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By Paul Graham's description in that "Let in the 95%" article, companies are standing around with their dicks in their hands hoping that they find "the best" en
by no_wave 12y ago
By Paul Graham's description in that "Let in the 95%" article, companies are standing around with their dicks in their hands hoping that they find "the best" engineers, but on the cheap. If a company wants to hire 30 more "great" engineers, but isn't bumping up their pay to get at least 15 at a higher rate instead... there's something really off happening.
It's standard economic theory that wages are sticky. I think for a while, at least the past three years, junior developers (especially in web dev) have been overvalued and seniors undervalued. From my recent job search, I think this is starting to change, which is why the whole "not enough engineers" is reaching a fever pitch (ie, we can't find seniors at the traditionally understood market rate, as everyone realizes seniors are a better buy right now).
As it stands, career programmers in the US who are good but not celebrities generally try to move into management/consulting/whatever because their career stalls otherwise. Solve that problem (PAY MORE) and we've got our programmers.
- revelation 12y agoAnd, besides the dick in their hands part, what Graham didn't mention in his warm christmas tale of meritocracy, they also make deals to not competete against others on talent, to fix (i.e. ruin further) what is already an extremely dysfunctional market (when did you last ask your coworker what she made?).
- amerliore 12y agoHow can Paul Graham sit there and not mention the anti-competitive and illegal collusion of the top tech employers while he tells us to vote against our own financial self-interest? He wants us to vote even more money into his pockets, and vote to undermine our wages, and he doesn't even give the smallest mention to the fact that the most respectable and respected tech employers have been fucking us over for years! So disingenuous, so pernicious.
- arunabha 12y agoWhat's even worse is that the whole issue of the wage suppression saga has been conveniently forgotten by the tech elites and media. The case is still ongoing after the judge threw out the settlement Google et all offered, but the last begrudging mention of this in the tech or mainstream media was in Aug. Nothing at all since then.