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Employers bow to tech workers in hottest job market since the dot-com era

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Re: Employers bow to tech workers in hottest job market since the dot-com era

#461

Post by nathanvanfleet »

khazhoux wrote: post #243
mabbo wrote: post #129

Earlier quoted context omitted.

I've actually seen the opposite. I'm at a FAANG, but based in Toronto. For the first time, recruiters are saying to me that yeah, they can do better than that total comp. Often much better. I like my boss and team, but if someone offers me enough money and a fully remote job, well, it's going to be hard to say no.

Always remember: your manager is right now looking for a new job too.

This is a reality. I stay where I am for various reasons but a strong one is working with strong people that I enjoy working with.I've already seen a few walk away and it wouldn't take many more before I felt like it was a different place.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#462

Post by jasonladuke0311 »

celim307 wrote: post #350

* what are you guys using to find high quality remote jobs? I used to use builtinseattle but that’s of course region specific and I’d ideally like to go fully remote. HN and LinkedIn are my best options? * if I’m making 300k at nonfaang, and don’t feel like doing these crazy ass LC interviews, is it even worth it to look? Or is 300k+ all LC?

All of the BuiltIn sites have a "remote only" and "nationwide" filter. I'm a security nerd, so infosec-jobs has been good for me. Linkedin also.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#463

Post by monkeybutton »

nerdponx wrote: post #450
monkeybutton wrote: post #140

Earlier quoted context omitted.

As someone that was educated in computer science and moved from software engineering to working in the data science world, I find applying to DS positions to be much harder and more painful than CS jobs. CS is easy: Do you know the languages they want, know some algorithms, are you familiar with the same tools and libraries, how's your experience working with people on big projects? DS: The field is so broad and so d…

The interviews and take-home tasks are all over the place as well. Some of them are pretty reasonable machine learning take-home tasks, but others range from Leetcode stuff to ridiculous 30-hour projects.

Even the potential audience of your work is all over the place. As a software engineer: your audience is the software's users. As a data scientist: Its the software's users, its the developers, its accountants in the finance department, its other researchers at a conference, its the general audience reading the corporate blog, its the marketing department, its whatever C-level executive looking at report. All of whom have vastly different needs and expectations.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#464

Post by weezin »

bittercynic wrote: post #319
warent wrote: post #92

Earlier quoted context omitted.

These days I just immediately turn those down without a second thought. It's a joke of an interviewing system and your time is way too valuable for that. Happy to do coding questions, but not 8 hour long take-home projects. Those have screwed me too many times

Could those long coding projects be a strategy to force you into sinking so much effort into the process that you're now in a weak negotiating position due to the sunk cost? I admit I'm speaking from ignorance here, and am only curious to gain more insight into this.

I felt like it was more of a way to see if you are willing to take on a large workload no questions asked when you are hired.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#465

Post by boring_twenties »

zz865 wrote: post #440
boring_twenties wrote: post #438

Earlier quoted context omitted.

Most people I know in the industry are making 200-250 base plus another 200-300 bonus. One just got an offer for 200 base + 150 bonus and that is to work 100% from home far away from NYC (for an NYC-based firm).

Nice, is that sell side or buy side?

The 350 remote work offer was from a sell side bank, most are at prop shops or hedge funds.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#466

Post by ddlutz »

What should one be looking for comp with 6 YoE @ FANG companies in Seattle area? I have a pretty good TC right now @ Google, almost solely due to stock appreciation (was on low end before). I have about 2 years left on my initial grant, and then expecting a massive dip. Is it worth it to switch now? Or wait till dip will hit in 2 years? I feel like it's better to wait and stay a a "sure thing".

Re: Employers bow to tech workers in hottest job market since the dot-com era

#467

Post by sombremesa »

gajjanag wrote: post #245
gavinray wrote: post #158

Earlier quoted context omitted.

Even in FAANG I have a hard time understanding how any developer is worth that amount of money though. I know a solid number of FAANG and ex-FAANG devs -- the stuff they work on (from what I've heard) isn't much different from the sorts of software I assume most people in SaaS startups work on. Outside of scale (which is significant). A lot of it is internal tooling though, which never hits absurd amounts of scale. I…

A developer is worth whatever the local market pays at the time to retain them. If you have a look at housing costs in the bay area/Seattle (close to work 2000 sq ft ~ 2 million US dollars), you will understand why anything below 200k makes almost no sense in these areas for an experienced dev, and why 400k+ is fairly common. I agree with you - hence why it is very hard for early stage startups to give meaningful off…

> it is very hard for early stage startups to give meaningful offers in the bay area.

This falls on deaf ears around here over and over, but worth mentioning that money isn’t the only “meaning” there is.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#468

Post by echelon »

thr1236 wrote: post #444
echelon wrote: post #213

Earlier quoted context omitted.

> I’m at $175k in central FL. For total comp that's really low. I'd expect that to be paired with RSU equity grants of $150 - $200k/yr. Any publicly listed "tech company" that isn't penny pinching like Amazon will probably offer similar rates. Maybe look for a tech company that is hiring remote? Negotiate a good total comp package if it isn't in line with what you see on glassdoor, etc.

So around $350k total comp, non FAANG, remote from FL. What are you basing those numbers on?

Source : my total comp as well as my coworkers and friends.

Just look around...

https://www.levels.fyi/company/Lyft/salaries/Software-Engine...

https://www.levels.fyi/company/Airbnb/salaries/Software-Engi...

https://www.levels.fyi/company/Twitter/salaries/Software-Eng...

https://www.levels.fyi/company/HBO/salaries/Software-Enginee...

Many of these are fully remote.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#470

Post by naveen99 »

tcbumperino wrote: post #83

Once you’re coasting in the 400-500k FAANG range, what’s the optimal move to get 700-800k+? Seems there are too many graybeards to get a Principal title. Better to switch to manager role? Or VP eng type at some startup and hope your stock hits? Or maybe VP at some non tech company?

Work on your own business ?
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