Live data from Hacker News

Netflix CEO explains why he pays technologists huge salaries

insights.dice.com

51–60 of 448 posts

Re: Netflix CEO explains why he pays technologists huge salaries

#52
post #29
post #13

I never understood why Netflix frequently gets mentioned in the same context as Apple, Google, and Amazon. I think I hear more about it than Microsoft on here. Can anyone explain this to me? Surely they aren't the only newish company that tries to employ smart people by paying well.

Netflix's development scale seems to be legitimately massive considering their reach across platforms, scale, customers and etc.

At a larger scale than Microsoft though?

Re: Netflix CEO explains why he pays technologists huge salaries

#53
post #22
post #13

I never understood why Netflix frequently gets mentioned in the same context as Apple, Google, and Amazon. I think I hear more about it than Microsoft on here. Can anyone explain this to me? Surely they aren't the only newish company that tries to employ smart people by paying well.

Probably because of FANG association. FANG = Facebook, Amazon, Netflix, Google

I find it strange that Netflix is associated with them considering the breadth of subdivisions and acquisitions that Google, Facebook, and Amazon have.

Re: Netflix CEO explains why he pays technologists huge salaries

#54
post #13

I never understood why Netflix frequently gets mentioned in the same context as Apple, Google, and Amazon. I think I hear more about it than Microsoft on here. Can anyone explain this to me? Surely they aren't the only newish company that tries to employ smart people by paying well.

For employment purposes it's because they pay in the same league. There aren't that many companies that are both recognizable names and high paying with more than a few dozen engineering jobs.

[deleted]

Re: Netflix CEO explains why he pays technologists huge salaries

#55
post #52
post #29

Earlier quoted context omitted.

Netflix's development scale seems to be legitimately massive considering their reach across platforms, scale, customers and etc.

At a larger scale than Microsoft though?

Seems unlikely, but I'm not sure why MS is being compared.

Re: Netflix CEO explains why he pays technologists huge salaries

#56
post #53
post #22

Earlier quoted context omitted.

Probably because of FANG association. FANG = Facebook, Amazon, Netflix, Google

I find it strange that Netflix is associated with them considering the breadth of subdivisions and acquisitions that Google, Facebook, and Amazon have.

Netflix pays exceptionally well, even in that group of companies.

Re: Netflix CEO explains why he pays technologists huge salaries

#57
post #46
post #32

In my opinion a huge role in the raise of IT people salary is their tendency to brag about their salary, one way or another. For better or for worse, this lead to discussions about salary, negotiating practices, and to people looking elsewhere. I sometimes speak with people that work in other fields and many of them have zero clue about these topics, whereas in most IT-related discussion boards (whether it's HN, redd…

i think you'll find that the work and value being created is required to support the high salaries. Imagine a super-market checkout person or a waiter - i'm sure they talk about their wages too. Why don't they get higher wages just by talking and negotiating?

Well scarcity is generally the best indicator. For a long time software developers have been a scarce resource and therefore hiring good engineers is competitive.

It's true that some market forces and potential value of what is created are factors else nobody would pay for the premium, but he generally scarcity rules here.

For a contrived example, why is caviar astronomically more expensive than bread? It's not the cost of production. It's not the fact that people like it more than bread.

It's just scarce.

Re: Netflix CEO explains why he pays technologists huge salaries

#58

I have no opinion on Disney, as it's not available in my country, but generally for me Netflix's latency from the play button is much better than youtube's or HBO Go's. HBO's app / web page is full of bugs that would be probably easy to fix (it gets stuck even after I turn my new Samsung TV off and on again, I need to force quit the app). At the same time while youtube offline video watching always works for me on my…

Not Netflix, but if you liked House of Cards, may I suggest both Succession and Billions? I love analysis of power and those shows are in a class of their own regarding that, very similar to HoC, but I'd say better.

Re: Netflix CEO explains why he pays technologists huge salaries

#60

I have no opinion on Disney, as it's not available in my country, but generally for me Netflix's latency from the play button is much better than youtube's or HBO Go's. HBO's app / web page is full of bugs that would be probably easy to fix (it gets stuck even after I turn my new Samsung TV off and on again, I need to force quit the app). At the same time while youtube offline video watching always works for me on my…

Wait, politics ruins stories, but you like House of Cards?
Post reply on HN