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Seems pretty simple solution, just pay more. You have a 9 Billion dollar Technology budget just pay 225k and I'm sure good devs will sign right up. Coolness be
by xfour 13y ago
Seems pretty simple solution, just pay more.
You have a 9 Billion dollar Technology budget just pay 225k and I'm sure good devs will sign right up. Coolness be damned.
- stcredzero 13y agoHeh. I was working for a multinational petroleum company on software that literally had multi-millions of dollars in repercussions every 15 minutes if it didn't work right, and people in the company balked at paying $100k for a programmer. The company had an incredibly regressive attitude towards software and was continually paying the price for it. (But they made so much money, they failed to notice. Petroleum products traders also used to joke that if you didn't have enough profits, just send this company an invoice, and they'd pay it. Except, it wasn't exactly a joke.)
- waterlesscloud 13y agoProgrammers work in little cubes with the other peons. Why should they be paid so much?
- chris_mahan 13y agoCubes? I wish I had a cube. (Yes, I work at BAC)
- avenger123 13y agoMost oil companies see their employees that are not actual engineers (mechanical, chemical, petroleum, etc.) as the helpers, not much better than hiring a welder on contract for a job. The best way to make money with oil companies with tech is to get hired as an independent contractor. With the big firms there is usually always more work and so you could park your bum there for a long time (possibly years) and get paid equivalent or more than their engineering staff but without the other perks.
- stcredzero 13y agoThe best way to make money with oil companies with tech is to get hired as an independent contractor. I was an independent contractor! They still balked at paying a programmer more than $100k a year!
- ntaylor 13y agoWhat is the industry norm for financial tech salary? Low?
- Mikeb85 13y ago100,000 and up. You can find jobs advertising 500,000 for programmers in NY with a simple search (I just saw a few), and there are stories of top programmers making millions (one which made it to HN some months ago).
- jrockway 13y agoDon't expect to make a million dollars a year at Bank of America.
- w1ntermute 13y agoMillion dollars a year or not, no programmer with a conscience should work for Bank of America. They are a fundamentally amoral institution.
- aantix 13y agoCan you point me to a specific job posting for 500K?
- stcredzero 13y agoYou can find jobs advertising 500,000 for programmers in NY with a simple search You have to have some specialized knowledge for those.
- morgante 13y agoNot necessarily low, but not enough to compensate for being disrespected within company culture.
- humanrebar 13y agoAnd salary is not as high as it sounds if you work in Manhattan.
- fennecfoxen 13y agoAlternatively / complimentarily, deliver nicer working conditions. Programming jobs attached to banks are reputed to comprise some combination of attributes like: stodgy, boring, formal, high stress, long hours, not respected, and having projects/job advancement driven by backstabbing-politics and seniority instead of technical merit... Give people saner work-weeks and adequate vacation, though, and you might be able to get more of them and at better prices.