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CEO behind Japan’s best-performing stock says his secret is raising salaries

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Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#261
post #109

Earlier quoted context omitted.

A bunch of work is coordination, and it requires everyone to be available simultaneously to coordinate. The fully async engineer with a round trip latency of 3-4 days is frankly the unproductive one in aggregate in their organization. Software is one of the biggest teams sports out there.

If your software business relies on last minute availability all the time, no engineer worth their salt will work there. https://sahillavingia.com/work

And sahil runs a company that in the world of software doesn't really pay well or is wildly successful. Plenty of engineers 'worth their salt' work in those kind of environments, get paid significantly more and start getting annoyed a 1 day round trip latencies when they are in north america and the other engineers are in europe, india or china.

Not mention meetings are very painful to schedule, because nobody really wants to take meetings at 7am, 9pm, etc.

Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#262

Earlier quoted context omitted.

As a further example: In my last full-on japanese company it was basically impossible to find any developer with more than 3 years experience by accidental design because: 1: No applicants studied computer science in university so they started learning when they joined the company and were assigned a development role. 2: After 3 years they they got promoted to a "manager" level role and stopped doing development. The…

About 1. Are you sure? I think 80% of Japanese go to university. Or you mean they studied a different subject?

They studied a different subject.

Remeber in large traditional japanese companies you don't apply for a job, you apply for a well-known company and then they assign you a role that may or may not have anything to do with what you did at university.

The company I worked at was not a tech company so very few (none? I never saw any) applicants who studied computer science.

Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#263

Earlier quoted context omitted.

About 1. Are you sure? I think 80% of Japanese go to university. Or you mean they studied a different subject?

They studied a different subject. Remeber in large traditional japanese companies you don't apply for a job, you apply for a well-known company and then they assign you a role that may or may not have anything to do with what you did at university. The company I worked at was not a tech company so very few (none? I never saw any) applicants who studied computer science.

Thanks. I was aware of the hiring system but not the assignment. So basically non core jobs are assigned not by degree, good to know. (I just assume core jobs are, like Tepco hopefully uses EE for power generator and nuclear engineer for the nuclear plants)

Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#264

Earlier quoted context omitted.

They studied a different subject. Remeber in large traditional japanese companies you don't apply for a job, you apply for a well-known company and then they assign you a role that may or may not have anything to do with what you did at university. The company I worked at was not a tech company so very few (none? I never saw any) applicants who studied computer science.

Thanks. I was aware of the hiring system but not the assignment. So basically non core jobs are assigned not by degree, good to know. (I just assume core jobs are, like Tepco hopefully uses EE for power generator and nuclear engineer for the nuclear plants)

... You would hope so but honestly I wouldn't be willing to bet money on it.

Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#265
post #188

Earlier quoted context omitted.

I think it varies a lot between the countries. You can the difference even within German-speaking area. Recognition and the salaries (not sure about respect) are growing in Berlin and other large cities across Germany, but I heard that in Austria, software engineering is mostly seen as IT support cost centre.

I live in Austria. With the risk that comes from generalizations, I think you are mostly correct. They get respect from the general population, but when it comes to management and executives, software engineers are mostly seen as IT support, which is of course reflected in the very, very (!) low salaries. There's this societal idea that "working in IT" is a good thing, but there is no distinction in most people's min…

I have an Austrian brother in law, he had a top position in a major Austrian company and he was ridiculously low paid.

He ended up moving to San Francisco where he's making 20x what he was making in Austria.

Re: CEO behind Japan’s best-performing stock says his secret is raising salaries

#266

Earlier quoted context omitted.

Yeah, similar story from Western Europe - graduate consultancy gave me 3 months of Java programming material to essentially self-teach myself straight out of university with 0 programming experience. 3 months later I was starting a C# role at a bulge bracket investment bank where the team was expecting someone with at least some exp. seeing as I was costing 75kpa to them (I received 20k as salary). Only reason I didn…

> my boss taking a liking to me The boss in the client company (the investment bank)? (Not in the agency that employed you?) I wonder what your coworkers in the client company thought about you / your skills, in the beginning

At the client, trust me when I say that basically everyone else didn't want us to be there apart from my immediate line manager! Wasn't a fun experience getting grilled by the adjacent team lead, my boss's boss and the other developers on the team on things that I didn't know I didn't know.

It was quite harrowing to be frank, to feel like no one wanted you there but without any choice but to turn up to work under threat of a 20k fee for my 'education' if I quit.

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