High Salaries Are Weapons in the AI Talent War

Re:High Salaries Are Weapons in the AI Talent War by otakucode on Tuesday February 13, 2018 @10:23AM (#16367769)

This is the sort of thing which was starting to happen with software engineers way back in the 1990s as the Internet started growing explosively. It was stopped by the large tech companies engaging in illegal wage-fixing for years, setting the standard for software engineers being paid rates divorced from the value they create. Sure they got busted for it decades later, but by that point the danger was passed and astronomical profits assured.

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Re:High Salaries Are Weapons in the AI Talent War by macspoofing on Tuesday February 13, 2018 @10:43AM (#16367954)

>It was stopped by the large tech companies engaging in illegal wage-fixing for years

Also the dot.com crash ...

Wasn't wage-fixing a Silicon Valley thing?

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Re:High Salaries Are Weapons in the AI Talent War by akhilcacharya on Tuesday February 13, 2018 @12:10PM (#16368729)

I mean new grads still regularly make more than 180k at top tech companies...

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Re:High Salaries Are Weapons in the AI Talent War by jcadam on Tuesday February 13, 2018 @12:20PM (#16368809)

Hmmm.... wonder if I could pass for a new grad. Would need to do something about this grey hair. And the wrinkles. And the attitude.

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Re:High Salaries Are Weapons in the AI Talent War by akhilcacharya on Tuesday February 13, 2018 @12:30PM (#16368906)

I mean, even lower-tier companies like Amazon pay that much for SDE2's these days. Its just a function of how much wages have gone up recently.

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Re:High Salaries Are Weapons in the AI Talent War by jcadam on Tuesday February 13, 2018 @12:47PM (#16369079)

Ah well, I'm making ~$140k (salary) here in Florida. The Nerd Wallet COL calculator says that's equivalent to ~$260k in San Francisco (or $210k in Seattle), so maybe I'm doing alright :)

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Re:High Salaries Are Weapons in the AI Talent War by wishart_washy on Tuesday February 13, 2018 @12:19PM (#16368803)

This is an exaggeration. Total compensation for returning interns at FANG may approach 120k salary, with stock plans and bonus compensation that max out at 20k additional value per year. Even algorithmic trading or strats-quant positions rarely broach 140-150k for recent graduates.

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Re:High Salaries Are Weapons in the AI Talent War by akhilcacharya on Wednesday February 14, 2018 @08:48PM (#16381316)

For the first year, maxing out at 20 is incorrect if only for my own case at the A. Mine is closer to +40. At F it can be anywhere from +113 per year or more for converting interns and even better if you can negotiate at G, I’ve heard numbers going up to 200tc. This is just including signing, not year end which can be even more but I’m not as familiar with that at other companies.

At least from my recollection, JS/2S base approach that but have very significant performance bonuses that easily match big tech.

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