5 ms·
It looks like this is the cited report: https://hired.com/state-of-salaries-2021 https://hired.com/state-of-salaries-2021 Interestingly, tech workers in cities
by tfehring 5y ago
It looks like this is the cited report: https://hired.com/state-of-salaries-2021 https://hired.com/state-of-salaries-2021
Interestingly, tech workers in cities that Hired designates as "Tier 2" (Boston, LA, Seattle, Toronto) now out-earn workers in "Tier 1" cities (London, NY, SFBA).
I wonder how much of this is distributional in general - i.e., if the driver is that more experienced talent has the leverage to demand remote work (or onsite work in non-HQ cities) and the ones stuck behind in NY/SFBA are increasingly those who aren't good enough and/or senior enough to do so.
I looked up the report because I was wondering if figures were inflation-adjusted, it doesn't say but my guess is that they're not. So real wages probably went down by ~4% in those areas, compared to a pre-COVID trend of, what, +5%/year or something in real terms? That's a pretty big swing - though again, this is all probably distributional and it's unlikely that any particular tech worker (let alone all of them) really took a direct pay cut instead of a pay increase. (Ok, I actually happen to have taken a pay cut recently, but I still don't think that's representative.)
- pedrosorio 5y agoHow is London in the same tier as NY and SFBA when it comes to tech salaries?
- tfehring 5y agoThe charitable answer is that it's positioned similarly to NY/SFBA relative to the rest of their respective countries. The answer I really believe is that Hired is a for-profit company, this report is content marketing, and it would be bad PR with respect to its London clients for it to put London in Tier 4 below the likes of Philly and the Twin Cities.
- dh5 5y agoRight, it seems London at 101 and Toronto at 92 USD pull down the averages of both those groups significantly.
- 908B64B197 5y ago> "Tier 2" (Boston, LA, Seattle, Toronto) > "Tier 1" cities (London, NY, SFBA). This makes absolutely no sense.
- alistairSH 5y agoNope, no sense at all. Similarly, DC is listed as Tier 3 despite higher salaries than Tier 2 Toronto and major investment from Amazon, Google, and other big tech firms.
- daok 5y agoToronto tier 2 ? Haha
- Apocryphon 5y agoSeattle has got to be the #2 tech hub in the country, tied only with NYC because of the latter's sheer population size. The home of Amazon, Microsoft, Tableau, Valve, Redfin, Zulily, Cray, etc. cannot possibly be second tier.