Re:Name and Shame: IBM
by tdumitrescu on Thursday August 16, 2018 @01:27PM
(#17776701)
> everyone is benefiting, from VCs to chief executives. Except engineers.
I don't know what world you're living in, but engineering salaries _have_ absolutely shot up in recent years. 10 years ago no engineer was scoffing at making 6 figures straight out of school. I remember being wowed when a friend reported that Google had started regularly offering 105K to fresh grads.
The article was about VC funding for startups. Has comp at startups improved that much recently? Not to my knowledge.
Re:Name and Shame: IBM
by tdumitrescu on Saturday August 18, 2018 @12:44AM
(#17786908)
In my experience at several startups, and discussions with numerous friends and colleagues in similar positions, yes the eng comp at startups is much better than it was 5 years ago.
Re:Name and Shame: IBM
by seattle_spring on Thursday August 16, 2018 @10:52AM
(#17775095)
The salaries they are quoting are market for the top tier. IBM is not the top tier.
Re:Name and Shame: IBM
by mental1896 on Thursday August 16, 2018 @11:29AM
(#17775485)
100k is below average for a software developer in the area: https://www.glassdoor.com/Salaries/san-jose-software-develop...
Re:Name and Shame: IBM
by seattle_spring on Thursday August 16, 2018 @11:40AM
(#17775610)
And new grads make below average, because they're below average in experience. What's your point?
I mean, they're just engineers, right? They should be thankful for anything thrown their way, even if they'll never be able to afford a house or raise a family on it.
They should be working for the lowest comp possible, just like the founders, chief executives, and the VCs.
P.S. there was a NYT article posted here just a couple of days ago about how it's become incredibly easy to raise VC rounds of $100m+. There's a ton of money pouring into tech right now, and everyone is benefiting, from VCs to chief executives. Except engineers. We're not supposed to enjoy this success, I mean, all we do is build the products.
https://www.nytimes.com/2018/08/14/technology/venture-capita...