New Intel CEO rehiring retired CPU architects • Hacker News Board

Re: New Intel CEO rehiring retired CPU architects

#531

Post by stephencanon » Sat, Jan 23, 2021, 12:59 AM UTC

perryizgr8 wrote: post #384

stephencanon wrote: post #104

Earlier quoted context omitted.

$45/hr is about what I was paid as a grad-student intern at Apple ... 15 years ago.

Tell me if I'm calculating this incorrectly. $45 * 8 (hours a day) * 22 (days a month) * 12 (months) = $95k You were getting paid the equivalent of $95k/year as an intern??

Yes, that’s correct. Of course, interns don’t generally work 40 hour weeks for a full year, so in practice my W2 income was more like $55k.

I was originally hired for the summer at $35/hr or so, and then got a raise at the end of the summer when they asked me to stay on part-time during the school year.

Re: New Intel CEO rehiring retired CPU architects

#532

Post by thrwyoilarticle » Sat, Jan 23, 2021, 1:07 AM UTC

conro1108 wrote: post #325

JacobSuperslav wrote: post #297

Earlier quoted context omitted.

it's very risky to not diversify your stock portfolio.

The scenario being discussed is a college student with a "portfolio" funded by birthday and Christmas presents. It makes sense to be less risk averse in that situation than a mid-career software engineer with a family to support planning for retirement.

Plus trading fees would swallow a small principal

Re: New Intel CEO rehiring retired CPU architects

#533

Post by stephencanon » Sat, Jan 23, 2021, 1:18 AM UTC

dylan604 wrote: post #328

giantg2 wrote: post #152

Earlier quoted context omitted.

I have a salary that would work our to less than $45/hr, with extra hours dragging it down further.

If you make that while trying to live in SF/SV area, then it's probably hard to do. If you make that, and you live in nearly any where else, your money suddenly goes further. If you take it one step further, and make the same money but live in a state without state income taxes, your money goes even further. Keeping up with the Jones in the SF/SV area is quite expensive. Just a bunch of sentences to say that $/hr isn…

Nah, you can live very comfortably in SFBA on that even now. You’re not going to own the big house in the suburbs or the penthouse apartment, but you’ll still be better off than most people, can have a nice car, go out when you like, have nice clothes and lots of books, etc.

Re: New Intel CEO rehiring retired CPU architects

#534

Post by lmilcin » Sat, Jan 23, 2021, 1:49 AM UTC

mszcz wrote: post #513

lmilcin wrote: post #512

Earlier quoted context omitted.

By divulging the higher end of the range, the company instantly looses with less experienced candidates that could be content with their work if not for the fact, now there are two posibilities: 1. The candidate will ask closer to the upper end of the range but will get declined. Both company and candidate lost because divulging the upper end created unrealistic expectation by the candidate. 2. The candidate will or…

It seems to me that knowing what a position a company looks for fetches on the market is the recruiter and HR's job. No one said it would be easy. If the range is too wide and the position can be filled by a variety of people then maybe the offer is defined and presented incorrectly. Again, having a flexible rate but not letting the candidate know is better for the company, not for the candidate. Keeping the range a…

As a counter example, I am working for a large bank now and I am regularly interviewing candidates. We interview candidates first and then figure out if there is a role that would feel the candidate well.

I personally like it much better than having rigid positions and have to pass on a candidate just because he/she does not fit a rigid set of requirements.

Re: New Intel CEO rehiring retired CPU architects

#535

Post by girvo » Sat, Jan 23, 2021, 2:47 AM 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.

Christ I get more than that as a front end dev in Australia

Re: New Intel CEO rehiring retired CPU architects

#536

Post by girvo » Sat, Jan 23, 2021, 2:53 AM UTC

kofejnik wrote: post #490

literallycancer wrote: post #451

Earlier quoted context omitted.

You don't have to move to the US to make 200. That's easily available for remote people. For the big bucks, moving maybe helps but it's unlikely you make it from driving Uber to 1k/hr unless you run your own business.

> That's easily available for remote people. Not easily at all, clients usually avoid working with offshore freelancers directly, and established freelance platforms tend to cap the overseas rates (because they want their cut and also clients expect offshore devs to cost much less) Or am I totally wrong here?

You don’t present as a freelancer, but as a remote employee to get access to these sorts of things, for the exact reasons you correctly stated

Re: New Intel CEO rehiring retired CPU architects

#537

Post by smabie » Sat, Jan 23, 2021, 4:47 AM UTC

MajorBee wrote: post #315

saiya-jin wrote: post #136

Earlier quoted context omitted.

You are joking right? It in the rulebook of most sales folks... everywhere. Companies have special budgets for this. I don't mean some trading-only companies like Cargill who have extra prostitues budgets (at least 5 years ago that was true, and with expensive alcohol parties was the only way to do any business in places like Russia or most 3rd world countries). I mean any kind of bigger corporation. Banks have it. A…

Hmm my company's anti-corruption training material states very explicitly that the only gifts allowed are very minor ones (probably things like company-branded T-shirts or something) and dinners need to be on a modest budget, definitely no paid vacations and the like. Of course, this is just training material which I'm sure they make mandatory primarily to avoid liability, and I'm pretty far removed from the actual s…

how are gifts corruption? It's a business and if you need to spend tons of money to close a high value deal, then that is what is required.

Re: New Intel CEO rehiring retired CPU architects

#538

Post by perl4ever » Sat, Jan 23, 2021, 6:22 AM UTC

cunac wrote: post #186

JJMcJ wrote: post #117

Earlier quoted context omitted.

Remember, if you pay median, 1/2 the engineers are making more at other companies.

also remember that median always exists so it will always be a case that there is 1/2 under and 1/2 over.If all companies paying median raise that by 20% what is a current median?

Counterpoint: there are always a certain number of companies that will fail in the near future, so the median salary among viable companies is probably higher than the overall median.

Re: New Intel CEO rehiring retired CPU architects

#539

Post by mszcz » Sat, Jan 23, 2021, 6:44 AM UTC

lmilcin wrote: post #534

mszcz wrote: post #513

Earlier quoted context omitted.

It seems to me that knowing what a position a company looks for fetches on the market is the recruiter and HR's job. No one said it would be easy. If the range is too wide and the position can be filled by a variety of people then maybe the offer is defined and presented incorrectly. Again, having a flexible rate but not letting the candidate know is better for the company, not for the candidate. Keeping the range a…

As a counter example, I am working for a large bank now and I am regularly interviewing candidates. We interview candidates first and then figure out if there is a role that would feel the candidate well. I personally like it much better than having rigid positions and have to pass on a candidate just because he/she does not fit a rigid set of requirements.

That does sound like an interesting approach but I think is only applicable in first-job or entry level positions right?

What kind of seniority are we talking about here?

Re: New Intel CEO rehiring retired CPU architects

#540

Post by saagarjha » Sat, Jan 23, 2021, 6:59 AM UTC

stephencanon wrote: post #533

dylan604 wrote: post #328

Earlier quoted context omitted.

If you make that while trying to live in SF/SV area, then it's probably hard to do. If you make that, and you live in nearly any where else, your money suddenly goes further. If you take it one step further, and make the same money but live in a state without state income taxes, your money goes even further. Keeping up with the Jones in the SF/SV area is quite expensive. Just a bunch of sentences to say that $/hr isn…

Nah, you can live very comfortably in SFBA on that even now. You’re not going to own the big house in the suburbs or the penthouse apartment, but you’ll still be better off than most people, can have a nice car, go out when you like, have nice clothes and lots of books, etc.

On $45/hour? I can see not starving on that, but you're probably going to be sharing an apartment…