I live in Canada and its quite upsetting to see salaries just a skip over the border that are 120K USD for remote positions but they won't even entertain hiring a Canadian, meaning in Canada the remoting range is 55-70 CAD USD. Going above 70K is possible but in my experience those jobs can only be acquired through personal networking in the GTA which is self-defeating because it keeps you tethered to the GTA. Imagin…
21 Years of Income as a Software Engineer in San Francisco
71–80 of 146 posts
Re: 21 Years of Income as a Software Engineer in San Francisco
#72The graph seems related to the graph of venture funding over the same period: https://en.wikipedia.org/wiki/File:US_VC_funding.png Which is not surprising considering that salaries are the number one thing venture funding is spent on.
> salaries are the number one thing venture funding is spent on. Are you sure? I think that's possible, but my first guess would be rent (anywhere, not just in SF--unless you're all remote, even tiny corporate real estate is expensive ), followed by salaries/benefits. Regardless, it would be interesting to see some data explaining how VC funding is spent. Even better to see how the spending percentages change over ti…
Re: 21 Years of Income as a Software Engineer in San Francisco
#73I'm French, I'm not a software engineer because I don't have the degree, but I can read every language out there, I speak English pretty well, I know how to do proper research to fix things, and as I saw in the comments, the situation here is very weird. I have been unemployed my whole life, my medical condition might have something to do with it, but when I hear that French companies put a lot of faith in a degree I…
Focus on a particularly in-demand specialty (versus being broad). Just as an example, the demand for React developers is extremely high right now. If front-end isn't your thing, the demand for Python engineers seems to have caught the industry by surprise, thanks to the AI boom. It has drained the available Python programmer supply. I'd expect that demand to continue. There are a bunch of other specialties that can p…
Re: 21 Years of Income as a Software Engineer in San Francisco
#74I'm French, I'm not a software engineer because I don't have the degree, but I can read every language out there, I speak English pretty well, I know how to do proper research to fix things, and as I saw in the comments, the situation here is very weird. I have been unemployed my whole life, my medical condition might have something to do with it, but when I hear that French companies put a lot of faith in a degree I…
Re: 21 Years of Income as a Software Engineer in San Francisco
#75I live in Canada and its quite upsetting to see salaries just a skip over the border that are 120K USD for remote positions but they won't even entertain hiring a Canadian, meaning in Canada the remoting range is 55-70 CAD USD. Going above 70K is possible but in my experience those jobs can only be acquired through personal networking in the GTA which is self-defeating because it keeps you tethered to the GTA. Imagin…
Hiring someone across a national border adds a lot of complexity and cost to the employment process. A few companies I have worked for which did have foreign employees ended up with an umbrella company paradigm, with individual corporations in each country to help ease the complications and reduce the costs.
It's not really true for the US and Canada thanks to Nafta.
Re: 21 Years of Income as a Software Engineer in San Francisco
#76I'm French, I'm not a software engineer because I don't have the degree, but I can read every language out there, I speak English pretty well, I know how to do proper research to fix things, and as I saw in the comments, the situation here is very weird. I have been unemployed my whole life, my medical condition might have something to do with it, but when I hear that French companies put a lot of faith in a degree I…
So how does this translate to searching for candidates?
Well, in general when you are scanning resumes you are looking for “proxies” for quality (remember you are devoting maybe 30 - 60 seconds to each resume initially, and even at that rate it will take you 30+ minutes to get through the resume dump you have been given that day. This doesn’t count the extra time you spend on the most promising candidates. So, what are good proxies? The best proxies are competing companies for your industry, where they are currently working at. It shows they both 1. Are able to do an equivalent job, and 2. They know the specifics of your industry. Next best proxy: A similar job that they have done at any company (preferably at a company which you have heard of, and know hires good quality). The next “goodness” proxy I use is “have they done anything I heard about, or can infer their competence from? An example is a project that I know is non trivial. The final proxy you can use of course is a degree. Since it is known quantity of “work” that was needed to successfully complete that degree.
This is to say, if you don’t have a degree you need to “stand out” in some way. Show that you can “do” something valuable.
Remember at the end of the day the employer has to get “value” out of you. You need to provide some multiple of what you cost for it to be “worth” hiring you. Some numbers for context: For 100k job, that usually translates to 160k all in cost for the employer (benefits, taxes, overhead, etc). Add in the risk you may not work out (if they are 90% certain, then they have to expect 177k of value just to break even). If you are less solid of a candidate, say 50% chance of working out, then the number is 320k.
Either way, you need to give the expectation that you will give way more value then your cost given your risk profile.
So to circle back, how do you get these jobs? Find a way to demonstrate your “value” in the context of the employers needs or find ways of reducing your “risk” profile for them hiring you.
Hope this helps.
Re: 21 Years of Income as a Software Engineer in San Francisco
#77Re: 21 Years of Income as a Software Engineer in San Francisco
#78I'm French, I'm not a software engineer because I don't have the degree, but I can read every language out there, I speak English pretty well, I know how to do proper research to fix things, and as I saw in the comments, the situation here is very weird. I have been unemployed my whole life, my medical condition might have something to do with it, but when I hear that French companies put a lot of faith in a degree I…
Try applying through triplebyte. Their goal is a candidate blind, pure merit application process. I used them in my last job search, and was super impressed with every step along the way. Low stress, and lots of constant feedback on how to make myself a better candidate.
Re: 21 Years of Income as a Software Engineer in San Francisco
#79I live in Canada and its quite upsetting to see salaries just a skip over the border that are 120K USD for remote positions but they won't even entertain hiring a Canadian, meaning in Canada the remoting range is 55-70 CAD USD. Going above 70K is possible but in my experience those jobs can only be acquired through personal networking in the GTA which is self-defeating because it keeps you tethered to the GTA. Imagin…
Hiring someone across a national border adds a lot of complexity and cost to the employment process. A few companies I have worked for which did have foreign employees ended up with an umbrella company paradigm, with individual corporations in each country to help ease the complications and reduce the costs.
Re: 21 Years of Income as a Software Engineer in San Francisco
#80Sharing on average dollars of income available to save after taxes per year would be interesting. At the end of the day it's not just what you make, but what you are in a position to save.