Earlier quoted context omitted.
I was on 143k usd before I left London and now work remotely for about 188k usd for a UK company. This was was with stock options as well. As a salaried employee, that would be exceptionally high in almost any field. Obviously some such jobs exist, but unless you're a very senior figure in a relatively well-paid industry, you're an outlier at that compensation level.
I was a tech lead for a team in a startup but not particularly high. I know other people that were on similar salaries and I had friends who did the same thing as contractors that had much higher day rates.
Developer salary spreadsheet compiled from tweets
301–310 of 345 posts
Re: Developer salary spreadsheet compiled from tweets
#302Earlier quoted context omitted.
What is management for if not to establish priorities according to the needs of the business and then determine an allocation of resources accordingly?
Companies are not exclusively top-down command economies. Or they shouldn't be.
There are several good reasons for this, not least that management is required to understand the bigger picture and how the activities under them fit into it, while in general subordinates are not.
Also, subordinates may have personal motivations that would conflict with the priorities of the business if everyone was free to do their own thing. A very common example is developers who come into a tech firm and want to use all the latest cool technologies because they're fun and look great on a resume, which is often not in the best interests of the business.
Re: Developer salary spreadsheet compiled from tweets
#303Re: Developer salary spreadsheet compiled from tweets
#304Earlier quoted context omitted.
It sounds like you’re saying that if GP fights for higher salary, that comes from the loss of someone already making less than him. Whereas many of us have the impression that higher salaries come at the loss of investors or shareholders, who are usually better off than yourself. Otherwise, who exactly are you shafting by asking for a higher salary?
I'm not talking about individuals asking for higher salary. I'm talking about societal inequality. You cannot have a large group of people earning a lot more than the median income without having a large group earning a lot less. European salaries are lower in part because Europe has less inequality than the US. It's a feature not a bug. That's the main point. On an individual level I'm all for people negotiating, an…
Re: Developer salary spreadsheet compiled from tweets
#305Earlier quoted context omitted.
I'm not talking about individuals asking for higher salary. I'm talking about societal inequality. You cannot have a large group of people earning a lot more than the median income without having a large group earning a lot less. European salaries are lower in part because Europe has less inequality than the US. It's a feature not a bug. That's the main point. On an individual level I'm all for people negotiating, an…
So it is zero sum? I don’t understand. Seems you are contradicting your own claims.
Inequality means that the distribution over available resources is uneven. Inequality can occur in the presence of growth if the gains from growth are not distributed equitably. I.e. inequality does not imply zero sum.
To the extent that economics agree on anything they seem to agree that wage growth has stagnated since, roughly, the 1970s, inequality is rising, and gains from growth are disproportionately going to the richest.
Finally, the census measurements capture data at an instant in time. At any one instant there is a fixed amount of $s in the economy and it's a mathematical fact that comes from the definition of median that you cannot have samples (i.e. income) higher than the median without having samples lower than the median.
Re: Developer salary spreadsheet compiled from tweets
#306Earlier quoted context omitted.
> Roughly $5k/year out of pocket That's for single young men. My mother pays > 1k per month for herself and my stepdad monthly. That's not unusual, and she has excellent insurance.
> That's for single young men. I'd say it's for any single employee (with the young being ripped off if they pay that much). But yes it generally doubles or more for spouse or family coverage.
Re: Developer salary spreadsheet compiled from tweets
#307Earlier quoted context omitted.
> for people with negotiating skills, which are among the most valuable and useful skills of all. You're confusing the skill of adversarial negotiation with cooperative negotiation. Cooperative negotiation is a critical business skill within the company. You are all on the same team and should have the same goals. Competitive negotiation is a good skill to have for some external negotiations. If anything, being good…
Negotiation is price discovery. It is literally the empirical process of discovering the clearing price of an agreement based on deductive reason instead of the blind-man's-bluff bullying of a haggle. People on the privileged end of a power imbalance always think they're being co-operative, because they necessarily know they have the power and choose whether or not to co-operate. Negotiation is the art of managing po…
Weird.
Re: Developer salary spreadsheet compiled from tweets
#308Earlier quoted context omitted.
Orthogonal to your anecdote, tech salaries in London are ridiculously low :(
US median family income was $60,336 in 2017, and $71,805 in California[1]. Junior developers in Silicon Valley have starting salaries around $110000, and I've heard for new college graduates getting up to $150K. I.e. twice median family income. You cannot have these high salaries without someone else getting shafted. There simply isn't enough money for everyone to be earning like this. Whether you consider inequality…
That's incoherent. Salaries are a flow, not a stock, and M2 is wildly variable anyway. Or do you just mean that if lower-earning people earned more, the median would be higher?
Re: Developer salary spreadsheet compiled from tweets
#309Earlier quoted context omitted.
It sounds like you’re saying that if GP fights for higher salary, that comes from the loss of someone already making less than him. Whereas many of us have the impression that higher salaries come at the loss of investors or shareholders, who are usually better off than yourself. Otherwise, who exactly are you shafting by asking for a higher salary?
I'm not talking about individuals asking for higher salary. I'm talking about societal inequality. You cannot have a large group of people earning a lot more than the median income without having a large group earning a lot less. European salaries are lower in part because Europe has less inequality than the US. It's a feature not a bug. That's the main point. On an individual level I'm all for people negotiating, an…
Actually you can; you can have a large group of people learning a lot more than the median income, arbitrarily more, counterbalanced by an equally large group of people earning barely less than the median income. This does in fact happen in practice and is precisely the reason the median income is so much lower than the per-capita GDP.
Re: Developer salary spreadsheet compiled from tweets
#310Earlier quoted context omitted.
> That's for single young men. I'd say it's for any single employee (with the young being ripped off if they pay that much). But yes it generally doubles or more for spouse or family coverage.
Perhaps you don't find 1k+/month to be a lot, but I think it is. Keep in mind the median income in the nation, amongst working people, is only 31k/year. And that's before taxes, rent, etc. Sure, if you have two working, healthy adults in a household, they can swing 1k, but it's still a huge expense to the average family.
I don't think this number is working people only, I think it is among everyone.
And who said $1k isn't a lot?