New Intel CEO rehiring retired CPU architects

Post by darth_avocado » Thu, Jan 21, 2021, 7:14 PM UTC

UncleOxidant wrote: post #81

lmilcin wrote: post #54

Earlier quoted context omitted.

I left Intel years ago to get almost 3x the salary as a software developer at... a bank. At Intel engineers are paid supposedly similar rates at similar levels and similar locations. And given my level (two levels above Senior Developer) I estimate I was paid better than at least 90% engineers. Where I worked in R&D the doors were constantly revolving and many people admitted they wait to register enough of prestigio…

I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.

Post by fermienrico » Thu, Jan 21, 2021, 7:16 PM UTC

PragmaticPulp wrote: post #9

This is an encouraging move. My secondhand understanding was that Intel was losing top talent due to pressure to pay closer to median industry compensation. Top engineers recognized they were underpaid and left the company. I've been part of a similar downhill slide at a smaller company in the billion dollar revenue range. To be blunt, once the [mediocre] MBAs start realizing that the engineers are getting paid more…

Post by giantg2 » Thu, Jan 21, 2021, 7:17 PM UTC

MaxLeiter wrote: post #113

pvarangot wrote: post #110

Earlier quoted context omitted.

I don't think it is. I got approached by consulting companies and recruiters to work on embedded development for Intel, including on-site work in Santa Clara, CA and travel to Asia. The hourly rate was 60 and days in Asia were 250 each plus accommodations. I've never done a trip to Asia were I was working less than 10 hours per day.

Amazon software development interns (undergrad) in SF get $65/hr + a housing stipend. 60/hr seems far too low

Post by cma » Thu, Jan 21, 2021, 7:20 PM UTC

ksec wrote: post #76

cma wrote: post #56

Earlier quoted context omitted.

> The effect of Gelsinger taking the CEO role pushed a hire that was on the fence into accepting the role. That's what he says and it is probably true. But it could also be true that saying so would put him in good graces with the new CEO and he would basically be expected by everyone to say that's what pushed him over the edge even if it wasn't, so him saying so adds little new information.

I seriously doubt that. He could have just stayed retired. If the negotiation was all smooth he would have been working with Intel by now. Remember he was retired, he doesn't need 30 / 60 days notice to anyone apart from family. Intel needed help, but sometimes even money cant move some people. They fail to attract any talent, especially those who have already worked in Intel and knows their culture. Having Pat meant…

Post by ptmcc » Thu, Jan 21, 2021, 7:22 PM UTC

giantg2 wrote: post #150

UncleOxidant wrote: post #81

Earlier quoted context omitted.

I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.

Wow. I make less than $45/hr (salary with extra hours dragging it down further, but with benefits). Edit for background: I have 9 years experience, an MSIS working at a financial company.