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, $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?
New Intel CEO rehiring retired CPU architects
231–240 of 547 posts
Re: New Intel CEO rehiring retired CPU architects
#232Earlier quoted context omitted.
I am 100% in the same boat. Had a recruiter reach out to me who wanted me to leave my more than comfortable six figure SV job to do cutting edge contract work in machine learning as a lead engineer for about $50/hour. I was so amused I actually spent the time listening to their pitch and eventually told them that anything less than $200/hour wouldn't even cover my current pay + benefits. Let me know if you can do bet…
I genuinely feel bad for talented people that get suckered into deals like this. Obviously some do if recruiters try and do this.
Re: New Intel CEO rehiring retired CPU architects
#233Earlier quoted context omitted.
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 hi…
Re: New Intel CEO rehiring retired CPU architects
#234Earlier 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.
Re: New Intel CEO rehiring retired CPU architects
#235A bit off topic but I remember when Intel set up a special career fair presentation for my major. I forget the specific role the manager was hiring for, but it sounded like a quality/reliability engineer. Basically run a bunch of tests, identify and analyze errors on newly manufactured equipment. I immediately lost interest when the manager said the role would either work until 9 PM or start the next day at 4 AM due…
Sorry if this is too off-topic, but why did it make up a sizable fraction of your portfolio in the first place?
Re: New Intel CEO rehiring retired CPU architects
#236Earlier quoted context omitted.
Reading all comments grilling MBAs in HN is one of my guilty pleasures. I think I need to collect them all and put them in one place.
I would include lawyers and accountants in the same bucket. Those three groups tend to put innovation and design/engineering excellence low on priorities.
They all share the same "pointless" features:
- lawyers: reason for hiring: the company doesn't get sued for breaking laws (boils down to reducing costs even if you only consider the statutory damages)
- accountants: reason for hiring: the company doesn't hide deficits / key employees can't divert money (boils down to reducing costs)
- MBAs: reason for hiring: so that existing processed are optimized, and employees don't slack off too much (boils down to reducing costs)
To which I'd add HR:
- HR: reason for hiring: so that the company doesn't get sued for discrimination or gets bad PR that will reduce sales/good hires (boils down to reducing costs) -- connected to lawyers, except HR may also care about stuff that doesn't directly break laws.
So I think all of them are important! Then again, I'm now a capitalist pig, so feel free to dismiss my concerns.
But even if you only care about the visible features of a product, understand you can't innovate or even excel on a budget - which means reducing costs and trimming expenses whenever possible.
Re: New Intel CEO rehiring retired CPU architects
#237Earlier quoted context omitted.
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 hi…
There really aren't many FileNet or Neoxam options out there. My wife refuses to relocate, so I'm stuck where I am.
Re: New Intel CEO rehiring retired CPU architects
#238A bit off topic but I remember when Intel set up a special career fair presentation for my major. I forget the specific role the manager was hiring for, but it sounded like a quality/reliability engineer. Basically run a bunch of tests, identify and analyze errors on newly manufactured equipment. I immediately lost interest when the manager said the role would either work until 9 PM or start the next day at 4 AM due…
It's incredible to me how often recruiters will shoot themselves in the foot when discussing WLB. When I was an undergrad, I had a lot of management consultancies reach out for technical/engineering roles. I thought - hey, there's a reason why people want to work at Bain, BCG, and McKinsey, right? So I spoke to a recruiter and opened with: so what's the work life balance look like for technical ICs at your company? T…
At least the recruiters you spoke with were upfront about expectations. Do you know if there was WLB as one got into a more senior role and climbed the corporate ladder there?
This past summer I did some contracting work, putting in 80+ hr work weeks, 7 days/week. Management figured I had nothing better to do cause of covid, so they just piled on work. I'm not complaining about the work, it molded me to be a better employee. I was also fairly compensated for my time. But my health was so bad. Blood pressure sky-rocketed, resting heart rate in the 80's as a mid 20's male. Eyes red when I woke up every day. Blurry long distance vision.
Now that I have balance between work/life, I am back to an excellent blood pressure & RHR. Eyes all fine again. I learned an extremely valuable lesson last summer to never forgo life & free-time.
edit: I don't have a problem working more than a 40 hr work week. In fact, my worldview believes it is necessary to work more than the average person. I found out I can stay healthy and happy by taking Friday nights and Saturdays off. I ideally try to work/learn 55-57 hours in a normal week.
Re: New Intel CEO rehiring retired CPU architects
#239Earlier quoted context omitted.
I would include lawyers and accountants in the same bucket. Those three groups tend to put innovation and design/engineering excellence low on priorities.
You are funny maybe without intending to be. They all share the same "pointless" features: - lawyers: reason for hiring: the company doesn't get sued for breaking laws (boils down to reducing costs even if you only consider the statutory damages) - accountants: reason for hiring: the company doesn't hide deficits / key employees can't divert money (boils down to reducing costs) - MBAs: reason for hiring: so that exis…
> reducing costs
yeah, or risk mitigation. Haven't decided which is truer.
> Then again, I'm now a capitalist pig, so feel free to dismiss my concerns
Yeah I own a company with ~50-60 employees (call me Mr. Pig). Business owners need to take input from these risk-mitigation roles into consideration but, ultimately, they shouldn't be decision makers. Taking risk is important.
Decision makers should be creators (eng, design) and the sellers (sales, marketing).
Businesses aren't built on reducing costs, they are built on making money. But, then again, you can use money you save by reducing costs and feed it into the creation->sales machine. It's a balance.
Re: New Intel CEO rehiring retired CPU architects
#240Earlier quoted context omitted.
Unashamed MBA checking in here! MBAs are the classic punching bags for HN. It seems we’re willing to bend the “civility” rules a bit here in order to have a nice hearty MBA-bash. I’ve seen all sorts of awful generalizations posted here about MBAs that would get you flagkilled if made about other professions or degrees. Some of us actually have tech/coding backgrounds and aren’t the stereotypical pointy-headed-bosses,…
MBAs are the equivalent of butter bars in the military. You get a lot of fresh faced BCOM -> MBA grads who know absolutely nothing but doctrine and are put in a position of power. CompSci -> Work in industry -> MBA usually produces the best managers.