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

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

#331
post #7

In Europe they've probably gone down the past decade I'd say.

Oof, European salaries are absurdly low. When I first left the USA I was thinking "OK I'll get a nice job in Amsterdam or Denmark" .. Then I saw the cost of living and the low salaries, and waved away that dream.

I know many devs who abandoned the 'high quality of life' of Western Europe for higher pay elsewhere. It is really not all that glamorous to be a dev here.

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

#332
post #58

Earlier quoted context omitted.

> it's quite grim to live in Western Europe on regular dev salary No it's not. We still earn above average and (very) generally life in Europe are not grim.

it is not grim but getting a family-home with a dev salary is out of the picture for many western europeans. it wasn't the case one generation ago. american dev can definitly afford a house even in HCOL cities. for a similar job at AWS or Google you getting 550k+ in NYC vs 200k in London or Paris. just looking at real estate (which is number 1 cost) it is worth moving to NYC. just to give you an idea: MIDTOWN next to…

Man, every time I think I'm doing well, it turns out I'm making way less than I could be.. I'm apparently getting a crappy deal making $300k TC in the Bay Area with 14 years of experience

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

#333

Earlier quoted context omitted.

This is all a "you" problem. You have made the choice to work in shitty startups, you have made the choice to work 60 hours per week, and you have made the choice to accept jobs that would pay you below market rate. Being a bitter old man is not the attitude problem mentioned here, being someone that refuses to see that their unsatisfactory situation is 100% due to their own actions (or rather, lack of action) is you…

I would rather have a garbage resume, than be a garbage human being like yourself.

Ok but then don't come complaining that your salary is stagnant and that you were unemployed for 90% of the past 3 years. It is your own doing.

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

#334

Earlier quoted context omitted.

I would rather have a garbage resume, than be a garbage human being like yourself.

Ok but then don't come complaining that your salary is stagnant and that you were unemployed for 90% of the past 3 years. It is your own doing.

I'll do whatever I damn well please.

People like you are why San Franciscan locals like myself hate techies.

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

#335
post #210

Earlier quoted context omitted.

They probably have a rich, well connected daddy. For normal people, $250k is probably as high as you can possibly go. I also have experience with distributed systems, worked 80 hours a week for 10 years straight and built several popular open source projects and I can't get past $80k... Almost feels like a conspiracy against me at this stage but I suspect it just comes down to not having a rich daddy who is connected…

> Almost feels like a conspiracy against me at this stage but I suspect it just comes down to not having a rich daddy who is connected to politicians and corporate execs. I don't know where you live but there is no way this is the case. 80k is less than starting salaries for new grads. Maybe you meant 180k? In which case, that's still around the level for a second level employee at a big company (a few years of exper…

I recently applied to a job at a well known company which offered $160k. The interview process was going perfectly I aced every stage of the process both in terms of tech skills and communication/people skills then got to the final stage which involved talking to the director of engineering. I assumed that was just a formality and it was a done deal... But surprise, the director didn't even show up to the interview, instead I got someone else and they interviewed me. I thought it went perfectly, I was able to answer every question without issue and demonstrate my knowledge... Then after over 1 week with no response, I send them an email to ask about next steps and I get an email back saying that "Unfortunately, another candidate has been chosen"... But the thing is, I know that they had multiple positions available and we had even discussed multiple options and they saw me as a potential fit for multiple different teams.

This is just one story I have among many. My resume is stellar, my communication skills are great, the interviewers always seem impressed while I'm taking to them, my colleagues always treat me with respect wherever I go... But somehow all these weird things happen to me whenever I deal with big corporations or startups backed by big VCs.

Ironically, before that, I had an experience on the other side interviewing candidates at my previous company but somehow none of the really good candidates which I recommended got in. Instead, they hired only mediocre developers.

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

#336

Earlier quoted context omitted.

They probably have a rich, well connected daddy. For normal people, $250k is probably as high as you can possibly go. I also have experience with distributed systems, worked 80 hours a week for 10 years straight and built several popular open source projects and I can't get past $80k... Almost feels like a conspiracy against me at this stage but I suspect it just comes down to not having a rich daddy who is connected…

It honestly seems like you have an attitude problem.

Of course now I have since developed an attitude problem in my personal life. Though it doesn't show up in my professional life. What kind of person would go through what I've been through and not develop an attitude problem?

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

#337

Earlier quoted context omitted.

> This isn't really a problem with IR35 in principle though. It is, because the situation would have not happened before the changes. Basically now, thanks to the legislation, the client has the power to force a legitimate business into employment. If you are not a skilled worker you don't have any position to bargain, so it's umbrella or nothing. > it can't be normal for them to go after someone who honestly believe…

Basically now, thanks to the legislation, the client has the power to force a legitimate business into employment. But clients always had the option to do that. They could just decide not to work with contractors and only hire permanent staff instead. In fact that is the alternative that many of the biggest companies apparently decided to choose after the IR35 changes came into effect instead of adopting some kind of…

> seen as a tax dodger they really should contact their MP.

Actually the parliamentary group that also deals with Loan Charge scandal is aware of the problem of umbrella companies pulling fraud with impunity. They called for a reform, highlighted the issues to no avail. HMRC is dead set on this to continue. There is nothing one can do. After all who cares about some care worker getting screwed, she should have known better...

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

#338

I suspect that most of the extra cash reported by people is stock, which was dependent on massive QE injected by the world's central banks and really low interest rates making future revenues more attractive.

Being able to give out $100k+ RSUs probably had something to do with record breaking profits and growth quarter after quarter for 10+ years. The government reducing the purchasing power of the currency is certainly needed for the nominal figures, but so are the stellar bottom lines relative to other businesses.

Sure, but I don't think MAGMA really intended their 150k grants in 2012 to be worth 600k. This stock price inflation was definitely driven by super low interest rates, hence my point.

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

#339

No. FAANG and their wannabe competitors started paying more over the past 15 years. But all other tech jobs have been stagnant that’s correct. It’s because companies view engineers as code monkeys. And they’re right for the most part because that’s how our profession behaves. Unfortunately you take a group of smart (sort of) people with below average social skills, and they WILL get exploited to the max. Even FAANG u…

>Unfortunately you take a group of smart (sort of) people with below average social skills, and they WILL get exploited to the max.

Yep, the average engineer including the mediocre ones are often leagues above your average white collar worker in terms of hard skill, but sorely lack (collective) social skills.

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

#340

Earlier quoted context omitted.

>US tech salaries are good for only one reason, the largest tech companies went the path of public stock valuations and paid employees with stock. That's a reason for first-generation employees to get paid highly, not a reason to continue to pay that highly to new employees joining today. The real determinants of tech company salaries are the same old boring ones that govern salaries in most lightly regulated industr…

Can you please define the difference between average and marginal productivity?

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