361–370 of 381 posts
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I'm curious where this poster got that figure. I haven't found anything like it, in fact a pretty consistent 145k average salary. I would also be wary of average vs. median, as there's some real crazy outliers out there.
https://www.levels.fyi/ has some pretty good figures. I also am fairly certain its total comp and not salary...
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I can't tell if you're naive or simply trolling. "There is one rule for the industrialist and that is: make the best quality goods possible at the lowest cost possible, paying the highest wages possible." -Henry Ford
Raising minimum wage is not same as paying equal wages to all (which is what this article describes). No one is trolling and comparison to Soviet experiment is close, if not exactly the same. Please read the article.
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Raising minimum wage is not same as paying equal wages to all (which is what this article describes). No one is trolling and comparison to Soviet experiment is close, if not exactly the same. Please read the article.
I read the article. It pretty clearly states, many times, that 70k is the minimum wage, and says nothing about equal wages.
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I worked at Gravity and made much more than $70k. Nobody had their salaries cut. Only the CEO cut his salary from > $1MM to $70k.
I mean, sure. He cut his salary - but he still owns the company, and I'm sure his equity stake in the company is worth a loooooot more as a result of all this. Let's not paint this as some huge, noble sacrifice.
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This is exactly what I am talking about. You are overestimating how important it is. The code is there and (presumably) in source control. It really isn't that difficult for someone to get the source, compile it and fire up the debugger and carry on where the previous person left off.
I'm sure there are lots of production codebases like that. But there are lots of codebases that actually require the institutional knowledge to use and modify - for example a decades old CAD application. So your example is not a universal rule.
However unless building the tech is the business you are seen just as a cost to the business in most circumstances.
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I read the article. It pretty clearly states, many times, that 70k is the minimum wage, and says nothing about equal wages.
You obviously missed the core of the story. The title itself is "The boss who put everyone on 70K". The CEO took cut from $1M to $70K. At least two people resigned because of pay cuts to $70K.
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There is a lot of good intentions here but we did run a very large scale experiment for 69 years on about 300M people. It was called the Soviet Union and the results weren't pretty economically for the people. So the concern remains how long this can last, how brittle is this and how much can it scale.
I can't tell if you're naive or simply trolling. "There is one rule for the industrialist and that is: make the best quality goods possible at the lowest cost possible, paying the highest wages possible." -Henry Ford
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https://www.levels.fyi/ has some pretty good figures. I also am fairly certain its total comp and not salary...
Levels.fyi: outlier employees at outlier companies. Not even close to “average for normal software developer.”
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I don't know why there is always this nitpick. I just take it for granted that when someone talks about tech "salaries" they mean "total comp". Virtually everyone in my peer group makes more than half of their total comp from non-salary compensation. Sure that portion varies somewhat due to market forces, but there seems little point in discussing base salaries.
I think a lot of people, myself included, don't know the nominal value of their total compensation. If their employer pays the full costs of their health insurance plans, I don't think many people know what those costs are. Also, as others have pointed out, certain components of total compensation, like various forms of 'equity' in the employer company, are not reasonably equivalent to cash, and no one could feasibly…
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It doesn't really. It just said a couple people resigned in protest.
Never understood this. This is like complaining you are unhappy that other people should even have a good life. It's one thing to aspire to have a good life. And totally different to derive your happiness from watching others suffer.