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Re:I am sick and tired of hearing tech companies complain ab... by ditonal on Wednesday May 19, 2021 @01:22AM (#27204866)
Yes, a new grad "feeling lowballed by 200k" was hyperbole because I waste too much time on Blind. But FAANG new grad TC is pushing that number, which is a stark contrast to my new grad numbers ~2010. But it was probably confusing for me to phrase it that way.
Re:I am sick and tired of hearing tech companies complain ab... by throw5away on Wednesday May 19, 2021 @12:51PM (#27211218)
I had $200k+ TC new grad offers from FAANGs in 2013, and one of them wasn't even for a role in the Bay Area. It's not a stark contrast at all. The market has been consistently willing to pay strongly for new talent.
Re:I am sick and tired of hearing tech companies complain ab... by bradlys on Wednesday May 19, 2021 @01:30AM (#27204920)
Cost of living is also wildly different since 2010 though too.
Re:I am sick and tired of hearing tech companies complain ab... by missedthecue on Wednesday May 19, 2021 @01:34AM (#27204943)
Widly? I don't think there's ever been a decade of lower inflation. It's certainly not 4x as expensive as then
Re:I am sick and tired of hearing tech companies complain ab... by jjav on Wednesday May 19, 2021 @02:38AM (#27205332)
Wildly is about right. The last decade has been the highest real world inflation I've experience in my life and I'm not particularly young anymore so been around for a while.
Re:I am sick and tired of hearing tech companies complain ab... by anonymoushn on Wednesday May 19, 2021 @01:38AM (#27204981)
looks like the cost of housing in Palo Alto has more than doubled: https://julianalee.com/palo-alto/palo-alto-statistics.htm

Edit: This is to say, the cost of housing has grown faster than the compensation available to new grads.

Re:I am sick and tired of hearing tech companies complain ab... by nasalgoat on Wednesday May 19, 2021 @11:17AM (#27209878)
Have you bought a gallon of milk or any beef lately?