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American eng comp is commensurate with the money American tech brings in, you could even argue underpaid
by vanuatu 4mo ago
American eng comp is commensurate with the money American tech brings in, you could even argue underpaid
- stymaar 4mo agoMost of the “money American tech brings in” comes from the magnificent seven. US software engineering salaries are high even outside of those. In fact, it's high even in companies that are merely burning investor's money.
- vanuatu 4mo agothere are plenty of american cos that bring in tons of money that are outside the mag7. vc funded companies pay high so they can grow and eventually bring in lots of money, and america has the deepest vc pockets so it reaps the rewards of the biggest exits
- triceratops 4mo agoHigh pay at Mag7 companies pulls up pay at other American software companies. They have to pay more to compete for talent.