Re:Philosophies for Software Engineers
by carboncopy on Saturday February 13, 2016 @02:02PM
(#11095204)
If you use profit/#employees, then you're double-counting. The employees' salaries are already taken out of profit. That's why it's not fully disingenuous to consider revenue instead.
$500k of profit generated per employee sounds excellent, but it's also omitting other capital costs made by the business. Essentially, none of these benchmarks can give you the complete picture.
Re:Philosophies for Software Engineers
by mistersquid on Saturday February 13, 2016 @12:53PM
(#11094886)
These numbers are provided in a different context (to measure Twitter's loss against profits of other well-known highly-valued technology companies: https://twitter.com/dcurtis/status/694586397588467712
I don't know the source of Curtis's data.
Also, that Business Insider article is an inadvertent IQ test for people who want to regurgitate their figures. That $1.8 million number is revenue/#employees and not profit/#employees. Using profit calculation of $53B/98k is ~$500k. Since, a fully-loaded FTE in Silicon Valley is ~$250k, the ~$500k doesn't look that insane.
If a writer copy&pastes stuff like that into their own essay without critical thought, don't be surprised if it taints the rest of his essay. For example, the "you are not a commodity" is not fully reasoned out. In the essay, it's just an empty platitude/affirmation instead of explaining why some programmers are treated as commodities and how to differentiate themselves to avoid that categorization.