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The fact FAANG jobs pay better means the supply/demand ratio for talent that can do semiconductor jobs is higher than for talent that can do FAANG job. GP is r
by NeverFade 3y ago
The fact FAANG jobs pay better means the supply/demand ratio for talent that can do semiconductor jobs is higher than for talent that can do FAANG job.
GP is right, so rationally everyone who could - would rather live in Mountain View and work a FAANG job than live in some factory town in the Arizona desert.
Apparently there just aren't enough such people, so FAANG will keep paying more and those who can't get these jobs will have to take the worse paying position that requires harder work, more dependency on a single employer, under far worse working and living conditions.
- nsplayer 3y ago[flagged]
- bigbillheck 3y agoWay too many confederate flags in the southwest for my taste.
- nwatson 3y agoTempe, AZ is an awesome place. I wish I lived there again, I'd be biking close-by South Mountain all the time.
- alephnerd 3y ago> some factory town in the Arizona desert Phoenix isn't some "factory town". But your general point is true - wages in the electronics sector are stuck at the same amount that they were in the 2000s. That's why companies like Andruil and Tesla can poach electronics and MechE talent with still low but not as low wages (110-130k with a bunch of stock versus 70-100k with almost no stock).