Is it meaningful to compare the median annual income of software engineers to the average annual income of the general population? I'm legitimately curious, what is the statistical significance of an average versus a median?
"average income" as reported is usually the median. Edit: I'm not sure why I'm getting downvotes. Anywhere you read about average incomes from a serious source it'll be the median, no one uses "mean income" for average when dealing with incomes, since the distribution is so skewed. If you even just google "average income" it'll report you the median. Median is so completely standard when reporting on income data that…
What Software Engineers Earn Compared to the General Population
101–110 of 161 posts
Re: What Software Engineers Earn Compared to the General Population
#102Earlier quoted context omitted.
A lot of software engineers are autodidacts and never graduated in IT. I didn't (I have an MA in politics, obviously irrelevant to my profession). In general unemployment in IT is very low, and there's always a shortage of programmers, so job security is clearly above average. (And government administrations have IT departments, too). It's supply vs. demand, that's all there is to it. I'm not buying any of the above…
While there is a segment of autodidacts, it's not like people can become expert software developers overnight. Software developers work longer hours. I've never been in an environment where developers hang their coats up at 5:00 and go on with their carefree lives. And while unemployment may be low in IT, developers do not enjoy job security.
And I've always worked in environments where they do.
Anecdata for the win?
Re: What Software Engineers Earn Compared to the General Population
#103Earlier quoted context omitted.
The things you mention -- gatekeepers with teeth -- are a nightmare. They have eviscerated the medical and legal professions to the point of self-parody. They exist to keep otherwise qualified people out explicitly because they want to keep their wages high.
I don't want some yutz who came out of a ten week medical bootcamp doing rude things to my corpus.
(That's roughly where I was before going to a programming bootcamp, mapped over to the medical world.)
Re: What Software Engineers Earn Compared to the General Population
#104Earlier quoted context omitted.
I agree that "working class" has typically, in the US at least, referred to blue collar workers. OTOH, as more and more blue collar type jobs are being obsoleted by machines, I think we're coming up upon a more modern definition of working class: those who do not derive profits from their actual value-add. For example, most other 'professional' type jobs - finance, law, medicine, etc. - typically have a well defined…
There's a big gulf between wage earners and everyone else, but, as I said to the other guy, the professional class and manual laborers don't have identical interests (for instance, which group is more likely to support a free-trade agreement that will cause US factories to shutter but drive down the prices of consumer goods?).
Engineering (all engineering, not just software engineering) is somewhere between a trade and a profession; too skilled and intellectually rigorous for the former but lacking the status of the latter.
Re: What Software Engineers Earn Compared to the General Population
#105Earlier quoted context omitted.
Chiropractors still need to be licensed.
How does that help things? I can easily find you a licensed chiropractor who will "diagnose" your ailments by just pushing down on your outstretched arm while holding a supplement or homeopathic remedy in front of you to determine if that supplement will fix the problem or not. I won't even get into "subluxations". And because that chiropractor is licensed by the State, the State government is explicitly endorsing th…
Re: What Software Engineers Earn Compared to the General Population
#106Is it meaningful to compare the median annual income of software engineers to the average annual income of the general population? I'm legitimately curious, what is the statistical significance of an average versus a median?
"average income" as reported is usually the median. Edit: I'm not sure why I'm getting downvotes. Anywhere you read about average incomes from a serious source it'll be the median, no one uses "mean income" for average when dealing with incomes, since the distribution is so skewed. If you even just google "average income" it'll report you the median. Median is so completely standard when reporting on income data that…
"Moreover, we compare median annual values for software engineers with mean annual values for the general population. Considering how large the income share of top earners is in several countries, annual median values for the general population might well show a different picture."
Re: What Software Engineers Earn Compared to the General Population
#107Earlier quoted context omitted.
How does that help things? I can easily find you a licensed chiropractor who will "diagnose" your ailments by just pushing down on your outstretched arm while holding a supplement or homeopathic remedy in front of you to determine if that supplement will fix the problem or not. I won't even get into "subluxations". And because that chiropractor is licensed by the State, the State government is explicitly endorsing th…
Hm. Just because I have a drivers' license doesn't mean the State endorses me. Just gives me permission to operate in public.
Re: What Software Engineers Earn Compared to the General Population
#108Earlier quoted context omitted.
Chiropractors still need to be licensed.
How does that help things? I can easily find you a licensed chiropractor who will "diagnose" your ailments by just pushing down on your outstretched arm while holding a supplement or homeopathic remedy in front of you to determine if that supplement will fix the problem or not. I won't even get into "subluxations". And because that chiropractor is licensed by the State, the State government is explicitly endorsing th…
Re: What Software Engineers Earn Compared to the General Population
#109Earlier quoted context omitted.
How does that help things? I can easily find you a licensed chiropractor who will "diagnose" your ailments by just pushing down on your outstretched arm while holding a supplement or homeopathic remedy in front of you to determine if that supplement will fix the problem or not. I won't even get into "subluxations". And because that chiropractor is licensed by the State, the State government is explicitly endorsing th…
Hm. Just because I have a drivers' license doesn't mean the State endorses me. Just gives me permission to operate in public.
Re: What Software Engineers Earn Compared to the General Population
#110Earlier quoted context omitted.
There's a big gulf between wage earners and everyone else, but, as I said to the other guy, the professional class and manual laborers don't have identical interests (for instance, which group is more likely to support a free-trade agreement that will cause US factories to shutter but drive down the prices of consumer goods?).
Considering your setup, on what side do you think most software engineers would fall? The elites who have "made it" at Google and Facebook might be fine, but those factories employ tens of thousands of software engineers and programmers in addition to tens of thousands of skilled manufacturing workers. They both lose their jobs when those factories close. Engineering (all engineering, not just software engineering) i…