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New Intel CEO rehiring retired CPU architects

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Re: New Intel CEO rehiring retired CPU architects

#471

Post by yardie »

phendrenad2 wrote: post #321
spicybright wrote: post #207

Earlier quoted context omitted.

I genuinely feel bad for talented people that get suckered into deals like this. Obviously some do if recruiters try and do this.

Being slightly underpaid is a great lifehack, but only if your bosses know it. Less stress, more work/life balance. Let people work themselves to the bone for 30% more money. That isn't for me.

Money in the bank is a great lifehack. Money in the bank is the greatest stress reliever in our society. The ability to say "this ain't for me" and walk away free of consequences. And knowing that no matter what happens next your expenses are still covered is the best hack.

Re: New Intel CEO rehiring retired CPU architects

#472

Post by mszcz »

xyzelement wrote: post #460
NotPavlovsDog wrote: post #430

Earlier quoted context omitted.

It's one of the (dirty?) pleasures in the work-life, isn't it? I still treasure getting to the stage in my life when I could afford to stop saying what my salary expectation was outside of "fair in relation to the market and my experience". Recruiter H/R: "We need to hear your salary requirements to move forward with this position". me: "I would like to hear your offer". Recruiter / HR: "We won't be able to consider…

Who do you think you are screwing by cutting off your opportunities at the root? :) As the other reply pointed out, you are cutting yourself (a) out of the conversation (b) out of finding out what your actual range is. Here's a dirty secret for you - very often the recruiters don't share the range because the range is broad, they may fill the role with a mid-level or a super-senior at 2x the comp. If they tell you th…

> because the range is broad

You make it sound like if they don't tell you what the range is, they are somehow doing you a favor. No, if they don't tell you the range it's not because they're nice or whatever, but because they're trying to get you to sign on for the lowest amount possible. If you hear the range is larger than what you were expecting, you're gonna try to hit that upper bound. Both positions are understandable from their own points of view, no hard feelings here. But, in general, the recruiter is not your friend and not there to help you. Them not disclosing information is to their advantage, not to yours.

Re: New Intel CEO rehiring retired CPU architects

#473

Post by ausjke »

darth_avocado wrote: post #151
UncleOxidant wrote: post #81

Earlier quoted context omitted.

I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.

I am 100% in the same boat. Had a recruiter reach out to me who wanted me to leave my more than comfortable six figure SV job to do cutting edge contract work in machine learning as a lead engineer for about $50/hour. I was so amused I actually spent the time listening to their pitch and eventually told them that anything less than $200/hour wouldn't even cover my current pay + benefits. Let me know if you can do bet…

I do not live in CA and have never took any contract jobs from CA, its contract hourly rate is not competitive at all and to make it worse, its state income tax will take another cut(~13%), there is no way CA's contract rate can be competitive, CA is in decline in general as far as I can see.

Re: New Intel CEO rehiring retired CPU architects

#474

Post by ryanmercer »

rswail wrote: post #443
ryanmercer wrote: post #432

Earlier quoted context omitted.

Shoot, the $45 an hour mentioned up this chain would be life changing for me (yes, I live in the U.S.), after 15 years at my job I make 17.26 an hour. It's why this talk of $15 minimum wage mildly terrifies me, I know people need it but man, it suddenly thrusts me nearly to minimum wage (minimum wage is currently 7.25 here).

You should see an increase in your wage when the minimum goes to $15. A rising tide lifts all boats. Inflation is virtually zero, so rising wages are a good thing for the vast majority of wage and salary earning employees.

My annual merit based increases are often at or just below inflation levels and the cost increase of insurance, I wouldn't hold my breath on my employer upping my pay a comparable amount - shareholders aren't fond of shrinking profits.

I think the largest pay bump I've ever seen in a year was right at 2% or possibly even less.

Re: New Intel CEO rehiring retired CPU architects

#475

Post by ryanmercer »

VincentEvans wrote: post #454
ryanmercer wrote: post #432

Earlier quoted context omitted.

Shoot, the $45 an hour mentioned up this chain would be life changing for me (yes, I live in the U.S.), after 15 years at my job I make 17.26 an hour. It's why this talk of $15 minimum wage mildly terrifies me, I know people need it but man, it suddenly thrusts me nearly to minimum wage (minimum wage is currently 7.25 here).

It “suddenly thrusts” you absolutely nowhere. You still earn exactly as much as you do now, but it is interesting to observe the psychological effect of being surrounded by people who are more miserable than oneself.

>You still earn exactly as much as you do now,

And one would assume you'd see rents and housing prices very rapidly start going up, then presumably other prices over varying levels of time.

Re: New Intel CEO rehiring retired CPU architects

#476

Post by VincentEvans »

ryanmercer wrote: post #475
VincentEvans wrote: post #454

Earlier quoted context omitted.

It “suddenly thrusts” you absolutely nowhere. You still earn exactly as much as you do now, but it is interesting to observe the psychological effect of being surrounded by people who are more miserable than oneself.

>You still earn exactly as much as you do now, And one would assume you'd see rents and housing prices very rapidly start going up, then presumably other prices over varying levels of time.

Perhaps. But why wouldn’t the same apply to salaries then?

What would happen if we were to set the minimal wage at 100K so that we eliminate the poverty in one swift move and everyone is either equally rich, or as you are worried - equally poor :)

Re: New Intel CEO rehiring retired CPU architects

#477

Post by luma »

ryanmercer wrote: post #432
headmelted wrote: post #416

Earlier quoted context omitted.

Good grief do I ever work in the wrong part of the world. I’m well established in my career (and I don’t have SV costs of living to be fair) - but anywhere even in the galaxy of $200 an hour would be life-changing for me.

Shoot, the $45 an hour mentioned up this chain would be life changing for me (yes, I live in the U.S.), after 15 years at my job I make 17.26 an hour. It's why this talk of $15 minimum wage mildly terrifies me, I know people need it but man, it suddenly thrusts me nearly to minimum wage (minimum wage is currently 7.25 here).

Having people only make slightly less than you terrifies you? Why does knowing someone else might be getting a tiny raise terrify you?

Re: New Intel CEO rehiring retired CPU architects

#478

Post by DyslexicAtheist »

cutemonster wrote: post #437
DyslexicAtheist wrote: post #288

Earlier quoted context omitted.

I think talented people will not take it unless they're between a rock and a hard place. Sadly what this does is it attracts only the most junior or unqualified hires who (are great if you got time/budget but if not) will need to be trained by the few seniors left holding the place together. I'm not surprised Intel does this and the telecommunications side I have seen from them in Europe was rotten to the core. I hav…

I don't understand: > A friend got poached from Intel in a cushy job > after the first week on the new job with Intel ... he was the first to go. He got poached from Intel or should it be by Intel? Since his new job apparently was at Intel > Later I heard they do this all the time Why do they do that? Sounds like a waste of time for the recruiters (and him but apparently they don't care about that)

thanks yes should be by Intel.

Re: New Intel CEO rehiring retired CPU architects

#479

Post by riffraff »

rswail wrote: post #443
ryanmercer wrote: post #432

Earlier quoted context omitted.

Shoot, the $45 an hour mentioned up this chain would be life changing for me (yes, I live in the U.S.), after 15 years at my job I make 17.26 an hour. It's why this talk of $15 minimum wage mildly terrifies me, I know people need it but man, it suddenly thrusts me nearly to minimum wage (minimum wage is currently 7.25 here).

You should see an increase in your wage when the minimum goes to $15. A rising tide lifts all boats. Inflation is virtually zero, so rising wages are a good thing for the vast majority of wage and salary earning employees.

I am not sure it's given that inflation will stay at zero with rising minimum wages.

I think GP is worried this may not be the case, and he would lose purchasing power.

Nothing may happen, but I think we'll have to wait and see if this is the case or not.

Re: New Intel CEO rehiring retired CPU architects

#480

Post by acomms »

rswail wrote: post #443
ryanmercer wrote: post #432

Earlier quoted context omitted.

Shoot, the $45 an hour mentioned up this chain would be life changing for me (yes, I live in the U.S.), after 15 years at my job I make 17.26 an hour. It's why this talk of $15 minimum wage mildly terrifies me, I know people need it but man, it suddenly thrusts me nearly to minimum wage (minimum wage is currently 7.25 here).

You should see an increase in your wage when the minimum goes to $15. A rising tide lifts all boats. Inflation is virtually zero, so rising wages are a good thing for the vast majority of wage and salary earning employees.

Why would inflation stay at 0? That is extremely unlikely.
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