Earlier quoted context omitted.
I believe the American public’s appetite to disincentivize and tax the American companies that ship jobs overseas while simultaneously benefiting from the protection, infrastructure and US government contracts directly or indirectly will only increase in the coming years.
Easy to tax physical goods, hard to tax "underpaid" service work. Is DeepMind an American company? It's owned by Google, but it was founded in, and is still HQed in, the UK, but has offices worldwide. How much appetite do you recon Canada, France, Germany, and the UK have for America's trillion-dollar-club at this point? Now sure, you could demand any corporations selling in the US, even if not based there, hand over…
Software engineering job openings hit five-year low?
201–210 of 279 posts
Re: Software engineering job openings hit five-year low?
#202The graph is very interesting! The number of Indeed openings looks like it's basically leveled off at the initial early covid number over the last year; it's not rising, but at least it's not falling anymore. That seems like pretty optimistic news for developers! Total compensation is still pretty high, I hear. And it seems likely that if humans aren't replaced wholesale by AGI, the opportunities for building valuabl…
Re: Software engineering job openings hit five-year low?
#203Earlier quoted context omitted.
Currently the going annual salary for a senior developer in Bulgaria (Eastern Europe) is somewhere between EUR 50k - 75 EUR net, with 25-30 days of paid time off. The gross will be about 25% more (income tax is 10%, social security around 40%, but there is a cap on the salary base, so effectively it is less). For freelance senior developer, the (B2B) daily rate is in the range EUR 350 to EUR 550, depending on the tec…
Wow, income tax seems to be pretty low in Bulgaria compared to other European countries? For 50k net per year, or ~4k per month, in most other countries you need to earn ~80k EUR per year (gross). In Bulgaria, you need ~57k EUR. For 75k net per year, or ~6k per month, in most other countries you need to earn ~130k EUR per year (gross). In Bulgaria, you need ~85k EUR. Go figure, these are really large differences and…
$ python zaplata.py 10000
10000
neto : 10000 -> bruto= 11680.23, razhod: 12445.10
bruto: 10000 -> neto = 8487.80, razhod: 10764.88
prepend negative year for 2024 or 2023 (max cap of social-security rises YoY): $ python zaplata.py -2024 10000
-2024
10000
neto : 10000 -> bruto= 11627.86, razhod: 12322.36
bruto: 10000 -> neto = 8534.93, razhod: 10694.50
https://github.com/svilendobrev/svd_bin/blob/master/misc/zap...p.s. And no, i do not see a change here - all is still dead - am looking since september
Re: Software engineering job openings hit five-year low?
#204The charts show software dev gaining more jobs under the COVID demand and stimulus swing, and then losing more as those went away and monetary policy got tighter than even it had been even before the COVID stimulus. The easiest explanation for the whole chart is "Software dev is more reactive to the monetary policy environment than most other industries, because more of it is funded by new capital investment -- wheth…
How are sec 175 changes in the US not also a top explanation? This has a massive cost to small businesses and startups trying to hire software engineers, and a big impact to any team trying to grow.
Re: Software engineering job openings hit five-year low?
#205Earlier quoted context omitted.
That doesn't explain why many execs were keen on RTO. If it was reducing costs, you would thing they would've wanted to draw out WFH for as long as possible. But there a clear rush to end WFH as soon as possible and implement unilateral mandates to get everyone back to office.
It’s really hard to see what a team/people on it is actually doing if people are remote. It’s also much harder in general to communicate less formally and form deep relationships. For execs and managers, this can be a big problem. If it isn’t possible to do it the ‘old way’, remote work can and does work (albeit in different ways and with different constraints). But if doing remote work, why not do it somewhere else?
Only if you are thinking like a McDonald’s shift manager. Measuring software developers by time-in-seat is tacitly acknowledging that your managers aren’t doing their jobs up to the C-suite.
Re: Software engineering job openings hit five-year low?
#206The graph is very interesting! The number of Indeed openings looks like it's basically leveled off at the initial early covid number over the last year; it's not rising, but at least it's not falling anymore. That seems like pretty optimistic news for developers! Total compensation is still pretty high, I hear. And it seems likely that if humans aren't replaced wholesale by AGI, the opportunities for building valuabl…
This smells like AI.
Re: Software engineering job openings hit five-year low?
#207The number of job postings means nothing. 75% of the job postings are either scam or ghost postings.
the whole point is to obfuscate growth or decline to blur the ability of business intelligence units to make prediction about the company.
it's a scam for applicants, and a scam on the market.
I'm not convinced H1B issues are related, though I'm sure there are fake adverts for jobs that are unfillable to get H1Bs in, too. Unfortunately Musk, Ramaswamy, and DOGE are all about cheap workers.
Re: Software engineering job openings hit five-year low?
#208Earlier quoted context omitted.
That should change by tomorrow. The EEOC is going to crack down on companies cheating H-1B and posting ghost positions: https://x.com/USTechWorkers/status/1892771344540193076
Not gonna happen, I wish there was a way to measure outside of boasts on Twitter.
Re: Software engineering job openings hit five-year low?
#209Re: Software engineering job openings hit five-year low?
#210Earlier quoted context omitted.
Our company just let go of all our remote LATAM hires. We paid high end in their LCOL areas. They were somewhere between ok and not good. Felt like we got about what we paid for - their cost was about 50% of a US dev. They were as productive as a low end US dev, so in some cases ok value but since hiring low performers tends to hurt a team overall they weren’t worth it. We’re a mid range company (decent cash comp, no…
As a Brazilian dev living in Europe, one thing people just don't get about offshoring is that good devs have options, even in poorer countries. Companies offshoring usually offshore crappy projects, crappy projects attract bad talent. Also really top devs (at least in Brazil) can make more than 50k USD per year (fluctuates widely based on exchange rates) at Brazilian companies, it is cheaper than US but the tail-end…