News for hackers. Stuff that matters.
Re:The Problem of Doctors’ Salaries by priam on Wednesday November 22, 2017 @10:27AM (#15757461)
Reminds me of how software engineers just regurgitate what stack overflow says.
Re:The Problem of Doctors’ Salaries by geodel on Wednesday November 22, 2017 @11:01AM (#15757777)
Second that. But those engineers are not paid anywhere as much as any doctor and there is no artificial limit on engineer supply.
Re:The Problem of Doctors’ Salaries by priam on Wednesday November 22, 2017 @11:08AM (#15757841)
Yes - but they start accumulating wealth in their early 20s. That gives them at 10+ year head start on the average physician who finishes paying off their debts at ~35.
Re:The Problem of Doctors’ Salaries by alexanderstears on Wednesday November 22, 2017 @10:50AM (#15757680)
However, few mediocre software engineers make 200k/yr. Most mediocre doctors do make >200k/yr.
Re:The Problem of Doctors’ Salaries by priam on Wednesday November 22, 2017 @11:05AM (#15757816)
Software engineers aren't $200k+ in debt at 32 either.

If you are an average salaried software engineer, you can accumulate more wealth than a doctor if you invest at recommended rates. The break even point is somewhere around 60-65 years of age.

Re:The Problem of Doctors’ Salaries by s0rce on Wednesday November 22, 2017 @11:36AM (#15758126)
Really, I'm curious care to share your calculations? What salaries are you using? What about cost of living?
Re:The Problem of Doctors’ Salaries by user5994461 on Wednesday November 22, 2017 @01:26PM (#15759130)
A doctor can work in any city in the world, an engineers can work in less than 10 cities.
Re:The Problem of Doctors’ Salaries by TheCoelacanth on Wednesday November 22, 2017 @02:59PM (#15760031)
What a ludicrous statement. Pretty much any mid-size to large city has jobs for software engineers.
Re:The Problem of Doctors’ Salaries by s0rce on Wednesday November 22, 2017 @04:07PM (#15760640)
Not if you want to make $200k.
Re:The Problem of Doctors’ Salaries by user5994461 on Saturday November 25, 2017 @08:56AM (#15775992)
Maybe I should have said "guaranteed employment for life" instead of just work.

Irrelevant of the salary, most medium cities will only have a handful of tech roles available, at best. It's super hard to find and hold a job.

Re:The Problem of Doctors’ Salaries by alexanderstears on Wednesday November 22, 2017 @01:37PM (#15759229)
It's more difficult to gain admission to veterinarian school than medical school (in America).

Veterinarians pay about the same for their schooling (but they don't really have residencies) and vets make ~70k-80k/yr.

If we think of a job's salary as a function of the talents used by the job and the cost of admission to the job, it's unclear why doctors and vets should earn substantially different amounts of money.

But I agree that it's easier to accumulate wealth as a non-doctor than a doctor. Just treat the first couple years of your career like medical school and it shouldn't be too hard to crack 6 figures - if you live modestly outside a megaopolis, you can save 40k/yr and get a six figure headstart over a doctor.

Re:The Problem of Doctors’ Salaries by fjsolwmv on Wednesday November 22, 2017 @04:21PM (#15760778)
What's your cross-industry metric for defining "mediocre"?