Live data from Hacker News

Ask HN: Have tech salaries been stagnant for the past decade?

news.ycombinator.com

1–10 of 345 posts

Ask HN: Have tech salaries been stagnant for the past decade?

#1
I keep reading "DevOps Engineers make $250k+ in San Francisco". Which parallel universe is this San Francisco in and how do I get there?

15 years ago, any job ads I looked at or any recruiters who spammed me with Sr Infrastructure/Systems engineering positions came with a $120k-$160k range.

Today for Sr DevOps positions the published ranges I see are ... you guessed it, $120k-$160k.

What gives?

Re: Ask HN: Have tech salaries been stagnant for the past decade?

#4
It’s TC (total compensation) that matters. Salaries haven’t changed a lot, but a lot of senior engineers at big companies are making 350k-400k a year total, most of which is stock. It vests every 6 months usually, in chunks of 50,70,100k. Usually there’s a bonus sometime in the year as well of anywhere from 15k-25k.

Re: Ask HN: Have tech salaries been stagnant for the past decade?

#5
post #4

It’s TC (total compensation) that matters. Salaries haven’t changed a lot, but a lot of senior engineers at big companies are making 350k-400k a year total, most of which is stock. It vests every 6 months usually, in chunks of 50,70,100k. Usually there’s a bonus sometime in the year as well of anywhere from 15k-25k.

I would say that cash+RSUs is what matters, pre-IPO companies usually offers options which should be values differently.

Re: Ask HN: Have tech salaries been stagnant for the past decade?

#8
I'm just a midwesterner, but I'd say it all depends.

Some startups just don't have the money to throw around where they can list a position over 150k.

For companies that do have that money, they change the title - I do a lot of DevOps but I am a Solution Architect. Some companies have Platform Architect role(s). Edit: and everyone needs experienced Site Reliability Engineers

For many non-tech companies, in-house salaries might be pegged low but then they hire contractors which can command high rates, perhaps billing as much as $200/hr (granted, a cut comes out of that). Also these contractors can conceivably be handling more than 1 client.

Re: Ask HN: Have tech salaries been stagnant for the past decade?

#9
European permanent salaries have been coming down. UK contractors take home less now than they did 5 years ago due to taxation changes (IR35).

The tax changes have also made the market a bit strange where rates are still advertised at £500 a day even though, contractor takes home significantly less money. These have not gone up inline.

Re: Ask HN: Have tech salaries been stagnant for the past decade?

#10

European permanent salaries have been coming down. UK contractors take home less now than they did 5 years ago due to taxation changes (IR35). The tax changes have also made the market a bit strange where rates are still advertised at £500 a day even though, contractor takes home significantly less money. These have not gone up inline.

* dishonest and ethically corrupt contractors now take home less thanks to IR35.

for the rest of us, it was a non-event.

Post reply on HN