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Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

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Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#52
post #38

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

Show me another profession that can have such a dramatic impact on the bottom line where your work makes the company 100x-1000x your salary. If anything SWE are underpaid, we should be getting a slice of total business unit revenue. With my last job doing SWE for a bank, I know for a fact that my code saved the company hundreds of thousands dollars just from one project, and I know for a fact that some of my other co…

Well, you worked at a bank. Other than a few niche roles like algo trading, banks do not pay SWEs particularly well. Nor are they particularly well respected. You play second or third fiddle to the traders.

SWEs at FAANG and other top tier tech companies are at a completely different level of compensation. I don’t think they’re underpaid.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#53
post #39

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

Maybe in the US, but around the world it us usually just a decent job. The main problem is not the engineers being overpaid, is the rampant inequality that the west has been experiencing without anyone doing anything. The situation is crazy right now. Engineers are not overpaid. The other jobs should have a better pay, while the CEOs should be paid a lot less.

Heck, from my perspective other professions are highly underpaid. I know a couple of friends who work in healthcare as medical proffesionals (nurses, doctors etc), their wages (especially of nurses) are atrocious compared to the value to society they provide.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#54
post #33

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

I disagree about being overpaid. Similar to other professions - engineering and medicine for example - we have a career which requires a dedication to constant learning. We build systems which allow companies to generate billions in revenue and deserve a slice of the pie.

I wish these companies would generate fewer billions in revenue, choosing to make their businesses more beneficial to society as a whole instead of apparently focusing on maximizing profit. It seems like all parties involved could still be quite adequately compensated.

Unfortunately (in my opinion), that's not how it is. Given our reality, I think I agree with you that SWEs do deserve that slice of that pie. But I very much wish that more people placed greater priority on benefiting others/society instead.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#55
post #33

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

I disagree about being overpaid. Similar to other professions - engineering and medicine for example - we have a career which requires a dedication to constant learning. We build systems which allow companies to generate billions in revenue and deserve a slice of the pie.

But you have much lower education and time costs, no?

>In all, it takes about eight to ten years to become a professional engineer, depending on whether you decide to get a master's degree.

>Doctors must complete a four-year undergraduate program, along with four years in medical school and three to seven years in a residency program to learn the specialty they chose to pursue. In other words, it takes between 10 to 14 years to become a fully licensed doctor.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#56
post #33

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

I disagree about being overpaid. Similar to other professions - engineering and medicine for example - we have a career which requires a dedication to constant learning. We build systems which allow companies to generate billions in revenue and deserve a slice of the pie.

> we have a career which requires a dedication to constant learning

95% of that is chasing dumb fads, pop cultures, pointless shiny objects, technology fetishes

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#57
In comparison, Nadella is a bit above $50M which is gross underpay considering how Ballmer left the company. Nadella has been the best CEO in the past decade. In fact, you could argue that he’s the best investment manager in the past decade since MSFT is now a giant technology conglomerate. Better than Berkshire.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#59
post #9

Is $225M a lot for CEO of big corporation? I genuinely don't know. What is the average pay?

Tim Apple - 99M [1] Satya Nadella - 54M [2] [1] https://www1.salary.com/Tim-Cook-Salary-Bonus-Stock-Options-... [2] https://www1.salary.com/Satya-Nadella-Salary-Bonus-Stock-Opt...

Lol @ Tim Apple. For those who don't know, Trump called Tim Cook "Tim Apple" in a conference once.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#60

Earlier quoted context omitted.

People generally get paid the amount that it costs to find someone else to do their job¹ It is very easy to find someone else to be a "rater". Certainly easier than it is to find another software engineer You can argue SWE wages are inflated but comparing them to someone testing whether YouTube search returns the right results is inaccurate and feels disingenuous "Fairness" is a vague concept which nobody can agree o…

By that logic, Sundar's pay is completely justified, as well as the pay cuts for Software Engineers, as more and more people become software engineers every day and available pool of workers continues to increase.

You don’t think they could find a competent CEO for, say, $100M?
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