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> I paid them what I thought was fair for a Bay Area coding role The 'fair' pay in the Bay area is sustained/inflated by the vast amounts of VC money with a _h
by DoingIsLearning 4y ago
> I paid them what I thought was fair for a Bay Area coding role
The 'fair' pay in the Bay area is sustained/inflated by the vast amounts of VC money with a _huge_ appetite for risk. I am not saying this is necessarily a bad thing, but it is absolutely unique, you just don't have those finance conditions anywhere else in the world, bar maybe New York.
Also all the quoted companies in your comment will have physical goods with way way smaller profit margins compared to most Bay area products.
My point is that it is not strange at all if you follow the money.
- aerostable_slug 4y agoThose same companies pay much more in the same metro areas for different titles, working on those small profit margin items you speak of, like electric vehicles and satellites. Journeyman software developer plunking along in a middling role gets A; while a mechanical engineer, with graduate degrees and who actually grasps the material, writing well-formed Modelica code, gets B. That made me go "hmm."