I think I know why you can't hire engineers right now
91–100 of 927 posts
Re: I think I know why you can't hire engineers right now
#92Re: I think I know why you can't hire engineers right now
#93Earlier quoted context omitted.
> Cool stuff don’t pay bills. I'm very much on board with this. I put stability and money on about the same pedestal and is why I still work where I do after many years for a salary that is fantastic for 90% of the country but is "merely average" for Seattle. Working for a rock solid medium-sized that's been in existence for a hundred years and funded by a stable endowment and a pile of public service contracts and h…
How are the long term employment prospects for today’s SpaceX engineers?
Re: I think I know why you can't hire engineers right now
#94Earlier quoted context omitted.
The absolute value of your salary doesn't tell you anything about how long it takes to get to retirement (or more accurately, financial independence). That's exclusively a function of your spending and saving rates. https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...
Salary is the absolute ceiling for savings rate, so I'd say it's a big factor.
Re: I think I know why you can't hire engineers right now
#95I’ve gotten 7 recruitment emails since Sunday and none of them have come close to sufficiently explaining what the company or job is for me to even consider responding. It’s bizarre how secretive they are. I imagine the recruiters are looking out for their own interests. Recruiters are in the way.
I actually had a recuiter get angry at me recently for asking them for a basic job description and salary after their cold email had literally zero information other than the expectation I'd set up a call with them for a "very competitive role". Like, I just don't understand the audacity of most of them. Especially when almost invariably their competitive pay is 30% of what even base level fangs would offer. Its a co…
One of the most accurate descriptions I’ve ever read about it is “Don’t feed the beast - the great tech recruiter infestation” [1 - though an archive since the original has been taken down].
[1]: https://gist.github.com/CumpsD/696599d1bd4cd472a056586967293...
Re: I think I know why you can't hire engineers right now
#96Purely anecdotal: In my experience as a hiring manager seeing trends change over the past 10 years, and selecting from the top 10% of candidates by some vague metric, it's primarily about "does it pay a lot" and secondarily "does it offer full-remote"? A lot of my friends, former colleagues, and candidates I've failed to hire end up going to either a FAANG or a very successful brand-name company (typically a SV compa…
I worked my normal week and 1/1-1/2. Now I'm officially on call for the next 7 days. I'm a midlevel with 10 years experience making under $100k. Fml
Re: I think I know why you can't hire engineers right now
#97Earlier quoted context omitted.
"that can get them retired easily by their mid 30s" Maybe a small subset. The median dev salary is $110k. So no, only a very small number are able to retire in their 30s.
The absolute value of your salary doesn't tell you anything about how long it takes to get to retirement (or more accurately, financial independence). That's exclusively a function of your spending and saving rates. https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...
The article you link to obviously makes it sound like it's an exclusive function. But it simply dismisses the fact that not everyone can reasonably sustain the savings rates mentioned.
Sure, there's reports of very motivated people that live on next to nothing and have a huge savings rate for the first 10 years of their working life, abstaining from everything including having a family and such. For the vast majority of people this is not something they can achieve and that is not taken into account by the 'simple math'.
I would agree with the author that having Starbucks coffee twice a day is not worth retiring later. I'd even give him Cable TV. But I'm not going to live like a hermit. Different people are on different places of this gradient. If I increase my take home pay, I can stay on the same savings rate as before and retire earlier (assuming that I don't want to make a certain percentage of my last pay during retirement and instead have a fixed goal for my retirement income).
Re: I think I know why you can't hire engineers right now
#98Re: I think I know why you can't hire engineers right now
#99Earlier quoted context omitted.
The absolute value of your salary doesn't tell you anything about how long it takes to get to retirement (or more accurately, financial independence). That's exclusively a function of your spending and saving rates. https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...
Simple is not easy. The vast majority of people like to spend. Who can blame them? You can take your money to your grave, but what use is it then?
I for one don't want to live in a society that exclusively prioritizes now and doesn't sacrifice anything to plan for the future.
"A society grows great when old men plant trees in whose shade they know they shall never sit."
Re: I think I know why you can't hire engineers right now
#100Purely anecdotal: In my experience as a hiring manager seeing trends change over the past 10 years, and selecting from the top 10% of candidates by some vague metric, it's primarily about "does it pay a lot" and secondarily "does it offer full-remote"? A lot of my friends, former colleagues, and candidates I've failed to hire end up going to either a FAANG or a very successful brand-name company (typically a SV compa…
On the flip side, dissatisfaction about engineering work conditions at AMZN (the notorious PIP culture) is a rising deterrent.