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Startups Are Scooping Up Big Tech’s Cast-Off Workers

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Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#251

Post by xur17 »

missedthecue wrote: post #230
sharemywin wrote: post #228

Earlier quoted context omitted.

but it's all connected. - cities designed around cars - bad worker protection laws - corporate welfare first before human welfare - monopolies driving up prices.

US cities were based around cars in 1990. But today, the thinnest state (Colorado) is heavier on average than the fattest state in 1990 (Mississippi, also today's national leader) Walking is obviously better than not walking, but something other than cars is to blame for the ballooning of the American public. 75% of America is either overweight or obese right now. That alone puts you at risk for about a million healt…

> 75% of America is either overweight or obese right now.

Do you have a citation for that? I'm seeing numbers closer to 30% (which is still bad).

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#252

Post by prottog »

dghlsakjg wrote: post #245
prottog wrote: post #224

Earlier quoted context omitted.

The vast majority of those gun homicides are inner-city gang-on-gang shootings, which is easy to avoid as a white-collar software engineer.

Citation? Numbers? What do you mean by "vast majority" and "gang-on-gang"?

There is no great source on the details across the nation, but there are a hodgepodge of municipal-level studies that shed a light.

There were roughly 20k gun homicides in the US in 2021[0]. It's been fluctuating between 10k and 20k over the past five decades or so, with the last few years seeing a quick increase and seeing a (hopefully) local peak in rates.

In one study in San Francisco, ~70% of gun homicide victims had a criminal record, and three quarters of that figure knew the suspect[1]. A similar study in Milwaukee found that ~90% of both victims and suspects of gun homicides had a criminal record[2], and the top two reasons identified of the circumstances behind the homicide were arguments/fights and robberies. There are other studies done at local levels in many other places with similar results.

A DOJ study notes that three quarters of all gun homicides were during the commission of a (different) felony[3]. And you can query the CDC WONDER mortality database[4] yourself to see that gun homicide rates in "large central metro" areas are twice as high as those in medium, small, or non-metro areas, and that men 15-34 years of age comprise the majority of gun homicide victims.

So, perhaps my "gang-on-gang" statement wasn't really accurate (since a "gang-related" incident is loosely defined), and I'll leave the "vast majority" determination to you; but the point is that most gun homicides occur among the "criminal element" in "bad parts of town", and is not really relevant to life as a software engineer.

[0]: https://www.pewresearch.org/short-reads/2023/04/26/what-the-...

[1]: https://www.sfdph.org/dph/files/reports/StudiesData/Firearms...

[2]: https://www.mcw.edu/-/media/MCW/Departments/Epidemiology/MHR...

[3]: https://bjs.ojp.gov/content/pub/pdf/htus8008.pdf

[4]: https://wonder.cdc.gov/mcd.html

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#253

Post by BeFlatXIII »

nicenewtemp84 wrote: post #103
miiiiiike wrote: post #10

If it's anything like 2011-2015 these former-FAANG employee heavy startups are going to be desiccated once FAANG decides to start hoarding talent again.

If you let your bottom 20% performers go, what are the odds you'll want them back?

What are the odds that it was actually the bottom 20% and not the bottom 5% plus 15% de facto random selection?

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#254

Post by pb7 »

zzzeek wrote: post #98
_vbnz wrote: post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

[flagged]

Come on over to Europe. Don't forget your stabproof vest, your riot gear, and blankets because we have no heating.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#255

Post by iancmceachern »

missedthecue wrote: post #227
prottog wrote: post #222

Earlier quoted context omitted.

The difference between $200k and $80k soothes the ache of that $7204 quite nicely, I suppose.

This is the big thing. The bigger salary more than covers the difference. And it's not just tech. Nurses in the UK make 25,000 pounds per year, nurses in the US make $85k or more. I would rather have the higher salary with student loans, my own health insurance, and no subsidized childcare than make 25K GBP (at a higher tax rate!)

Exactly, it's not unheard of for police officers to make up to 300k a year, including overtime, here in the bay area. Starting pay for many "regular" jobs is well over 6 figures here

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#256

Post by prottog »

oh_sigh wrote: post #203
boc wrote: post #135

Earlier quoted context omitted.

You’re paying for healthcare at a tech company? Usually your company provides this as a benefit. Same for commuter subsidies.

I've never heard of any big tech co fully subsidizing healthcare. I pay ~$160/week between health/vision/dental

If you subtract $8320/year from a big tech salary, I'd wager you'll still find yourself quite handsomely compensated.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#257

Post by iancmceachern »

water554 wrote: post #198
lghh wrote: post #159

Earlier quoted context omitted.

Even with best-in-class health insurance in the US, one "gotcha" leaves you with an unpayable bill. Usually, your company provides health insurance. Health insurance != health care. Larger companies (I assume this translates to tech) will also usually have a clinic on-site for smaller things and it's heavily subsidized or free. None of this prevents you from 6-figure debt for something like a difficult, but largely b…

Most insurance plans have an out of pocket maximum, no?

Yes, but it can be tens of thousands in many cases, and it does not cover many things that it should, insurance companies put deliberate effort into screwing people put of their claims.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#258

Post by iancmceachern »

Eumenes wrote: post #233
oh_sigh wrote: post #203

Earlier quoted context omitted.

I've never heard of any big tech co fully subsidizing healthcare. I pay ~$160/week between health/vision/dental

Many companies pay 100% of premium costs for you and your dependents

Many don't also

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#259

Post by oh_sigh »

Eumenes wrote: post #233
oh_sigh wrote: post #203

Earlier quoted context omitted.

I've never heard of any big tech co fully subsidizing healthcare. I pay ~$160/week between health/vision/dental

Many companies pay 100% of premium costs for you and your dependents

I can only speak from experience - I've worked at 3/5 FAANGs and none of them did

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#260

Post by oh_sigh »

ghaff wrote: post #243
ProfessorLayton wrote: post #216

Earlier quoted context omitted.

Is $160/week just for your coverage? I've worked at small startups and medium sized public companies, and my healthcare coverage costs have been far less than that.

I can believe that for a good family plan. But that's probably more than you'd pay without a subsidy for a pretty good individual plan.

Correct - I should have mentioned that is for 4 people(total) covered
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