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How Silicon Valley CEOs conspired to drive down tech engineer wages

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Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#71
I remember reading that these pacts don't apply if an employee initiates contact with another company.

Seems like that would be the best way to get salaries closer to market rates - simply be proactive and always talk to other companies and get your company to increase your salary to stay.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#72
post #24

Jobs' comments: >OK, I’ll tell our recruiters they are free to approach any Adobe employee who is not a Sr. Director or VP. Am I understanding your position correctly? >if you [Brin] hire a single one of these people that means war. Chizen's comment: >if I tell Steve [Jobs] it’s open season (other than senior managers), he will deliberately poach Adobe just to prove a point. Knowing Steve, he will go after some of ou…

This is where he crosses the asshole line over to scumbag and crook territory. I say this as someone who respects Jobs deeply for his product vision.

Is this the first negative thing you've read about him? None of them are flattering at all, and most of them are at the scumbag/crook level.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#73
post #62

Earlier quoted context omitted.

The lawyers and doctors who get paid a whole lot are partners in a firm. It's not much different than founding a tech company.

Not really. A competent freelance developer in the valley will make $150-200/h. A competent lawyer (not a partner) in the valley will make $350+/h.

Interesting. Is that entirely comparable? The lawyer is equivalently a lone freelancer, not part of a specialized organization? The comparable developer would be part of a boutique consultancy.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#74

Earlier quoted context omitted.

The lawyers and doctors who get paid a whole lot are partners in a firm. It's not much different than founding a tech company.

The difference being that you don't necessarily have to take the enormous risk of founding a company in order to become a partner in a law firm. Is there a similar career path for engineers in any tech company that is the equivalent of "making partner" in a law firm? Genuinely curious.

That all depends on whether you think a tech company that has the business model of a law firm is still a tech company. Silicon Valley does like hits.

On the other hand, have you asked any newly minted lawyers about their "career path" recently?

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#75
post #27
post #8

It may be that the consequences of the 'conspiracy' was to depress wages, and it should clearly be prosecuted if the legal case can be made. However does anyone think that this was the intention behind these agreements? Isn't it more likely that they wanted to stop an insane war on one another's businesses by buying off key employees to disrupt one another's operations? It would seem as though companies with a giant…

The solution here is the same as the solution when Zuckerberg complained about employees leaving their jobs too quickly[1]: Pay your employees more. Figure out what kind of value they bring, and the amount of cost if they were to leave, and adjust their wages accordingly. Make no mistake about it, the ultimate goal of stifling competition is to depress wages. While maybe described as "disrupting operation", it is rea…

You missed my point. The cost of losing a particular employee at a particular point in time can be far greater than the individual contribution they will ever make. That cost is transient because it depends on the state of a particular project. The value of the employee becomes the value of disrupting the project to the competitor. Matching the offer would be an option, but it would cause massive distortion within the company since the retained employee wouldn't be contributing that much more than their colleagues.

I don't see any justification for your statement that better products would result from this.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#76

The typical response I hear to the idea of more widespread labor unions or AMA-like professional associations for programmers and network/systems/storage/database administrators is that if someone is really talented, they can negotiate a good salary, and that labor organizing together would just protect the lazy and the slackers. You hear this same thing when someone is lowballed a salary number, or has to put up wit…

As a H1-B myself, I think I'm pretty much a modern-day slave without the physical shackles. I hate going back to my home country and I love the intellectual, rational environment here. But I'm stuck with my current company until I get a green card which isn't bound to happen in the foreseeable future. I read his book on this and I agree with one of Matloff's points that H1-B should be solely for talent and I also agree with the reforms he suggests that there should be laws against exploiting them (ex: don't imprison them with the whole green card ruse which could take 6-8 yrs for some countries).

However, I disagree with his generalization that H1-Bs are talentless compared to Americans (Just look at Goog). And that somehow they're paid lower wages. All big companies (MSFT, FB, GOOG) pay H1-B candidates the same salaries as their American counterparts. And they all go through the same interview process. Personally, I went to a top 20 uni here and paid $100k in tuition alone. It is true that bringing more talented H1-Bs will drive down wages, but isn't that a competitive advantage ?(None of the European companies have this advantage really and I think it's one of the main reasons for the valley's growth.)

What we need to rectify is fraud of H1-Bs. Come up with a white list of companies that can use H1-Bs and make sure there's no cheap, talent less labor. Don't let body-shopping, consulting and outsourcing companies like Infosys, Wipro be issued H1-Bs. Most people in the operations group running our service for instance are on H1-B and frankly, the work they do can be done by any average American working at a BK/McDonalds. The pie that outsourcing companies are eating into is really a gold mine that should be used to expand the American middle class. But the outsourcing companies themselves seem to have powerful lobbying in place (NASSCOM). So it is a hard problem.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#77
post #49
post #12

[deleted]

To anyone just starting their tech career in the US, pay attention to the parent comment. Edit: parent deleted the comment, so here it is: (I sincerely hope the parent is not getting hauled off in handcuffs as we speak.) As a former Intel engineer the only thing that surprised me is how high up these abuses went. These companies and their leaders are scum to the highest degree. Between refusing to consider american c…

> The real surprise is that Google joined them.

They've acquired a company that builds military robots [1]. I think it's safe to say their sense of ethics is all but gone. The only question here is when exactly they became "evil" (in their own terms).

[1]: http://www.businessweek.com/articles/2013-12-16/google-just-...

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#78
post #8

It may be that the consequences of the 'conspiracy' was to depress wages, and it should clearly be prosecuted if the legal case can be made. However does anyone think that this was the intention behind these agreements? Isn't it more likely that they wanted to stop an insane war on one another's businesses by buying off key employees to disrupt one another's operations? It would seem as though companies with a giant…

I think the intention behind these agreements was to stop Steve Jobs throwing a pile of burning crap at your house. It's like sweet valley Fortune 500.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#79
post #49

Earlier quoted context omitted.

To anyone just starting their tech career in the US, pay attention to the parent comment. Edit: parent deleted the comment, so here it is: (I sincerely hope the parent is not getting hauled off in handcuffs as we speak.) As a former Intel engineer the only thing that surprised me is how high up these abuses went. These companies and their leaders are scum to the highest degree. Between refusing to consider american c…

> The real surprise is that Google joined them. They've acquired a company that builds military robots [1]. I think it's safe to say their sense of ethics is all but gone. The only question here is when exactly they became "evil" (in their own terms). [1]: http://www.businessweek.com/articles/2013-12-16/google-just-...

:) Well yeah, but though you and I aren't exactly dying of shock, word seems to spread slowly about what Google is like now.

Re: How Silicon Valley CEOs conspired to drive down tech engineer wages

#80
post #47

What astounds me by all this is the idea that the HR people in all these companies seemed to have no issues with going along with these highly illegal schemes. Must make for an interesting work environment to know that your HR people were willing to screw you over for little or no personal gain.

There's a couple of examples of them getting fired for not going along with it. I don't think "following instructions so as to keep your job" is as bad as "willing to screw you over".
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