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For sure there are tradespeople making those kind of wages but are definitely extreme outliers. Edit: the big difference in software engineering compared to tr
by dieselgate 4y ago
For sure there are tradespeople making those kind of wages but are definitely extreme outliers.
Edit: the big difference in software engineering compared to trades work specifically is liability. I know construction workers who have lost their license, driven a 16D nail through their kneecap, cut off fingers, etc and have no pay or anything to show for it. And can’t work as a result - this is more bodily stuff but they’re also on the hook for damages/accidents caused by subs etc.
Software eng is amazing because there is really no liability compared to construction. My dad is a civil engineer and even though he’s almost a decade retired he still maintains insurance and stuff for past projects because of “statute of limitations” type liability stuff.
There’s a ton of money to be made in trades/construction but the stakes are much higher
- JumpCrisscross 4y ago> dad is a civil engineer and even though he’s almost a decade retired he still maintains insurance and stuff for past projects because of “statute of limitations” type liability stuff Huh. I know a doctor and a civil engineer who both, on retirement, divorced their spouses and basically gifted them everything. Zero clue how this works, legally. For what it's worth, they're both in Florida.
- dieselgate 4y agoIm assuming you’re getting at they’re still together but got rid of their assets to hedge against potential lawsuits? Dang that’s nuts if so. Condos in Florida have been in the news for structural/mechanical issues is my reasoning - not sure about the medical part.
- JumpCrisscross 4y ago> they’re still together but got rid of their assets to hedge against potential lawsuits Yes. If the retired person is sued, the idea is they have no substantive assets.
- jpmoral 4y agoWouldn't courts see right through that and take a dim view of it?
- dmichulke 4y agoRelated: The great (good) judge shortage
- hotpotamus 4y agoSimpsons did it. > Canary M. Burns was the legal owner of Springfield Nuclear Power Plant. > Burns mention that the legal plant owner is Canary M. Burns because this protects Mr. Burns from responsibility for any wrongdoing by the power plant https://simpsons.fandom.com/wiki/Canary_M._Burns https://simpsons.fandom.com/wiki/Canary_M._Burns Of course they were just parodying a century or two of corporate fraud; it's not exactly a recent innovation.
- thedougd 4y agoIt’s called a tail policy. Some insurance companies throw it in for free if you stuck with them X years before retirement.