31–40 of 105 posts
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…
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.
And you'll possibly even get talent that is willing to work for your intended price. Good luck.
If we had, that would indicate their price was reasonable and that we needed to change our salary ranges.
I've been casually looking for opportunities on linkedin, and for many of the roles I consider applying to there's >100 applicants according to the linkedin listing. That strikes me as exceptionally high vs. past years when I was shopping around.
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.
Not just tech workers. 24 year old non-technical product managers at FAANG companies are demanding $190,000 salaries. 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.
Devs are also the sort who can and will work for themselves or small companies. There's no leverage by employers - we can leave and work anywhere, or for ourselves, even in the current climate.
Another reality workers in all industries are starting to believe: all of us, especially the working class, deserve the fruits of our labor.
tech workers deserve higher salaries. companies just don't want to pay it. they want you to make as little as possible
> tech workers deserve higher salaries. That's a loaded statement. Salaries are set based on market conditions.