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This seems more like a social commentary about job satisfaction for the career at almost 80%, but I suspect the pattern of movement that the “only way to get a

This seems more like a social commentary about job satisfaction for the career at almost 80%, but I suspect the pattern of movement that the “only way to get a significant salary upgrade is to switch jobs” is the secret pressure. There are a LOT of disincentives to moving right now, especially with coast housing stock being at record cost and such low levels. Add to the fact that employers seem to be having a great time laying everyone off, and you have a powder keg for dissatisfaction.

twojobsoneboss 3y ago
Even if you can find a sw Eng job, salaries have dropped to ~2019-2020 levels Factor in inflation since then and it’s a huge effective pay drop
- happytiger 3y ago
  Absolutely, my best reading is 9 percent anfter factoring the official inflation numbers and it’s really affecting the greener staff. But it’s still double the average US knowledge worker. https://www.zdnet.com/article/tech-salaries-are-dropping-heres-whos-getting-hit-the-hardest/ https://www.zdnet.com/article/tech-salaries-are-dropping-her... I think it’s pretty unevenly distributed. Definitely affecting some segments more than others. Everyone I know who’s a general purpose software engineer is worried (almost), but everyone I know working in AI really is not. I’ve seen this show before though. This happened in 2001 and 2009 as well…
- lazyasciiart 3y ago
  My signing RSUs have all vested and were not renewed, and my salary increase hasn’t matched inflation. I’m pretty sure I can end up effectively better paid by moving this year.
  - Accujack 3y ago
    Best of luck. My pay peaked in 2001. If subsequent job moves and raises had kept up with inflation, I'd be making just under $150,000 a year today. As it stands, the job market is so poor (and my skills need updating, to be honest) I'm having trouble getting a job that pays even $80k.
    - killingtime74 3y ago
      Are you in tech?

twojobsoneboss 3y ago

Even if you can find a sw Eng job, salaries have dropped to ~2019-2020 levels Factor in inflation since then and it’s a huge effective pay drop

happytiger 3y ago
Absolutely, my best reading is 9 percent anfter factoring the official inflation numbers and it’s really affecting the greener staff. But it’s still double the average US knowledge worker. https://www.zdnet.com/article/tech-salaries-are-dropping-heres-whos-getting-hit-the-hardest/ https://www.zdnet.com/article/tech-salaries-are-dropping-her... I think it’s pretty unevenly distributed. Definitely affecting some segments more than others. Everyone I know who’s a general purpose software engineer is worried (almost), but everyone I know working in AI really is not. I’ve seen this show before though. This happened in 2001 and 2009 as well…
lazyasciiart 3y ago
My signing RSUs have all vested and were not renewed, and my salary increase hasn’t matched inflation. I’m pretty sure I can end up effectively better paid by moving this year.
- Accujack 3y ago
  Best of luck. My pay peaked in 2001. If subsequent job moves and raises had kept up with inflation, I'd be making just under $150,000 a year today. As it stands, the job market is so poor (and my skills need updating, to be honest) I'm having trouble getting a job that pays even $80k.
  - killingtime74 3y ago
    Are you in tech?