12 ms·
> These companies are generating massive income. Illustration: http://www.wolframalpha.com/input/?i=profit+per+employee+apple+google+microsoft+facebook http:/
by nerfhammer 13y ago
> These companies are generating massive income.
Illustration:
http://www.wolframalpha.com/input/?i=profit+per+employee+apple+google+microsoft+facebook http://www.wolframalpha.com/input/?i=profit+per+employee+app...
Remember this is net rev, what they take in after paying everyone. Assuming the average employee makes $120K, and given that they can't exist long enough to make $1 without the engineers showing up, these companies should be willing to pay everyone up to 2-3x that
- judk 13y agoWtf, wolfram alpha doesn't know how to display units properly? Anyway, considering that employees also have equity, those numbers aren't obviously damning. Nor are they particularly relevant, as "willing to pay" isn't the same as "market price"
- nerfhammer 13y ago> "willing[ness] to pay" isn't the same as "market price" It should be the same if aggregate engineer negotiation for compensation was efficient either that or there's a glut of engineers on the market, which would seem to be the opposite of what we're always hearing