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I mostly agree, but for sake of honest discussion... Why are the mechanical/electrical engineers also not paid well at these companies? Even at these companies
by throw4950sh06 2y ago
I mostly agree, but for sake of honest discussion... Why are the mechanical/electrical engineers also not paid well at these companies? Even at these companies capable of achieving massive scale with new products they design. Think something like 3M, making billions of units of widgets and commodities.
- whatever1 2y agoDepending on their profit margins and the talent scarcity they do pay. A seasoned cheme at oil and gas was easily pulling 300k + 2M pension + 10% 401k match
- nothercastle 2y agoLives on an oil rig doing to get that
- nothercastle 2y agoIt’s not marginal utility it’s supply vs demand. The reason SWEs can demand so much is because there are a lot of options to branch out solo or small company so companies need to pay competitive wages. The employees are therefore able to capture more of their value. For chemical or mechanical engineers they need a lot of infrastructure to do work so employees are more locked to employers and wages are not as competitive. Employees are unable to capture their value without the employer therefore they get a smaller piece. Also SV has an obsession with hiring the best while most large manufacturers consider heads interchangeable with only a few spots reserved for top talent.