5 ms·
HN often confuses $300k for low-end-of-normal for early-career US software devs in general, when it’s above most seniors and leads at most employers. You don’t
by hotnfresh 3y ago
HN often confuses $300k for low-end-of-normal for early-career US software devs in general, when it’s above most seniors and leads at most employers. You don’t hit that territory until you’re a manager-of-tech-managers, outside the smallish third hump of the trimodal dev compensation graph.
My pay’s almost 3x median household income in my medium-sized US city, but is pathetic compared to what I see thrown around regularly as examples of lowish pay on HN.
- laidoffamazon 3y agoYeah, $300k isn't considered great for my level of tenure, but it is less than what Jane Street/Jump/HRT new grads make.
- vgatherps 3y agoThe major hft firms do pay well but new grad pay is often inflated in a few ways - signing bonus is included in “total” as if it’s recurring, first-year guarantees/targets are treated as recurring total, “this pays out over 4 years” is lumped into single-year recurring total, and you only hear about the biggest and best online. 2020-2022 high tech sector pay and huge profitability brought by the return of volatility also saw much higher base/bonus pay across the board, but the market really cooled down towards the end of 2022 longwise all the tech layoffs and HFT firm over hiring. I watched a few eye watering open offers fade away towards year end myself.