5 ms·

> nice job, if you can get it TSMC is paying around $23/hour to manufacturing technicians in Arizona. They’re also sending people to Taiwan to get trained and

> nice job, if you can get it TSMC is paying around $23/hour to manufacturing technicians in Arizona. They’re also sending people to Taiwan to get trained and apparently it’s brutal enough that most people drop out of the program. Asianometry did a video on this recently: https://youtu.be/Nk-lBok9_TU https://youtu.be/Nk-lBok9_TU

rayiner 3y ago
Yikes. I think my local Dunkin’ Donuts is paying $16+.
ruined 3y ago
i've done better than $23/h making pizza
- TomK32 3y ago
  I just hope you don't loose your love for pizza.
  - ufocia 3y ago
    Or lose your pizza making wages to wafer makers applying their wafer making skills to pizza making.
    - ruined 3y ago
      they already have that, it's called dominoes. there's still a market for tattooed freaks with culinary opinions throwing dough and poking a fire with a stick
  - ruined 3y ago
    my love for pizza is surprisingly resilient, and the job was athletic enough to generate a healthy appetite. but yeah, most of my coworkers had a hard time doing it sober
- ufocia 3y ago
  You may not have been making pizza where the $23/hr employees were spending their money. Plus, they can only eat so much pizza. Having more of them switching to pizza making would not necessarily raise their wages, i.e. a glut of pizza makers should depress pizza making wages.
JellyBeanThief 3y ago
I wonder how the much the pass rate might improve if pay were higher.
SmellTheGlove 3y ago
You can do better than that flinging burgers at Dicks here in Seattle. That’s wild. For something that requires a trip to Taiwan for training, which I imagine makes it not an easy job, why does it pay so little? I’d think retention would be important if the training is that intensive.
- lucubratory 3y ago
  It's because in Taiwan that's standard compensation for this field, and for that specific project it's TSMC. They don't want to pay US rates if they can avoid it, and it's possible that their company would be unprofitable if they had to.
  - fransje26 3y ago
    > They don't want to pay US rates if they can avoid it, and it's possible that their company would be unprofitable if they had to. Ha, ha, ha. No. Let's see, from Wikipedia. 2022 data: - Number of employees: 73,090 - Net income: US$27.67 billion Which gives us: 27.67e9/73090 = 369,407.57 So, just looking at their net income (which already takes into account the salary costs of said employees), they could afford to pay every employee US $370,000 a year before being unprofitable. Between US $50,000 and US $370,000 there is quite some margin for improvement. And clearly, the low wages they pay have nothing to do with the risk of being unprofitable.
    - deleted 3y ago
      [deleted]
    - ufocia 3y ago
      Semiconductor manufacturing is very capital intensive so running the company as a nonprofit is a nonstarter. You've presented historical data to counter the of argument that wage/salary growth MAY lead to potential unprofitability solely on the basis of one year's profit numbers. That's literally driving forward looking in the rearview mirror because it says very little about how profitable the company would be if it raised wages/salaries. At best it may be a first order approximation of how profitable the company would have been in 2022, if it paid people more then. However, even for 2022 the calculation isn't as simple as dividing the profit by the number of employees and keeping the company profitable.
Moto7451 3y ago
As a tangential point of comparison $23 per hour is a common rate for nannies/baby sitters in Atlanta Georgia without a degree or development certificate. One we use is a former teacher who disliked the work.

rayiner 3y ago

Yikes. I think my local Dunkin’ Donuts is paying $16+.

ruined 3y ago

i've done better than $23/h making pizza

TomK32 3y ago
I just hope you don't loose your love for pizza.
- ufocia 3y ago
  Or lose your pizza making wages to wafer makers applying their wafer making skills to pizza making.
  - ruined 3y ago
    they already have that, it's called dominoes. there's still a market for tattooed freaks with culinary opinions throwing dough and poking a fire with a stick
- ruined 3y ago
  my love for pizza is surprisingly resilient, and the job was athletic enough to generate a healthy appetite. but yeah, most of my coworkers had a hard time doing it sober
ufocia 3y ago
You may not have been making pizza where the $23/hr employees were spending their money. Plus, they can only eat so much pizza. Having more of them switching to pizza making would not necessarily raise their wages, i.e. a glut of pizza makers should depress pizza making wages.

JellyBeanThief 3y ago

I wonder how the much the pass rate might improve if pay were higher.

SmellTheGlove 3y ago

You can do better than that flinging burgers at Dicks here in Seattle. That’s wild. For something that requires a trip to Taiwan for training, which I imagine makes it not an easy job, why does it pay so little? I’d think retention would be important if the training is that intensive.

lucubratory 3y ago
It's because in Taiwan that's standard compensation for this field, and for that specific project it's TSMC. They don't want to pay US rates if they can avoid it, and it's possible that their company would be unprofitable if they had to.
- fransje26 3y ago
  > They don't want to pay US rates if they can avoid it, and it's possible that their company would be unprofitable if they had to. Ha, ha, ha. No. Let's see, from Wikipedia. 2022 data: - Number of employees: 73,090 - Net income: US$27.67 billion Which gives us: 27.67e9/73090 = 369,407.57 So, just looking at their net income (which already takes into account the salary costs of said employees), they could afford to pay every employee US $370,000 a year before being unprofitable. Between US $50,000 and US $370,000 there is quite some margin for improvement. And clearly, the low wages they pay have nothing to do with the risk of being unprofitable.
  - deleted 3y ago
    [deleted]
  - ufocia 3y ago
    Semiconductor manufacturing is very capital intensive so running the company as a nonprofit is a nonstarter. You've presented historical data to counter the of argument that wage/salary growth MAY lead to potential unprofitability solely on the basis of one year's profit numbers. That's literally driving forward looking in the rearview mirror because it says very little about how profitable the company would be if it raised wages/salaries. At best it may be a first order approximation of how profitable the company would have been in 2022, if it paid people more then. However, even for 2022 the calculation isn't as simple as dividing the profit by the number of employees and keeping the company profitable.

Moto7451 3y ago

As a tangential point of comparison $23 per hour is a common rate for nannies/baby sitters in Atlanta Georgia without a degree or development certificate. One we use is a former teacher who disliked the work.