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…
> For many engineers, the answer is: “No.”
> Yes I could quit and get a ~20k raise by shopping my resume around, but I don't need the money. I have enough for a down payment on a house, I meet my expenses for the month with 1/2 of one paycheck, I can buy a new car on a credit card if I wanted to.
This entire thread is mind-blowingly backwards though it totally explains why we the industry is in this position. It starts with people saying that "they don't need more money" because they can borrow or they can $20k more by shopping around their resume if they need to, followed by people waxing about how $50k-$80k is a decent salary, followed by people saying "no one gets paid $250k out of college"
It is very simple: $20k extra over a period of 52 weeks is extra $384 per week, which is less than extra $10 an hour.
Here's why you cannot hire engineers: you are not paying them enough money.
Engineer: $55k is good if i have
Someone who wants to hire him and has no toys: $80k
Engineer: I guess but only if I get to work only really cool projects
Someone who wants to hire him and has shitty projects: $100k
Engineer: And I want to have super smart people working with me
Someone who wants to hire him and does not have smart people as he wants to build a team around this kind of engineer: $150k
Engineer: Yeah, i guess it will work.
Someone who wants to hire him and does not want him to shop around: $170k
Engineer: hell yes! I'm going to unshitty these projects and make people around me smart!
Oh, you don't want to pay $170k/year for an engineer because you think those plebeians should be working for $55k? Well, that's your problem.
P.S. Can't hire at $170k/year? Offer $220/k.
P.P.S. $10k/year is not a raise.