News for hackers. Stuff that matters.
Re:Wage Stagnation by treis on Tuesday February 26, 2019 @11:35AM (#19255733)
>I know several programmers that are many times more productive than their peers, when compared to least-performing peers it's easily 10-20x. They make a little bit more, I'd guess 20-30%.

I'm not saying the system is perfect at identifying who's the 10x engineer and who's the bum. But once identified there is definitely a gap in pay roughly equivalent to the difference in production.

Re:Wage Stagnation by ultraluminous on Tuesday February 26, 2019 @12:14PM (#19256217)
Which system is identifying the 10x engineer? What generates that gap in pay? It sorts of sounds like you are trying to fit reality into a model and not vice versa.
Re:Wage Stagnation by treis on Tuesday February 26, 2019 @02:44PM (#19257646)
>Which system is identifying the 10x engineer?

The compensation scheme at companies that employ them.

>What generates that gap in pay?

All companies are different but it's typical a difference in grade or rank.

Re:Wage Stagnation by distances on Thursday February 28, 2019 @02:38PM (#19274345)
Sorry for a late reply. In most companies outside the US nobody, not even the CEO, makes 10x the income of an average low-performing engineer. A high performer has a chance of getting a respectable salary only by rising to CTO or similar roles, which obviously require skills other than just project contribution.

There is literally zero chance a high performer would get even 3x salary compared to their peers. Those pay ranks simply do not exist.