Tech workers demand high salaries despite hiring slowdown • Hacker News Board

Re: Tech workers demand high salaries despite hiring slowdown

#101

Post by meiraleal » Sun, Sep 17, 2023, 11:41 PM UTC

totallywrong wrote: post #71

0xDEF wrote: post #63

Earlier quoted context omitted.

Any source for that claim?

By simple observation, average single-income households were able to own a home and raise a family back then.

But they couldn't have a top notch smartphone or a computer that is as fast as server the size of whole buildings.

Although most people want to buy a house, given a smartphone and a rent or a house but living with no smartphone or internet, I think most people would choose pay rent and have access to internet and a smartphone.

Re: Tech workers demand high salaries despite hiring slowdown

#102

Post by zapataband1 » Mon, Sep 18, 2023, 1:21 AM UTC

zerr wrote: post #70

Because most of us can afford to be funemployed indefinitely.

not me

Re: Tech workers demand high salaries despite hiring slowdown

#103

Post by netbioserror » Wed, Sep 20, 2023, 2:13 PM UTC

The covid money printing, followed by inflation-hedge dumping into stocks, followed by staggeringly high trillion-dollar valuations led to this. Realistic software dev salaries are not what the tech giants were paying.

Re: Tech workers demand high salaries despite hiring slowdown

#104

Post by notsurenymore » Wed, Sep 20, 2023, 2:23 PM UTC

rngname22 wrote: post #34

candiddevmike wrote: post #8

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.

I think you need to look outside traditional tech industry and instead look at industries where the code is a legacy behemoth or a cost center but still critical. A trucking company that uses code for planning and routing. The software that a federal agency uses to manage its workforce. A local or regional bank that has a lot of java written in the 90s that it needs bug fixing for.

Eh, I’m a mid level dev, and have worked for those sorts of companies in the past, but even they won’t hire me anymore. I’m not sure if they filled all their open roles off the layoff or what.

For example I used to work for a F500 retail company prior to and during the pandemic. They had a surprisingly large development department and has tons of jobs available prior to 2020. I was able to get in via a cold application and a seamless interview experience. More recently, I’ve tried going back and they barely have any non lead roles, and I tend to get screened out of the few roles they do post. I even got referrals from some senior people at companies like who think I’d get a good fit only to get screened out because the recruiter/hiring manager doesn’t like that I can’t check off their alphabet soup checklist. Should have spent my career doing resume driven development.

Re: Tech workers demand high salaries despite hiring slowdown

#105

Post by hackermeows » Sun, Sep 24, 2023, 4:51 AM UTC

jethro_tell wrote: post #73

0xDEF wrote: post #30

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.

Well, part of the deal for a lot of these salaries is that you work more hours than the EU allows.

And you can fire people more easily in usa