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Re:In Silicon Valley wages are down for everyone but the top... by CalRobert on Sunday October 14, 2018 @01:00PM (#18213830)
It can be frustrating to read HN sometimes when it feels like you're the only one making under 200k. I do wonder how many engineers realize how astonishingly well paid they are compared to, say, their kid's teacher.
Re:In Silicon Valley wages are down for everyone but the top... by microtherion on Sunday October 14, 2018 @03:43PM (#18214822)
I prefer to justify my salary not by benchmarking myself against an excellent teacher, but against a mediocre investment banker.
Re:In Silicon Valley wages are down for everyone but the top... by WillPostForFood on Sunday October 14, 2018 @08:14PM (#18216429)
70% of teachers in Palo Alto make over $100,000, and that's for 38 weeks of work.

https://www.paloaltoonline.com/news/2016/05/23/with-new-cont...

Re:In Silicon Valley wages are down for everyone but the top... by djrogers on Sunday October 14, 2018 @06:11PM (#18215780)
You don’t need to be making 200k to be in the top 10% nationally - that’s actually just under 140k.

[1] https://www.investopedia.com/personal-finance/how-much-incom...

Re:In Silicon Valley wages are down for everyone but the top... by anothergoogler on Sunday October 14, 2018 @01:03PM (#18213851)
Teachers being criminally underpaid doesn't change the fact that most engineers are underpaid. A good engineer can generate multiples of their salary in revenue.
Re:In Silicon Valley wages are down for everyone but the top... by 11thEarlOfMar on Sunday October 14, 2018 @01:58PM (#18214140)
At one point, WhatsApp had 40 engineers and 400 million users.

That’s 10,000,000 users per engineer.

And more users than the US population.

If WhatsApp generates $1 per user per year in revenue, each engineer would be responsible for $10,000,000 in revenue. From my view, no issue paying them $250,000 each and spiffing them with stock options to compensate them for taking full advantage of that insane leverage that modern Internet platforms provide.

Re:In Silicon Valley wages are down for everyone but the top... by CalRobert on Monday October 15, 2018 @05:36AM (#18218458)
Yeah, but it wouldn't really matter if it were a billion users per engineer if engineers with the needed skills/qualities etc. were a dime a dozen. Market scarcity determines price.

I mean, a computer allows me to do analysis that would take years in seconds, and to share it with millions of people trivially, but it's still dirt cheap because, well, there are lots of computers and not particular barriers to building more.

Re:In Silicon Valley wages are down for everyone but the top... by BurningFrog on Sunday October 14, 2018 @01:45PM (#18214081)
And a bad engineer can destroy as much.

One fun thing about humans is that almost all think they're underpaid. This says a lot about people and nothing about wages.

Re:In Silicon Valley wages are down for everyone but the top... by anothergoogler on Sunday October 14, 2018 @01:51PM (#18214109)
We may have different experiences, but in a long career the worst I've seen are useless engineers. Are you seriously claiming that the population of engineers destroying multiples of their salary (sabotage/gross negligence) is comparable to the population who create multiples (and are exploited)? Silicon Valley lore is filled with stories of fortunes earned on the backs of engineers being paid market rates. You don't have to look hard to find them, start with Apple, or look at any modern "unicorn."
Re:In Silicon Valley wages are down for everyone but the top... by snovv_crash on Sunday October 14, 2018 @02:38PM (#18214356)
I've seen several engineers who make more work for other people to fix than they contribute in progress themselves. Sometimes it is by bikeshedding on code reviews, other times by choosing some pet architecture/technology for a project which everyone else has to waste time learning about and/or migrating to, or by putting something in that bottlenecks all development of a critical codebase through only them, leading to people getting constantly blocked. Then again, these have been great lessons for me in what not to do, and what to recognize as red flags.
Re:In Silicon Valley wages are down for everyone but the top... by bryanrasmussen on Sunday October 14, 2018 @03:12PM (#18214566)
yes, they make more work for other people to fix than they contribute, but they don't make more work to fix than the people who are making work that fixes are doing. There is no -10x engineer, hardly even any -1x engineer - probably the worst you find are -.5 engineers.

In fact I knew a guy whose effect on a project was to wipe out several years of progress but to be fair he was not a -.5 engineer, in some ways it was just the bad chance that led to him having such a detrimental effect, in another scenario he might very well have been a +2 or more engineer.

Re:In Silicon Valley wages are down for everyone but the top... by snovv_crash on Monday October 15, 2018 @01:45AM (#18217657)
I saw -10x: they chose some crazy architecture for something then dug their heels in. The two people who historically got all the work done, both about 5x, decided to quit because of this. So now the work still needed to be done, in the crazy architecture, without the two best engineers, and on top of that time needed to be spent on hiring. Go forward a year and the progress the company made was probably less than it would have in a month before the fancy new architecture was introduced, and the loss of talent.

Additionally I've seen managers/HR demotivate a team of 5 so thoroughly that nobody got work done for 2 weeks. That is -5x from a single meeting.

Re:In Silicon Valley wages are down for everyone but the top... by monsieurbanana on Sunday October 14, 2018 @05:56PM (#18215681)
Any bad engineer in a position of architect or similar can easily destroy the efficiency of a full team. Hell, of the whole company.
Re:In Silicon Valley wages are down for everyone but the top... by BurningFrog on Sunday October 14, 2018 @02:26PM (#18214287)
It's also filled with many more startups that lost $20M, mostly in engineer wages, and died unsung deaths.

Bad engineers do bring negative productivity to a team. Hard to say how common they are.

Re:In Silicon Valley wages are down for everyone but the top... by anothergoogler on Sunday October 14, 2018 @03:35PM (#18214756)
Implying that those startups failed due to engineer negligence and not due to strategic business blunders.
Re:In Silicon Valley wages are down for everyone but the top... by BurningFrog on Sunday October 14, 2018 @09:21PM (#18216741)
My main point was completely different:

You can't claim engineers are exploited because some cherry picked tech companies make huge profits. You have to look at the tech sector as a whole, including the parts that lost untold billions while the famous ones raked them in.

Re:In Silicon Valley wages are down for everyone but the top... by BurningFrog on Sunday October 14, 2018 @06:10PM (#18215771)
I didn't mean to imply that at all.

Though of course that is sometimes a factor.

Re:In Silicon Valley wages are down for everyone but the top... by vonmoltke on Sunday October 14, 2018 @05:28PM (#18215477)
> And a bad engineer can destroy as much.

Often claimed, rarely proven. Usually in those cases it's actually management doing the value-destroying, by either misallocating people or refusing to act on removing bad engineers.

Re:In Silicon Valley wages are down for everyone but the top... by tootahe45 on Sunday October 14, 2018 @06:26PM (#18215874)
If you have a good engineer who is constantly tutoring the bad instead of building things, then you are losing a good portion of value (the $10m that would've otherwise been created) by the good engineer. This is not as big a problem for Google with thousands of engineers but is a huge problem in smaller startups.
Re:In Silicon Valley wages are down for everyone but the top... by drb91 on Sunday October 14, 2018 @02:51PM (#18214426)
It would have to be an extraordinarily bad engineer to actively remove revenue consistently. You can also hedge against this with disaster recovery.
Re:In Silicon Valley wages are down for everyone but the top... by hamandcheese on Sunday October 14, 2018 @03:31PM (#18214714)
There are a number of people I see consistently in the commit logs at work and I am quite confident that they have created more than a handful of new jobs each. So while they didn’t directly remove revenue, these people have an astonishingly bad ROI.
Re:In Silicon Valley wages are down for everyone but the top... by drb91 on Sunday October 14, 2018 @04:11PM (#18215014)
This is true. The performing engineers are underpaid; the underperforming ones should be trained or fired.
Re:In Silicon Valley wages are down for everyone but the top... by bacon_waffle on Sunday October 14, 2018 @03:25PM (#18214659)
How about the good engineer, employed to design the wrong thing?

I feel like I've put good quality engineering work, in to projects that were completely wrong-headed in the bigger picture, and thereby lost the company money.

Re:In Silicon Valley wages are down for everyone but the top... by drb91 on Sunday October 14, 2018 @05:26PM (#18215465)
This seems more of an issue with where the company invests resources than to the engineer themselves.
Re:In Silicon Valley wages are down for everyone but the top... by bacon_waffle on Sunday October 14, 2018 @08:29PM (#18216494)
I agree; my point was just that the "goodness" of an engineer doesn't necessarily relate to their impact on revenue.

In the particular situation I was thinking about above, it actually could've been better from a business perspective had I not been as "good" of an engineer. I took over a project that was simply not working at a technical level - it was a DSP-based thing, and the chosen DSP appeared not to have enough oomph. I managed to optimise the electronics and firmware enough to make it go, so it went on to production and AFAIK (I'm no longer at that company) has been a money pit ever since. The other possibility was a redesign with a burlier DSP, but I'd bet that the project would've been cancelled instead.

Re:In Silicon Valley wages are down for everyone but the top... by Spooky23 on Sunday October 14, 2018 @02:00PM (#18214150)
The average engineer is average, and isn’t producing massive multiples of revenue.

The reality is that lots of waste and bullshit is obscured by growth. Once that train stops, reality bites.

Re:In Silicon Valley wages are down for everyone but the top... by TangoTrotFox on Sunday October 14, 2018 @02:18PM (#18214236)
A limiting factor on salaries is competitiveness. It doesn't matter how much value you produce if somebody else is able and willing to do the same work, of comparable quality, for less pay. And as there has been a huge push to get more people into computer science, over time I expect we'll see compensation for such work begin to decrease, not increase. The only way this would end up being not true is if proportionately more desirable jobs emerge than the push to bring more people into computer science manages to achieve.
Re:In Silicon Valley wages are down for everyone but the top... by dgoldstein0 on Sunday October 14, 2018 @04:13PM (#18215023)
And if you pay each person for their marginal impact on revenue, many business models wouldn't work. E.g. the engineer can only drive another $1m+ because marketing and product management and support staff and everyone else are also doing their jobs. If you pay for marginal impact, you'd have to give the same dollar to multiple employees.
Re:In Silicon Valley wages are down for everyone but the top... by _ppnw on Sunday October 14, 2018 @04:11PM (#18215012)
absolutely. the problem is there are cheaper engineers abroad and tech CEO's only care about their personal wealth, not those of their employees.
Re:In Silicon Valley wages are down for everyone but the top... by accnumnplus1 on Sunday October 14, 2018 @01:15PM (#18213926)
On less than half that in London, if that's any consolation.
Re:In Silicon Valley wages are down for everyone but the top... by barbecue_sauce on Sunday October 14, 2018 @02:00PM (#18214153)
But at least you have chippies and kebab shops. Don't take that for granted.
Re:In Silicon Valley wages are down for everyone but the top... by user5994461 on Sunday October 14, 2018 @02:32PM (#18214319)
There are hardly any kebab shops in London.
Re:In Silicon Valley wages are down for everyone but the top... by newhere420 on Sunday October 14, 2018 @02:57PM (#18214472)
You're kidding right? https://i.imgur.com/GapKBh1.png And I know from experience living in that area that Google Maps is lacking a great many of the local kebab shops.
Re:In Silicon Valley wages are down for everyone but the top... by user5994461 on Sunday October 14, 2018 @03:08PM (#18214533)
I've tried a few of these and they don't do kebabs. I think the word designates different foods to different people.
Re:In Silicon Valley wages are down for everyone but the top... by microtherion on Sunday October 14, 2018 @03:40PM (#18214799)
My understanding is that "Kebab" as such simply means "meat". In continental Europe, "Kebab" is often short for "Döner Kebab" (meat sliced off a central rotating skewer in thin shavings), while in the US, it seems to usually stand for "Shish Kebab", (skewers of meat cubes served on a plate either with or without the skewers).
Re:In Silicon Valley wages are down for everyone but the top... by user5994461 on Sunday October 14, 2018 @04:14PM (#18215044)
Thank you very much. From what I'm used to, kebab would be a doner kebab in a wrap/sandwich. There are very few places doing that in London.

https://en.wikipedia.org/wiki/Doner_kebab

Re:In Silicon Valley wages are down for everyone but the top... by barbecue_sauce on Sunday October 14, 2018 @02:53PM (#18214441)
There are over 15, according to Foursquare.
Re:In Silicon Valley wages are down for everyone but the top... by CalRobert on Sunday October 14, 2018 @05:25PM (#18215459)
Ah thanks but I don't really need consolation, I knew what I was doing when I left California. Also I sometimes don't understand why we don't get more Brits over here in Ireland since we seem to have somewhat better pay.
Re:In Silicon Valley wages are down for everyone but the top... by tootahe45 on Sunday October 14, 2018 @06:18PM (#18215829)
Sounds pretty decent for London, I was appalled at what some of the game companies were offering over there when I last checked.
Re:In Silicon Valley wages are down for everyone but the top... by toyg on Sunday October 14, 2018 @02:22PM (#18214266)
Anywhere else in UK the average is less than a half of your half.
Re:In Silicon Valley wages are down for everyone but the top... by user5994461 on Sunday October 14, 2018 @02:35PM (#18214338)
And the rent is less than half of that.
Re:In Silicon Valley wages are down for everyone but the top... by toyg on Monday October 15, 2018 @03:55PM (#18223109)
What rent? We actually own our house ;)
Re:In Silicon Valley wages are down for everyone but the top... by tootahe45 on Sunday October 14, 2018 @06:16PM (#18215816)
It sounds weird because it's an anonymous forum, but it's pretty common for people to lie to fit in, especially when there's no way of verification.
Re:In Silicon Valley wages are down for everyone but the top... by tomcam on Monday October 15, 2018 @02:26AM (#18217784)
When you figure out pension, health, and other benefits, teachers compete favorably with developers in many parts of the country.
Re:In Silicon Valley wages are down for everyone but the top... by claydavisss on Sunday October 14, 2018 @01:57PM (#18214138)
Give me three+ months a year off, every year, and I will gladly take less pay.

It is not sensible for a teacher to make the same as someone who works fifty weeks a year.

Re:In Silicon Valley wages are down for everyone but the top... by wonderwonder on Sunday October 14, 2018 @02:22PM (#18214268)
I understand what you are saying but I would argue that few jobs have as much of a long term economic impact as teachers. They serve as child care during the day allowing parents to work. They teach and care for children who then grow up to be wage earners and business starters. The quality of their future work and the direction they take can often be linked directly to the quality of education they had in elementary through high school.

Living in a district with poor quality schools strongly encourages those that can afford it to send their kids to private school (me included). I am very not rich. The money I spend on private school would allow me to start a business, retire early, donate to charity or any number of things. The quality of local teachers and schools has a massive impact on my financial well being. I would gladly pay more in taxes to raise the quality of public education if it allowed me to save on private school. Sadly public education in many areas is very weak and the low teacher pay as well as the general lack of respect causes many people that would make excellent teachers to seek employment in other fields. Our children, economy and nation suffer as a result.

Re:In Silicon Valley wages are down for everyone but the top... by Redoubts on Sunday October 14, 2018 @02:30PM (#18214310)
> It is not sensible for a teacher to make the same as someone who works fifty weeks a year.

This is a dumb way to value things.

Re:In Silicon Valley wages are down for everyone but the top... by twunde on Sunday October 14, 2018 @02:20PM (#18214244)
How much less pay would you be willing to take? 50%? 75%? Teacher salaries in San Francisco range from 61-81k a year (this includes teachers master's degree). See https://www1.salary.com/CA/San-Francisco/Public-School-Teach...
Re:In Silicon Valley wages are down for everyone but the top... by djrogers on Sunday October 14, 2018 @06:15PM (#18215805)
That’s crazy - you can move 20 odd miles away and make a lot more and have cheaper housing:

https://www.dublin.k12.ca.us/site/handlers/filedownload.ashx...

Re:In Silicon Valley wages are down for everyone but the top... by taneq on Sunday October 14, 2018 @05:39PM (#18215551)
Those months aren't "off", they're spent doing course prep, professional development, and other admin tasks. And during the school term, teachers spend at least a couple of unpaid hours a day on marking and lesson prep. And their contact time is spent wrangling a large group of immature psychopaths who don't want to be there.

It's not as tough as some teachers make out but it's nowhere near as cruisy as it looks from the outside, either.

Re:In Silicon Valley wages are down for everyone but the top... by kraftman on Sunday October 14, 2018 @02:37PM (#18214352)
You could take 3 months off a year and still earn more.