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Developer won’t get hit by a bus, they’ll get hired by Netflix

neomindlabs.com

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Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#41

Post by naveen99 »

fizwhiz wrote: post #30
heyoo wrote: post #13

Are $500k+ yearly salaries in SV really that usual?

> Are $500k+ yearly salaries in SV really that usual? Salaries? Not at all. Total compensation? Well, it depends. Software engineers with * Salary * Bonus (anywhere between 15-25% of salary) * Initial grant that vests over 3-4yrs * Stock "refreshers" that you get annually * General equity appreciation due to a bull market For senior engineers, the equity portion of their compensation far outweighs their salary.

I wouldn't count the equity appreciation as compensation. you already own the capital, its your own capital gain, not income from employer at that point.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#42

Post by NovemberWhiskey »

purple_ferret wrote: post #38
paulgb wrote: post #3

> never underestimate the amount of money the FAANGs have to poach your talent. I really wish we'd stop using the word "poach". It's a loaded word with negative connotations, but what it really means here is "offer someone a better situation than you offered them". Employees have agency, they aren't wild elephants who need your "protection" from "predators" who just want to pay them more.

> but what it really means here is "offer someone a better situation than you offered them". Some people would similarly have a problem with claiming a higher salary equals a 'better situation'

Again; missing the point. It's up to employee, who is generally speaking a fully formed human being with the capability to know what matters to them and make decisions on that basis.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#43

Post by nitrogen »

dqpb wrote: post #7
paulgb wrote: post #3

> never underestimate the amount of money the FAANGs have to poach your talent. I really wish we'd stop using the word "poach". It's a loaded word with negative connotations, but what it really means here is "offer someone a better situation than you offered them". Employees have agency, they aren't wild elephants who need your "protection" from "predators" who just want to pay them more.

Another way of saying it: > Never underestimate how much better a person's life can be by working for a FAANG instead of working for you Edit: For those who are downvoting, I'm simply saying this is what's implied by the quote. I'm not making a statement about FAANGs.

I don't think that is actually implied. A better life is very subjective.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#44

Post by godzillabrennus »

game_the0ry wrote: post #23

I agree with the author's point about using popular tech stacks to alleviate the ramp-up time for new hire productivity, but that is not the optimal solution. The optimal solution is for management to not let high-productivity talent from leaving - increase their comp to whatever offers they might get in the open market. That's how labor economic works - it's a market. Investment bank and management consulting figure…

Only failing companies in 2020 view their engineers as easily replaceable.

That said, there are a lot of failing companies these days thanks to cheap and readily available debt.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#45

Post by untog »

purple_ferret wrote: post #38
paulgb wrote: post #3

> never underestimate the amount of money the FAANGs have to poach your talent. I really wish we'd stop using the word "poach". It's a loaded word with negative connotations, but what it really means here is "offer someone a better situation than you offered them". Employees have agency, they aren't wild elephants who need your "protection" from "predators" who just want to pay them more.

> but what it really means here is "offer someone a better situation than you offered them". Some people would similarly have a problem with claiming a higher salary equals a 'better situation'

A higher salary is an indicator of a better situation, it isn’t the situation itself.

It just happens to also be one of the easiest indicators to sell to a prospective employee. A great company culture is also a “better situation” but it’s a lot less tangible from the outside.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#46

Post by laurentdc »

roland35 wrote: post #11

FAANG companies can certainly offer more money, but there are lots of things other companies can offer too (besides Ruby on Rails apparently). - ownership of the product and process - less red tape and politics - good work life balance - location other than Silicon Valley - boss who pays attention to engineer needs and wants Money is a huge factor but it isn't the only one!

Anecdotal, but when I hear of people working impossible hours and with a clueless boss it's almost always a startup or some small shop.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#48

Post by obmelvin »

purple_ferret wrote: post #38
paulgb wrote: post #3

> never underestimate the amount of money the FAANGs have to poach your talent. I really wish we'd stop using the word "poach". It's a loaded word with negative connotations, but what it really means here is "offer someone a better situation than you offered them". Employees have agency, they aren't wild elephants who need your "protection" from "predators" who just want to pay them more.

> but what it really means here is "offer someone a better situation than you offered them". Some people would similarly have a problem with claiming a higher salary equals a 'better situation'

That's fine - it doesn't matter what is right for 'some people'. It just matters if it's a better situation for the person accepting a new job - whether money is part of their viewpoint or not.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#49

Post by mips_avatar »

game_the0ry wrote: post #23

I agree with the author's point about using popular tech stacks to alleviate the ramp-up time for new hire productivity, but that is not the optimal solution. The optimal solution is for management to not let high-productivity talent from leaving - increase their comp to whatever offers they might get in the open market. That's how labor economic works - it's a market. Investment bank and management consulting figure…

The tech companies do invest a certain amount into new-grads. If you are a new grad in Microsoft working on most products you will get a weeklong training on how to build apps on azure (equivilant to azure level 1 certificate). You will also get invited to these pretty cool speaking events where they bring in people who have had TED-talks to discuss your transition.

Re: Developer won’t get hit by a bus, they’ll get hired by Netflix

#50

Post by Supermancho »

ninkendo wrote: post #32
pandaman wrote: post #29

Earlier quoted context omitted.

https://www.merriam-webster.com/dictionary/poach 2 a: to take (game or fish) by illegal methods b: to appropriate (something) as one's own >>> c: to attract (someone, such as an employee or customer) away from a competitor <<<

Webster’s dictionary describes language as it is used, it doesn’t prescribe definitions. Citing a dictionary means nothing in a debate of whether we ought to use a word in a certain context.

> Webster’s dictionary describes language as it is used, it doesn’t prescribe definitions

American English is a high context language. The GP was illustrating the current parlance, which Webster is lacking.

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