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

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181–190 of 345 posts

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

#181

Earlier quoted context omitted.

Thats odd. I know loads of lawyers living in mansions while loads of “highly paid” developers live with housemates, or rent tiny homes. If anything, software development pay has reached construction worker pay. At least we dont have to sit out in the cold.

Yep. More precisely, construction worker pay has reached software developer pay, outside of the SV world.

I think that's only true for the skilled trades and not the laborers or apprentices.

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

#182
post #117

Earlier quoted context omitted.

I read it. It just read to me like you do not like having to constantly learn new things. I do not need to be an expert at something new every month. I just have to learn enough to unblock high-value efforts no one else wants to take on. The problems that come up more often I get better at solving faster over time. Not all skills are even work related, but just challenging myself. Last month I learned to solve a Rubi…

Good for you. I am not in a field where being a "specialist" is being a generalist who sort of kind of gets to choose what he works on. Just to be employable I have to have strong, deep expertise in Terraform, about 30 AWS services, Ansible, Kubernetes, ArgoCD, and at least 5 different CI/CD systems. That's at all taken into account the sheer amount of architectural guidance, performance and fault debugging I Have to…

> Just to be employable I have to have strong, deep expertise in Terraform, about 30 AWS services, Ansible, Kubernetes, ArgoCD, and at least 5 different CI/CD systems

Couldn't you ramp up in another area of tech? There are many software engineering paths and jobs that don't require expertise in the things you mention.

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

#183

Earlier quoted context omitted.

So very wrong. $102k/year = DKK 759288/year = DKK 63274/month. Typing 63274 into https://hvormegetefterskat.dk (howmuchaftertax) says 40.2% tax rate. The you have to factor in $0 in health costs (gratis hospital and doctor visits), no payments for kids attending university, 32 weeks of paid maternal leave, and 5 weeks of mandatory holiday each year.

> The you have to factor in $0 in health costs (gratis hospital and doctor visits), no payments for kids attending university, 32 weeks of paid maternal leave, and 5 weeks of mandatory holiday each year. This sounds great if you're the type to have a family. Otherwise, seems like you kind of get screwed?

Only if you consider the pure $ value. US colleagues that have come to Australia, have gotten sick and um-ed and ah-ed about visiting the doctor because they are so used to the high costs.

If I even notice something weird that freaks me out I go to the doctor. Mental health care, physiotherapy, certain tests and imaging. You get a yearly allocation to use up. GP visits are all "free". I never have to worry about it and I don't want the less fortunate to worry about it either. I would never want to live in the US. I cannot imagine how much extra stress and anxiety I would have without that layer of support.

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

#184
post #75

Earlier quoted context omitted.

Not with that attitude. If you are healthy, have people skills, and are capable of learning new things regularly then you can generally make as much as you want in this industry.

I feel like this is toxic positivity. People can't just make as much as they want. There's always competition and other constraining factors. It's absolutely reasonable to say that you'll never make $220k (in 2022 $) as a dev when the median is $110k, regardless of one's attitude.

Remove TATA, now what is the median?

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

#185
Anon account. I've seen salaries continue to climb. My base salary over the last 4 years:

2022: $165k

2021: $150k

2020: $145k

2019: $135k

20 years experience, non-FAANG, no college degree, LCOL town about 90 minutes outside of Atlanta. I've been remote for 10+ years and only apply to companies that know I'm not willing to go into the office. I changed jobs in 2019 and 2022. I do front end .net work.

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

#186

Earlier quoted context omitted.

I have a cousin who makes $220k as a crane operator at a port. I'll never make that much in my career.

What is the qualify of life at work like for a crane operator? Do their mistakes cost immediate loss of life, possibly even for themself? Do they work evenings, nights, and weekends? Can they work from home, or move to a new country at a whim?

Exactly this. So many software engineers think it's an easy life in the trades or in the physical work. It pops up on here all the time, self-loathing SWEs come on in and say how terrible their manager is and how oppressive agile is. I'll be a crane operator!, they say. They make 220k! some guy told me that!

Then you tell them the realities of working in a trade. They have no seniority and get night turn. Then you tell them to make that money you need atleast 20+ hours of overtime a week. Oh, and if there's a union, you aren't getting that OT because someone with more seniority is getting it first. Then you tell them they'll be lifting and moving objects and their knees will be in significant pain by the time their 40. They'll be working in un-air conditioned facilities. That alone will eliminate most of them.

The fact is too these outliers always pop up on here. "I know a plumber that makes xxx,xxx!!!" but those are few and far between, many are business owners. The numbers don't lie. The median annual wage is 62,240 for crane operators. https://www.bls.gov/oes/current/oes537021.htm

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

#187

Going anon for this I grew up poor, got in trouble with the law at 18 - but was coding since I was 9, now I have been writing software for 20+ years professionally, no degree, and have never been able to clear more than 250k - moved from coding to mgmt but still cant break 250. I looked at changing companies to a FAANG but haven’t been able to dedicate the massive amount of time needed to prep for the algo whiteboard…

If you earn 250k and can’t buy a home, relocate, that sounds like a nightmare. I’m in France and up until last month I earned ~45k€. I bought my home 2 years ago.

I can’t imagine living somewhere where 250k is not enough to live, that’s insane. If you relocate you probably won’t make 250k, but your money might be worth something instead.

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

#188

Going anon for this I grew up poor, got in trouble with the law at 18 - but was coding since I was 9, now I have been writing software for 20+ years professionally, no degree, and have never been able to clear more than 250k - moved from coding to mgmt but still cant break 250. I looked at changing companies to a FAANG but haven’t been able to dedicate the massive amount of time needed to prep for the algo whiteboard…

When you say NY I assume you mean NYC.

If you want to buy a house you either need to live somewhere cheaper or make more money. $250k salary following a 3 rule is $750k should be enough to buy a house in NYC, it will not be in Manhattan. Staten Island, the not hip parts of Brooklyn, Queens, or going to the suburbs is where you need to go to make that possible. A lot of the people who buy houses in Manhattan and such are doing so with a combination of family money, or they are a double income couple where both are making $250k, or someone is just making a ton of money. If you want to go to big tech you need to do the grunt work of studying algorithms. The Finance places are probably going to be harder to get into with no degree, but depending on your infra skills it might be possible.

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

#189

Going anon for this I grew up poor, got in trouble with the law at 18 - but was coding since I was 9, now I have been writing software for 20+ years professionally, no degree, and have never been able to clear more than 250k - moved from coding to mgmt but still cant break 250. I looked at changing companies to a FAANG but haven’t been able to dedicate the massive amount of time needed to prep for the algo whiteboard…

Don’t study leetcode. If you want to work at FAANG, get some interviews with them. You may discover that you really didn’t need to spend days studying stuff that’s not relevant to your job. At the very least, you’ll get some interview practice and figure out what you do need to study. Those companies will let you interview again and again after a 6-12 month break.

Also, companies like Stripe and Airbnb also pay competitively with FAANG. There’s probably 15-20 biggish companies out there that would pay in the ballpark of what you’re looking for.

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

#190
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.

Sadly outside of FAANG this is not the case at all. Total compensation out of non-faang is: Salary + worthless stock option and maybe a 3% 401k match if they're more than 5 years old.

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