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A comment on New Intel CEO rehiring retired CPU architects. Parent comment

Re:New Intel CEO rehiring retired CPU architects by throwaway0a5e on Thursday January 21, 2021 @02:40PM (#25863173)
It's not unheard of to give people who were party to the creation of some critical thing the company does pay that simply can't be matched elsewhere in order to make them stick around. Usually you pair it with a fancy title like "global architect" or some other mumbo jumbo like that. Pretty much any time you hear about someone making 500k+ without being personally responsible for the success or failure of a heck of a lot of stuff it's a role like that.

Think of it as a $200k salary with $500k of "just to ensure you won't find a better offer elsewhere" on top.

These aren't the kind of roles you can work your way into. You have to be in the right place at the right time and be there for a long time.

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Re:New Intel CEO rehiring retired CPU architects by necubi on Thursday January 21, 2021 @09:43PM (#25867673)
That's not true at all. Tons of people in Bay Area/NYC/Seattle are making $500k+ just for being relatively good at their jobs at a company that values software engineers. That's a typical Staff+ comp at a FAANG or similar company. You don't have to be some mythical engineering genius or be in the right place at the right time (to make it to $1MM+ probably does though).
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Re:New Intel CEO rehiring retired CPU architects by unclekev on Friday January 22, 2021 @04:02AM (#25869793)
> These aren't the kind of roles you can work your way into. You have to be in the right place at the right time and be there for a long time

Sorry for grammar. On mobile but wanted to quickly contribute.

I was incredibly lucky in my last role. Something I don't think I'll ever be able to match again.

When I joined the company as a sysadmin there were 30 staff, and they really liked the work I did and eventually they put me on this innovation incentive scheme that basically said "If you keep delivering innovative solutions and driving the technology direction in the way that you are, we will pay you a bonus of 1.5% of the profit made from e-commerce sales every 4"

At the time sales profit from e-commerce channels was about 250k for each period, so a very nice $3500~ bonus every 4 months.

When I left the company ~15 years later:

- 5000+ staff

- Had moved into a role managing a large team of sysadmins and was responsible for the technical innovation strategy/direction of the business overall.

- Same CEO and and my original "IT manager" was now the CTO who I still reported into.

- They kept me on the same bonus scheme for my whole time at the company.

- By the time I left online sales profit for each 4 month period was $50,000,000.

Right place, right time, right people.

:-)

I gave up a lot for that job and worked damn hard though. I let it consume me and ended up very unhealthy.

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