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Spotify is letting employees work from anywhere while paying SF and NY salaries

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301–310 of 414 posts

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#301
post #251

Earlier quoted context omitted.

ok, I think we can all agree not to add any more letters to that acronym at this point and just call it big tech. Although I really would like to get a job at GAFNDMRASDGAMGICZ soon.

I'm not stopping until we reach FANDANGO.

My personal favorite that I've seen is FLAMINGASS (Facebook Lyft Amazon Microsoft Intel Netflix Google Apple Salesforce Square) (at least one of these is definitely a bit of a stretch)

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#302
post #73

Earlier quoted context omitted.

> It's not that complicated. On paper.

How dare you make housing affordable. I just spent 20x the median annual American salary on this house, and now you want to make it affordable? /s

One day the fed will do the unbelievable, it will raise interest rates and all those mortgages will be underwater.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#303

I wonder if this will make non-techies' life even harder. Right now, thanks to the relatively higher pay, techies are concentated in cities/urban areas. With rermote work possible on a permanent basis, all these relatively well-off techies moving to rural areas; and with their spending power, wouldn't they drive up prices?

It will in desirable places that techies frequent. Think this is a rising problem in the Tahoe region right now.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#304
post #290
post #20

Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…

I already only do 10 hours of work per week in this pandemic WFH. No one seems to notice. I’m L6 at google. Why not double down and get two “full time” jobs. I’ve heard from my friend in BoA that he works less than 1 hour per day. TC: 800k

WFH where? Are you paying 400k+ in taxes?

What are you doing with your time? I think I’d go mad if I only worked 1hr a day with these lockdowns.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#305
post #290
post #20

Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…

I already only do 10 hours of work per week in this pandemic WFH. No one seems to notice. I’m L6 at google. Why not double down and get two “full time” jobs. I’ve heard from my friend in BoA that he works less than 1 hour per day. TC: 800k

nice! how do you manage that?

I have a system that tracks how long I use my work machine for, and visualizes it in a bar that is 10 units long.

I got by doing this for about 15 months before they started somewhat catching on. Productivity is still the same, but some things are leaky.

I'm nowhere near your TC though. I feel like you are a smarter, more optimized version of me, but I hope to get there someday and that's the path I'm currently on.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#306
post #103
post #20

Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…

You'd be surprised at how few people can do these jobs. An eye opening exercise is doing interviews and seeing how many people with years of college and/or experience can't code a for loop. Demand exceeds supply and it's market forces not location that is the key driving factor here. Want a data point: London is roughly as expensive as NYC or SF yet the Big Tech total compensation is 30-40% less than SF/NYC. I don't…

This "can't code a for loop" is a misleading statement given the kind of interviews that are typical at e.g. Facebook.

Even if that candidate could code a for loop and a while loop and knew the syntax of that programming language by heart and knew their algorithms to boot, it's more than likely that they would fail the interview anyway.

Complaining about people that can't code loops emphasizes that the candidates are incompetent while omitting the also very relevant fact that many companies are ridiculously difficult to please.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#308

Earlier quoted context omitted.

> But from now on you can get the inflated valley salaries from everywhere. They are so high because cost of living is very high and competition with other companies too You have it backwards. Silicon Valley salaries are not “inflated” nor are they unreasonably high. In fact even at large FAANG companies, engineers are underpaid relative to actual revenue contribution, it’s just that competition drives those companie…

What will happen to all the employees at companies who are not able to leverage them to create as much value as FAANG companies can? ie. every other company that isn't a global tech behemoth?

I deny your premise. All those companies can and already do leverage software engineering talent for the same multipliers or orders of magnitude impact on revenue that tech companies get out of it.

They are just using rent seeking opportunities to disingenuously pay uncompetitive salaries and reap surplus for executive pay.

Either those companies will get better management and leaders who successfully rebuild the business model to account for this, or else executive and manager pay will go way down to reflect the reality that competition for high leverage software talent takes away the cushy executive surplus, or else the market in general will deem the company to be unwanted and not useful and it will decay out of business or get acquired.

The company has no right or expectation for things to stay in the current unfair state. The “cost of living wage” free lunch is ending, so adapt or fold.

Re: Spotify is letting employees work from anywhere while paying SF and NY salaries

#310

Earlier quoted context omitted.

What's the real pool though? Most of the world's developers are either trash compared to the standard or working in a trash environment like Europe. It's basically SEA and the US in the leagues that matter which is a much smaller pool.

I'm in Europe (geographically anyway, technically the UK isn't in Europe right now). It isn't trash but I'd gladly swap my job for a remote one that pays NY wages.

I believe you're confusing the continent Europe with the European Union. UK is certainly in Europe.
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