I think I know why you can't hire engineers right now

Post by pjmlp » Thu, Jan 13, 2022, 7:26 AM UTC

ihateolives wrote: post #336

pjmlp wrote: post #311

Earlier quoted context omitted.

> Over in Europe and East Asia, $50 to $60k salaries are the norm Yes, and we have plenty of nice stuff that goes along with it Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... Like the OP, my expenses are more than covered, getting more isn't worth the hassle to change. Ah, and in some countries havin…

> Ah, and in some countries having too many companies on the CV isn't well seen, it appears the candidate isn't able to fit-in anywhere. It is changing though in the tech field. Yes, it used to be that 10 years in the same company showed that you're loyal and dependable, but now it's more like "so you haven't learned anything new or been in a different environment in 10 years?". There's a difference between changing…

Post by Wiseacre » Thu, Jan 13, 2022, 7:26 AM UTC

eyjafjallajokul wrote: post #337

richardfey wrote: post #295

Earlier quoted context omitted.

100k-200k on top of let's say 100k? So they would be making 250k per year? How common is this?

100k is below starting salary in the Bay Area or Seattle. Most senior folks make 300-450k with Staff level engineers making 600-800k.

Post by pjmlp » Thu, Jan 13, 2022, 7:27 AM UTC

eyjafjallajokul wrote: post #340

pjmlp wrote: post #311

Earlier quoted context omitted.

> Over in Europe and East Asia, $50 to $60k salaries are the norm Yes, and we have plenty of nice stuff that goes along with it Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... Like the OP, my expenses are more than covered, getting more isn't worth the hassle to change. Ah, and in some countries havin…

> Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... If you are in your 20's, it is totally worth moving to the US where you can get paid 500K+ per year if you navigate your career efficiently. I posit that making this much money more than covers any of these additional expenses that you call out.

Post by suifbwish » Thu, Jan 13, 2022, 7:28 AM UTC

eyjafjallajokul wrote: post #340

pjmlp wrote: post #311

Earlier quoted context omitted.

> Over in Europe and East Asia, $50 to $60k salaries are the norm Yes, and we have plenty of nice stuff that goes along with it Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... Like the OP, my expenses are more than covered, getting more isn't worth the hassle to change. Ah, and in some countries havin…

> Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... If you are in your 20's, it is totally worth moving to the US where you can get paid 500K+ per year if you navigate your career efficiently. I posit that making this much money more than covers any of these additional expenses that you call out.

Post by polishdude20 » Thu, Jan 13, 2022, 7:30 AM UTC

reedjosh wrote: post #296

hguant wrote: post #8

There comes a point where the money just isn't a motivating factor anymore, and companies are struggling to figure out how to work in that environment. This bit from the author hits the nail on the head: >Is an extra $10k per year worth learning a new org, a new skillset, a new set of expectations, a new set of coworkers, and a new boss? For many engineers, the answer is: “No.” Yes I could quit and get a ~20k raise b…

I was quite satisfied with the position I was in at the last two companies I left. All the things you mention matter to me, but I added 50% to my salary on my first jump, then another 110% on my second. All in just over a year. Money is still my primary driver. It will be until I am fully financially independent. Not just able to live on a FIRE budget of $30k a year, but able to chase my own fairly expensive interest…