
by tshaddox 5y ago
My point wasn't that only entry-level positions would be affected over time, but rather that the compensation of all roles could be affected simply by starting new people out with lower compensation and increasing compensation more slowly throughout each worker's career. In other words, the average pay of a senior engineer could be lower in 20 years than it is now without any individual's pay ever decreasing.
- munk-a 5y agoI think that entry-level positions (outside of SF) are usually driven mostly by whatever the local cost of living is plus a bit to keep the positions clearly above what retail positions can offer - CoL would similarly take a while to adjust to the new lower income of folks so I wouldn't expect it to respond particularly quickly. But yea, I agree that that's one way to pull down the wages. I do think they'd end up suffering from the same sort of pressure though - if you pull on an entry level person at a low rate then there will be a lot of tempting competing offers they'll be considering when they've got a year or two under their belt - and then they'll be in the same pool as the other junior devs (or maybe the intermediate ones). I hasn't really thought about the zero experience folk though - thanks for mentioning it!