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> BigTech salaries had gotten so out of whack They didn't. No one's salary ever has gotten out of whack, ever: It is estimated that those who take the most sh
by unity1001 4y ago
> BigTech salaries had gotten so out of whack
They didn't. No one's salary ever has gotten out of whack, ever:
It is estimated that those who take the most share out of the economic value that they generate are upper-level tech employees. And even them take only up to 10% of the actual economic value they generate.
Which means that the rest of the population get much less. The system is atrocious.
So no. Big tech salaries haven't gotten out of whack. No employee was ever able to get a noticeable share of the economic value that they generate, and those who get most get at most 10%.
- scarface74 4y agoBefore 2010, once you take into account cost of living, the compensation difference between moving to the west coast and living in almost any other major city as a software developer, wasn’t worth it. After around 2012 as the economy was coming out of the recession, VC money started flowing and computers (smart phones) got more ubiquitous, BigTech compensation really started diverging from being a regular old enterprise corp dev even after taking cost of living into account. I’m not complaining. I make a comfortable living working for $BigTech doing the same type of enterprise architect work I did three years ago just by knowing “cloud” and having soft skills.