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New Intel CEO rehiring retired CPU architects

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211–220 of 547 posts

Re: New Intel CEO rehiring retired CPU architects

#212

Earlier quoted context omitted.

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

That's what I make at my full time job in NJ with 7 years of experience. Damn.

You have to ask yourself if the raise is worth the COLA as well as quality of life in the Bay Area which include housing stock quality per dollar as well as nuisance crimes you have to deal with (garage, car break ins and dealing people suffering metal health issues in the street, etc.)

It works out for some people but it will not work out for everyone.

Re: New Intel CEO rehiring retired CPU architects

#213
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.

I’d laugh at triple that. This is a strong indicator Intel will not be turning things around.

Re: New Intel CEO rehiring retired CPU architects

#214
post #54

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…

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…

> Intel engineers are paid supposedly similar rates at similar levels and similar locations.

Again with this location based compensation trend. Maybe it works for flipping burgers but it seriously break down when you are a global player hiring from a pool of global talent.

You can play CoL games and count beans as much as you want, but the engineering talent Intel is after are also pursued by companies like Apple that are wat above market rate.

Re: New Intel CEO rehiring retired CPU architects

#215

Earlier quoted context omitted.

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.

Financial companies, pharmaceutical companies, automotive companies, aircraft (component or manufacturing) companies. They all fail to understand the criticality of software and IT to their long term objectives, and greatly undervalue people in those fields. A recurring issue I've found is, "Jack the EE picked up programming in a week, why are you worth as much or more than him when you aren't even a 'real' engineer?…

I disagree - non-software companies feel entitled to price employees based in relation to their peers rather than in relation to the value they add to the business (and possibly misuse their tech labour because they never hired an architect that could actually steer it to be as valuable as it could be) but Jack the EE might be a perfectly servicable developer. There's a lot of theory we learn in school that Jack would need to pick up himself but don't assume you're imbued with a special skill that sets you apart from the rest of the employees.

The company should definitely be paying more out of their pocket to employ good tech talent, but I'm not so certain whether it's good for society for all that created value to be given to the developer who happened to create it. I think there is a big value gap in how much developers can produce with relatively little labour compared to, say, a car mechanic - but I think that it might be best for everyone if a really big proportion of that value gap was sliced up and distributed more evenly across society in the form of social programs to benefit us all.

Re: New Intel CEO rehiring retired CPU architects

#217
post #209

Earlier quoted context omitted.

You are not. You're just poorly compensated and that doesn't say a damn about your personal worth.

Eh, everything in life is about money, so I think it does.

Well, honestly, if that's your opinion then change your circumstances - work on your resume and get a job with higher compensation, they certainly exist and the requirements for them and expectations on them are far lower than you think... And, most importantly, the price for failure is negligible. If you're a wiz with databases in your current position and are considering moving to a fancy silicon valley job with high compensation the worst that can happen is you'll fail your probationary period and still make a fair amount of money.

Re: New Intel CEO rehiring retired CPU architects

#218
post #215

Earlier quoted context omitted.

Financial companies, pharmaceutical companies, automotive companies, aircraft (component or manufacturing) companies. They all fail to understand the criticality of software and IT to their long term objectives, and greatly undervalue people in those fields. A recurring issue I've found is, "Jack the EE picked up programming in a week, why are you worth as much or more than him when you aren't even a 'real' engineer?…

I disagree - non-software companies feel entitled to price employees based in relation to their peers rather than in relation to the value they add to the business (and possibly misuse their tech labour because they never hired an architect that could actually steer it to be as valuable as it could be) but Jack the EE might be a perfectly servicable developer. There's a lot of theory we learn in school that Jack woul…

They value people based on 'visibility' at my place. Unfortunately, some people who get that visibility are just putting out their own fires. I had a tech lead that was not very good in my opinion, but the business and management loved him.

Sometimes I think about becoming a mechanic. They make good money.

Re: New Intel CEO rehiring retired CPU architects

#219
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.

Wow, $45/hr is just laughtable. I know many freelance web developers from ex-USSR countries who charge more and their effective tax rate is below 10%.

Or did you mean this is $45/hr post-tax rate?

Re: New Intel CEO rehiring retired CPU architects

#220

Earlier quoted context omitted.

His point is, when you go from being practically the only game in town in 2014, to being a joke-ass also-ran "competitor" being trounced by the underdog processor company[0] who damn near went bankrupt and had to sell their fab just to stay afloat; and when your two biggest allies 1) make their own System-on-a-Chip that fucking slaughters your best offerings in a ton of benchmarks and real world tests, and also does…

This feels like a distraction from what I was driving at. Whether it’s Intel, AMD, etc. any large company needs a lot of work to be done. You don’t need top engineers for that.

You are confusing "top" engineers/employees with top-technical employees, that is not the same at all. If you staff a company with geniuses in R&D and gray mediocrities in all the other departments I am pretty sure you know what will happen. You want great CAD designers, PM, QA, logistics, marketing people? Pay them accordingly and not like mediocrities.It is pretty obvious you have no idea what you are talking about.
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