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U.S. Employers Struggle to Match Workers with Open Jobs

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Re: U.S. Employers Struggle to Match Workers with Open Jobs

#281

Post by jedberg »

TuringNYC wrote: post #97
jdavis703 wrote: post #71

Earlier quoted context omitted.

This is true in certain cases, but not all. I just offered an unemployed family member (and recent computer science grad) a freelance opportunity worth $100 an hour to build out a simple e-commerce site. They didn't want the work. I think part of the problem is that you can have a lot of "fun" these days for very cheap (video games, YouTube, etc). Maybe it's time for us to reexamine why people don't even want high-pa…

Its all fun and games until you have a family...then it is difficult to have 3 roommates to an apartment, you have massive healthcare premiums, deductibles and you find that 70% of the tech jobs are in a metro area where your salary doesn't pay for more than a 1br apt for your family. ...but yes, our entertainment costs are fairly inexpensive. Too bad there are so many other things to pay for.

> then it is difficult to have 3 roommates to an apartment

Well technically you still have the roommates, they just make a mess everywhere and you have to cover their rent every month.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#282

Post by sjg007 »

stale2002 wrote: post #211
tunetine wrote: post #183

Earlier quoted context omitted.

No, and I'm not sure why. Maybe because doctors have unlimited demand and are considered more highly skilled?

How about 100$ bread? Is that a shortage? People literally starving to death, because they can't pay for food? But supply is meeting demand at that point, right?

People would start baking their own bread.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#283

Post by ep103 »

cynicalkane wrote: post #113
altotrees wrote: post #91

Recently had a recruiter call me, interview me over the phone once, in-person once, and via skype once. The job seemed to be a great fit, the pay was there, everything seemed to be lined up. The recruiter called me again to tell me that they were going to be taking the next steps with me very shortly. A week of silence goes by, then another. I email, inquiring about the position. "Oh, we gave that to someone we had b…

I feel like there's two tiers of the software industry: those employable at AmaFaceGoogFlix or a competitor, and everyone else; but the "everyone else" is completely unaware that the first tier exists. It's like if minor league baseball had no idea about major league baseball. You even see it on HN. Someone will come along and talk about how a senior dev at Google can expect $250k a year. You'll get two categories of…

Who are the competitors to AmaFaceGoogFlix? I'm based out of nyc, and the common logic here is that dev salaries start maxing out in the 150-170 range. If you go to a hedge fund, you can get more, maybe pop 200. But for more than that? You have to go to AmaFaceGoogFlix.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#284

Post by rifung »

xyzzyz wrote: post #271
jcadam wrote: post #227

Earlier quoted context omitted.

I still don't believe the $250k figure :) I make exactly half of that here in Florida (a fairly low cost area) as a senior dev and my salary has definitely plateaued (and I haven't had a raise in a few years). I know I make more than most of my peers and local recruiters scoff when I tell them my current pay (I had to talk my current employer up about $30k just to match my salary at my previous employer to get me to…

I don't know a single person at Google who makes less than $180k in total comp, and that includes new grads. If you are more senior in any way (e.g. graduated college 2 years ago instead of just now), you're looking at >$200-220k, and if you're actually Senior Software Engineer, you're looking at $250-300+k total comp in a year. Really, don't let the base salary numbers fool you. RSUs is where it's at.

> I don't know a single person at Google who makes less than $180k in total comp, and that includes new grads.

I assume this is MTV/SVL/SFO/NYC? I'm sure you can find new grads who make less than that in other offices. At least I make less than that as an L3 in SEA

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#285

Post by School-Cotton »

sjg007 wrote: post #280
School-Cotton wrote: post #234

Earlier quoted context omitted.

> $1 of stock isn't worth $1 of liquid assets Er, why not? Only difference is I have to pay a $5 trading fee on Schwab to turn stock into cash. So I guess $10,000 in stock is worth $9,995 in liquid assets. > even then, you're putting a lot of eggs in one basket. Only if you hold the stock. Which nothing forces you to do. I can (and do) sell all of my tech company stock on the day it vests and buy other assets instead…

You can hold it to reduce taxes right?

Not that I'm aware -- how would holding it reduce taxes? I'm not sure I understand.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#286

Post by MrLeap »

jcadam wrote: post #273
wwalser wrote: post #267

Earlier quoted context omitted.

Do you mean that you actually don't believe it? As in, "I think that's a false statement"? Or do you mean that you're jokingly in "a state of disbelief", as in… surprised or taken aback? I have friends in low cost areas that make around what you're describing. They don't continue doing that because of willful disbelief, they understand that they could move and make 2.5x their current income. They just like the lifest…

Perhaps somewhere in between. While $250k sounds high for a pure code-slinger, I'm willing to believe a few companies (Google, Microsoft, et. al.) choose to pay a small number of their top devs that kind of money. On the other hand, competition for dev jobs in general is so fierce (as in the supply of great devs outstrips the demand by a large margin) that I can't imagine it would be difficult to fill those same posi…

The competition is fierce? Must only be a SF phenomena. My side of the country doesn't feel that way at all. Seems like there's way more jobs than qualified applicants over here.

Still the same problem of most being unwilling to pay for talent, but those who are still aren't having THAT easy of a time.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#287

Post by drewmol »

flachsechs wrote: post #274
humanrebar wrote: post #269

Earlier quoted context omitted.

> imagine trying to buy a product or service, but nobody will tell you how much it costs, but instead tries to subtly hint that you should name your price There are tons of products that don't have a listed prices, just a "call our sales representatives". Heck, the job listings don't list salary expectations, even when they're cold calling you .

"call our sales representatives" means they'll tell you if you call. i'm guessing you never call, because you don't actually want to talk to anyone, which is exactly what they're trying to do: filter you out.

It can mean: "you want to know the price? Well, that depends... How much is it worth to you?"

Among plenty of other things

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#288

Post by cynicalkane »

jcadam wrote: post #273
wwalser wrote: post #267

Earlier quoted context omitted.

Do you mean that you actually don't believe it? As in, "I think that's a false statement"? Or do you mean that you're jokingly in "a state of disbelief", as in… surprised or taken aback? I have friends in low cost areas that make around what you're describing. They don't continue doing that because of willful disbelief, they understand that they could move and make 2.5x their current income. They just like the lifest…

Perhaps somewhere in between. While $250k sounds high for a pure code-slinger, I'm willing to believe a few companies (Google, Microsoft, et. al.) choose to pay a small number of their top devs that kind of money. On the other hand, competition for dev jobs in general is so fierce (as in the supply of great devs outstrips the demand by a large margin) that I can't imagine it would be difficult to fill those same posi…

Nope, most senior devs at such companies are pure code slingers or small team leads. The "select few", which I interpret to mean people who can architect or lead large projects, start at 400k or so and top out at undisclosed millions.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#289

Post by megous »

yahna wrote: post #243
cynicalkane wrote: post #217

Earlier quoted context omitted.

There's a point to this if you get a good startup job offer, but probably 95% or more of startup job offers are terrible. "You'll earn 50% below market, but if we make billions, your options will be worth a few hundred K per year once we have a liquidity event." No thanks. For big companies that pay market rates, stock can be valued, and GAAP actually requires it. So they're not saving any money on paper paying you i…

But they are totally taking on all the risk and hard work. YOu just have to work insane hours for half of your worth with the risk of getting fired. That's no risk at all compared to being a founder, you should be grateful they gave you that (pre-dilution) 0.015% as employee number 1. After all you get ot build something great!

Which is funny, given that much of their risk is probably just to reputation, if they are funded from angels and operate as a LLC, or whatever.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#290

Post by [deleted] »

ep103 wrote: post #283
cynicalkane wrote: post #113

Earlier quoted context omitted.

I feel like there's two tiers of the software industry: those employable at AmaFaceGoogFlix or a competitor, and everyone else; but the "everyone else" is completely unaware that the first tier exists. It's like if minor league baseball had no idea about major league baseball. You even see it on HN. Someone will come along and talk about how a senior dev at Google can expect $250k a year. You'll get two categories of…

Who are the competitors to AmaFaceGoogFlix? I'm based out of nyc, and the common logic here is that dev salaries start maxing out in the 150-170 range. If you go to a hedge fund, you can get more, maybe pop 200. But for more than that? You have to go to AmaFaceGoogFlix.

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