Nobody is overpaid. Salaries, live everything else, follow a trend of Supply and Demand. Currently SWEs are on high demand pretty much everywhere in the world and salaries reflect that.
What should we do? Educate/Train more SWEs!
Is 400k/yr overpaid for a SWE?
31–40 of 107 posts
Re: Is 400k/yr overpaid for a SWE?
#32At first it seems like he's making a logical point. After reading HIS replies in threads, seems he's more interested in being obnoxious
Re: Is 400k/yr overpaid for a SWE?
#33What does the tweet say? I am blocked by @typesfast. Can’t find the tweet on the browser page before the login prompt appears.
"It might be that many software business models don't work when engineers cost $400k/year."
followed by
"TIL some software engineers making $400k view themselves as Marx's proletariat."
I'm getting the feeling that most devs here agree that SWEs don't need to make that much.
Re: Is 400k/yr overpaid for a SWE?
#34People need to afford a house. If they can't do that they'll go do something else, pushing the price back up
Or rather people get higher wages, meaning they can afford a more expensive house, pushing up the prices of houses (as there's a fixed number {in a given location})
Re: Is 400k/yr overpaid for a SWE?
#35Earlier quoted context omitted.
He would be wrong with those claims, too. Even those """"overpaid"""" developers make only a small part of whatever the overall company makes. Perhaps this is counterintuitive but I would not be surprised at all if that percentage is smaller than with regular companies and lower paid workers. It's simply that tech was and still is an exploding sector and a ton of resources are poured into it. People who are experienc…
Wrong that some business models are impossible/shouldn't exist with cost of talent at X? Then you're arguing that every business model is possible/valid/should exist regardless of cost of talent? I'm not sure where you're trying to go with that.
[deleted]
Re: Is 400k/yr overpaid for a SWE?
#36I think it's pretty funny when libertarians or conservatives all of a sudden start sounding like Marxists and claiming that of course workers (engineers) should be entitled to part of the value they produce, when it's their own salary they're talking about.
$400k is also way way more than any engineer will earn in most countries except USA, and maybe it's exceptional in most US states too? For context, it's about twice what the Swedish prime minister makes, and $70k per year is considered a high salary for senior developers in Stockholm.
https://www.unionen.se/rad-och-stod/om-lon/marknadsloner/sys...
Re: Is 400k/yr overpaid for a SWE?
#37Nobody is overpaid. Salaries, live everything else, follow a trend of Supply and Demand. Currently SWEs are on high demand pretty much everywhere in the world and salaries reflect that. What should we do? Educate/Train more SWEs!
Except CEOs, apparently they're always overpaid. ;)
Re: Is 400k/yr overpaid for a SWE?
#38I'm frankly super confused about salaries right now. Currently job hunting in Europe and the other day when a recruiter asked how much I was looking for I gave my current salary as a minimum of 65 euros/h and the recruiter kind of chuckled and told me that if I'm a good match I could ask for like 90. Okay, sounds great. So a few days later I was having an initial interview for a senior ML position and when asked how…
> So a few days later I was having an initial interview for a senior ML position and when asked how much I expect
Sometimes companies are looking to hire super cheap only and you gave your expectations as higher than they budgeted, so no point interviewing you, but also from your perspective, probably no point in being underpaid.
I'm sure we've all seen job ads where they talk about the mountains of experience and skills you need and then list near poverty wages as restitution, if they list salary range at all.
Re: Is 400k/yr overpaid for a SWE?
#39all the tweets reply to Ryan is hilarious.
i don't believe Ryan is saying SWE shouldn't get 400k. some business model just can't afford it and i agree.
i work for a "traditional" mid size company. a small/mid size company will have a hard time offering 400k for a SWE
Re: Is 400k/yr overpaid for a SWE?
#40I'm frankly super confused about salaries right now. Currently job hunting in Europe and the other day when a recruiter asked how much I was looking for I gave my current salary as a minimum of 65 euros/h and the recruiter kind of chuckled and told me that if I'm a good match I could ask for like 90. Okay, sounds great. So a few days later I was having an initial interview for a senior ML position and when asked how…
There is a huge difference in hourly paid people (consultants/freelancers) and salaried people (staff). Someone who makes 100k a year in a salaried position would charge 200 euro per hour as freelancer. A freelancer we hire for 100/hour would be salaried at 70k tops.