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> Their demands come even as wage inflation appears to have hit a peaked, the report said. Does this reference a tech sector-specific wage inflation?
It’s literally propaganda.
I've found the issue isnt high performing engineers, they're gonna get paid. The issue is middling engineers and junior engineers where before they would expect a 130k-150k salary in a tier 1 city, those offers are gone.
I don't know how the folks just starting out are finding jobs. Seems like no one wants to hire juniors anymore unless it's for pennies and they can work you to the bone.
tech workers deserve higher salaries. companies just don't want to pay it. they want you to make as little as possible
That's a loaded statement. Salaries are set based on market conditions.
I've found the issue isnt high performing engineers, they're gonna get paid. The issue is middling engineers and junior engineers where before they would expect a 130k-150k salary in a tier 1 city, those offers are gone.
I don't know how the folks just starting out are finding jobs. Seems like no one wants to hire juniors anymore unless it's for pennies and they can work you to the bone.
The number of two-years-of-experience engineers with middling React skills who are demanding a six figure salary, plus additional comp, continues to astound me. I stopped making reasonable offers to them. It was always a waste of time. We just move on now.
At least in Europe the companies have huge issues finding enough suitable junior engineers, because there are less and less young people. At some point more engineers will retire per year than young ones entering the job market. It looks like the traditionally low salaries for SW engineers in Europe are finally growing a bit.
That strikes me as exceptionally high vs. past years when I was shopping around.
Earlier quoted context omitted.
I don't know how the folks just starting out are finding jobs. Seems like no one wants to hire juniors anymore unless it's for pennies and they can work you to the bone.
By never saying you are a junior. Some people figure it out. Contract, make an LLC for more contracting, call that LLC experience, interview as senior engineer.
Meanwhile: "In November, Jay Powell, the chair of the Federal Reserve, said the labour force was 3.5mn workers shy of pre-pandemic forecasts. He said 2mn of the shortfall could be due to more people retiring early." and "Long-term demand for tech talent is not expected to abate. Based on its digital ambitions the EU alone wants 20mn technology specialists, which compares with the 9mn it had in 2021."[1] Seems like th…
As a European I wish more FAANG companies started hiring software engineers remotely. The only American companies that have offered me remote jobs with FAANG tier salaries were cryptobro startups.