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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

#321
post #26

Engineers should make more money than what they are making now. The largest number I heard lately is $240k for a data scientist from Apple. That's too low! That person can make Siri better and make millions for Apple. Why aren't we getting paid like lawyers? If they win $20M they will get paid at least $2M. But if we make a product that generates $20M profit, at best we get $20K bonus. This has to change!

agreed, I'm trying to get out of engineering for this reason. I can make 3.6 million bonus on wallstreet, why waste my time here.

Because working in tech, you can add value to society rather than leeching off of it in spectacular fashion?

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

#322
post #86

Earlier quoted context omitted.

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 agr…

It's not that H1-B's get paid less than other workers, it is that by having more people available to do the same job it decreases the pay for all people doing said job. That's how the logic would appear to work, supply and demand, etc.

That's what I was alluding to in the second paragraph.

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

#323

I don't really feel sorry for the employees. There's this fascination between geeks to work at one of these "prestigious" companies, Google, Microsoft, Apple, etc. yet at the end of they day you are burning all your time, effort, essentially your life, to make a few guys rich. They pay you enough to keep you happy, give you a few "interesting" problems to work on if you're lucky, maybe a couple of perks at the office…

That's pretty pessimistic. Sometimes there actually are interesting problems at those companies. Larger companies can also offer benefits that aren't available at some other companies-- sometimes security, sometimes work-life balance, greater access to resources or talented people. Not everyone's tradeoffs will be the same when evaluating where to work or what to do.

And in the end, pretty much everyone is working for someone to "make a few guys rich". Unless you're a completely self-funded founder or investor.

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

#325
post #147
post #24

Earlier quoted context omitted.

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.

This whole episode is pretty depressing. But, it's far better for people to live without illusions about the nature of their bosses, etc. At the risk of a hundred downvotes, I wonder how many people can see the parallels in the current silicon valley push for "immigration reform." Having watched H1B farms style companies up close and personal, I can say there is very little to recommend about this model of employment…

Conversely, it raises the wages of non-USA-ians.

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

#326
post #321

Earlier quoted context omitted.

agreed, I'm trying to get out of engineering for this reason. I can make 3.6 million bonus on wallstreet, why waste my time here.

Because working in tech, you can add value to society rather than leeching off of it in spectacular fashion?

Arguably, he could use his wall street money to pay a more altruistic developer to add value to society, while he enjoys his money.

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

#327

Earlier quoted context omitted.

The H1B issue is absolutely about providing cheap, endentured labour: visa holders are tied to their sponsoring employer and must appeal to be allowed to seek other employment. Norm Matloff of UC Davis has literally been trying to expose this for decades, with little luck: http://www.cs.ucdavis.edu/~matloff/h1b.html http://www.cs.ucdavis.edu/~matloff/h1b10min.html Moreover: this is entirely consistent with behavior o…

>The H1B issue is absolutely about providing cheap, endentured labour: visa holders are tied to their sponsoring employer and must appeal to be allowed to seek other employment This is plain wrong. You can very easily shift and people do shift. You just interview with a different company, just like a citizen would.

I think you're being a bit unrealistic about how people behave. The H1B does give a lot of extra market power to employers because it means the employee has a lot to lose if things go wrong. The threat of being fired carries with it a much greater weight than for regular citizens. Sure, the employee can interview for another job and applying for a transfer is not a difficult process. But, even with another job, the threat of being fired is still a huge pressure. Plus, there's still a risk that the employer will find out they are looking for another job before they find one. Also, employees are unlikely to complain or make requests, since rocking the boat could get them fired and sent home. Most people are not risk takers and are not confident at being able to hide things.

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

#328
post #147
post #24

Earlier quoted context omitted.

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.

This whole episode is pretty depressing. But, it's far better for people to live without illusions about the nature of their bosses, etc. At the risk of a hundred downvotes, I wonder how many people can see the parallels in the current silicon valley push for "immigration reform." Having watched H1B farms style companies up close and personal, I can say there is very little to recommend about this model of employment…

Immigration reform is fine but it needs to be balanced by restraints on corporate power to do things like wage theft.

What I'd like to see is things like a complete national abolishment of non-compete agreements as a rider on Immigration Reform.

Conspiring to keep out immigrants is interesting (who doesn't want to pull the ladder up after we're safe), but it if we're honest with ourselves it's not appealing to our better nature.

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

#329

Does anyone know more about how the institutions which these men and women are perched at the top of, affect there attitudes about workers and their labor? I just can't understand what their motivations are, is it really just about maximizing the bottom line? Do they look at workers as just machines, which are fungible; instead of as human beings that are indispensable from their individuality? Is the institution the…

At that level it's a game and money is the score.

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

#330

Earlier quoted context omitted.

He has always been there. "Jobs told him that Atari gave them only $700 (instead of the offered $5,000), and that Wozniak's share was thus $350. Wozniak did not learn about the actual bonus until ten years later, but said that if Jobs had told him about it and had said he needed the money, Wozniak would have given it to him." http://en.wikipedia.org/wiki/Steve_Wozniak

Woz is someone who is straight out of fairytales. I wish I had a friend like him.

Wozniak on Jobs :

         *...told Jobs the good things these machines could  
         do for humanity, not the reverse. I begged Steve
         that we donate the first Apple I to a woman who 
         took computers into elementary schools but he made
         my buy it and donate it myself.*
http://i.imgur.com/a1I9DTs.jpg

https://plus.google.com/+CarmsPerez/posts/GnVTvQNgvpf

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