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Ask HN: Is the Market Recovering?

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Re: Ask HN: Is the Market Recovering?

#91

Post by JamesBarney »

rprospero wrote: post #46
H8crilA wrote: post #20

Earlier quoted context omitted.

> "compensation packages people are talking are still like a quarter of what was typical a year ago if that" You mean much less stock? I can't imagine a senior engineer getting a $50k in annual salary, only in the cash component.

Hi! I’m a senior engineer getting $53k in annual salary. Everyone in my department is making the same, my boss included (government job, so I know the salaries). Also, it’s a government job, so obviously zero stock. Anyway, just letting you know that we’re out here.

Are you in the US?

This seems extremely low for the US. I've had trouble in the past hiring good sr. engineers in the 150-200k range outside of a tech hub.

Are devs staying because they believe in what they do and are willing to take lower compensation?

Re: Ask HN: Is the Market Recovering?

#92

Post by the_only_law »

frfl wrote: post #28
ReDeiPirati wrote: post #19

For job seekers not at all. I just finished my job search after 5 months and 1 week. After 179 applications, 22 interviews, 2 offers later, I'd say that it's one of the toughest and miserable job market someone can find into. I job search-ed even during the pandemic, and although it was difficult, imho this one is order of magnitude worse... The Senior you are the better chance you'll have, but there is no market for…

95% of positions I can find have a Senior title or higher. Position not requiring 5+ years right now is an exception, not the normal in my experience thus far. Applying even with 4 years experience and good skill match has been a 100% rejection/ghosting rate across maybe a dozen+ job applications so far. I agree with the sentiment about junior/entry level...everyone want a senior. Maybe I'm not looking at the insuran…

I’ve noticed a shitton of specialist jobs with less and less generalist ones in the “cost-centerL side of companies. Most of my professional experience is in .NET stuff and I swear everything I go to search for jobs now they wants a senior/principal/whatever developer who’s an expert with whatever weird obscure COTS software the company uses. I’ve also seen a surprising amount of jobs for people with Unity experience, sometimes in some pretty interesting domains.

Re: Ask HN: Is the Market Recovering?

#93

Post by rcarr »

cmrdporcupine wrote: post #80
rcarr wrote: post #53

Earlier quoted context omitted.

I reckon the war will continue, even if it’s massively scaled back, until Putin is either deposed or dies. When that happens, whoever takes over will end it and will lay all the blame on Putin. The Western governments and media will be happy to go along with this because it means Russia as a country is allowed to save face and everyone can scapegoat it on the madness of one tyrant. If that’s the case there’s probably…

If the Russian people have been told constantly (and apparently believe) for the last 10-15 years that Donbas & Crimea is Russian and that Russian speakers are being brutally oppressed and its the Russian Federations "historic mission" to unite all Russians and/or defend them... do you really think that they'll just be like "ok, let's withdraw and go home peace is nice" ? Esp once revenge/reprisal actions against Rus…

> Prigozhin got on the blowhorn and talked about the action in Ukraine in very negative terms, but mainly he seemed to want to execute it more efficiently (and probably brutally), he never truly questioned the underlying rationale of it.

Yes, because Wagner are mercenaries. They don't give a flying fuck about politics, they're there to do a job and get paid.

The actual Russian Army has literally resorted to conscripting randomers and criminals to try and boost troop numbers - I'm not convinced many on the Russian side of the front line are there for ideological reasons. From what I've read, the people who believe in the Kremlin line are basically the Russian boomers and older who are going to die off in substantial numbers over the next decade. And Russia is probably going to get substantially poorer over the next decade as the world accelerates the transition over to green energy and the brain drain continues to neighbouring countries.

Once Putin is dead, the head of the snake is cut off and there'll be a period of chaos where all the potential successors start playing their hands to try and seize power. Once someone seizes the mantle, they'll have a much easier time of things if they're focussed on consolidating power internally rather than trying to do that and simultaneously manage a war, so I reckon it will be called off pretty quickly.

Re: Ask HN: Is the Market Recovering?

#94

Post by obscurette »

badpun wrote: post #90
obscurette wrote: post #77

Earlier quoted context omitted.

Ta all replys above – although economics matter, it doesn't matter too much. It's about people – Russia is already running out of people who are willing to die in Ukraine. I can't see it to last years.

I don't think it matters that much if they're willing. They'll be motivated by NKVD-style second line troops which shoot all deserters.

I don't it's 1942 any more. Or even 1978. While it's possible to attempt it, it's not possible to frighten whole country any more. And even more importantly – it doesn't matter in which line you are in this war.

Re: Ask HN: Is the Market Recovering?

#95

Post by danaris »

JamesBarney wrote: post #91
rprospero wrote: post #46

Earlier quoted context omitted.

Hi! I’m a senior engineer getting $53k in annual salary. Everyone in my department is making the same, my boss included (government job, so I know the salaries). Also, it’s a government job, so obviously zero stock. Anyway, just letting you know that we’re out here.

Are you in the US? This seems extremely low for the US. I've had trouble in the past hiring good sr. engineers in the 150-200k range outside of a tech hub. Are devs staying because they believe in what they do and are willing to take lower compensation?

Were you hiring for a startup?

Because I wouldn't go to work for a startup even for that much (which is over 2x my current salary). The instability and likelihood of toxic techbro culture (eg, "fast-paced work environment, with people passionate about what they do", aka "you'll be expected to work 80-100 hours a week"...) are just way too high.

Re: Ask HN: Is the Market Recovering?

#96

Post by lylejantzi3rd »

treprinum wrote: post #60
morelandjs wrote: post #40

Earlier quoted context omitted.

May I ask where you are working now?

As an independent consultant; thinking about starting my own AI company as I can build full MVPs with ChatGPT and vector DBs in like 2 weeks and there is so much demand.

> I can build full MVPs with ChatGPT and vector DBs in like 2 weeks

To do what? What's the value proposition with AI these days? I have no clue because all I see is the hype.

Re: Ask HN: Is the Market Recovering?

#97

Post by frfl »

danaris wrote: post #95
JamesBarney wrote: post #91

Earlier quoted context omitted.

Are you in the US? This seems extremely low for the US. I've had trouble in the past hiring good sr. engineers in the 150-200k range outside of a tech hub. Are devs staying because they believe in what they do and are willing to take lower compensation?

Were you hiring for a startup? Because I wouldn't go to work for a startup even for that much (which is over 2x my current salary). The instability and likelihood of toxic techbro culture (eg, "fast-paced work environment, with people passionate about what they do", aka "you'll be expected to work 80-100 hours a week"...) are just way too high.

There's a real risk of that, but you interview a company as much as the company interviews you. Ask the hard questions and be willing to say no to them if you think they're that type.

I don't know if you're in US or Europe or somewhere else, but "2x my current salary", meaning you're around ~75-100k? In the US that's low for software aside from maybe early career or if you're working for some non-software-oriented company, from what I can tell now that salaries are starting to be publicly listed on more and more jobs.

You're probably doing yourself a disservice by at the very least not even exploring other options and sticking at one place out of comfort.

Just my 2 cents, you know your situation better than some rando on the internet.

Re: Ask HN: Is the Market Recovering?

#98

Post by [deleted] »

lylejantzi3rd wrote: post #96
treprinum wrote: post #60

Earlier quoted context omitted.

As an independent consultant; thinking about starting my own AI company as I can build full MVPs with ChatGPT and vector DBs in like 2 weeks and there is so much demand.

> I can build full MVPs with ChatGPT and vector DBs in like 2 weeks To do what? What's the value proposition with AI these days? I have no clue because all I see is the hype.

[deleted]

Re: Ask HN: Is the Market Recovering?

#99

Post by moneywoes »

rprospero wrote: post #46
H8crilA wrote: post #20

Earlier quoted context omitted.

> "compensation packages people are talking are still like a quarter of what was typical a year ago if that" You mean much less stock? I can't imagine a senior engineer getting a $50k in annual salary, only in the cash component.

Hi! I’m a senior engineer getting $53k in annual salary. Everyone in my department is making the same, my boss included (government job, so I know the salaries). Also, it’s a government job, so obviously zero stock. Anyway, just letting you know that we’re out here.

May I ask what country?
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