Re:Wall Street grudgingly allows remote work as bankers dig in
by erik_seaberg on Wednesday November 24, 2021 @01:54PM
(#29333675)
Most of tech either isn’t remote or hasn’t been for very long, so strong candidates with large scale prod experience are still concentrated in markets where these skills are most valued and attainable. If you want those candidates, you have to compete with offers from local big tech.
[ Parent
| on HN ]
Re:Wall Street grudgingly allows remote work as bankers dig in
by disgruntledphd2 on Thursday November 25, 2021 @07:22AM
(#29340724)
> strong candidates with large scale prod experience are still concentrated in markets
As I keep asking when this comes up, if this is true then why are salaries for FAANG engineers so much lower in London? London, as you may know is 100% not cheap, and yet salaries there for FAANG tech people are approximately 50% of those in SF/US.
Re:Wall Street grudgingly allows remote work as bankers dig in
by wyclif on Thursday November 25, 2021 @10:22PM
(#29347251)
Because in the UK (where all of my ancestors are from) they don't value software engineers like they do in the US.
Re:Wall Street grudgingly allows remote work as bankers dig in
by erik_seaberg on Friday November 26, 2021 @12:02AM
(#29347598)
In the 1990s we were paid and managed like accountants. When the Web went mainstream, Bay Area VC companies created a sudden shortage which slowly spread.
Re:Wall Street grudgingly allows remote work as bankers dig in
by wyclif on Friday November 26, 2021 @04:11AM
(#29348585)
ISTM that the main cultural difference is that UK companies consider developers as cost centers, not profit centers. Therefore, the bean counters have an incentive to either eliminate us or consider us as interchangeable cogs in the system.
Re:Wall Street grudgingly allows remote work as bankers dig in
by disgruntledphd2 on Friday November 26, 2021 @06:13AM
(#29349176)
But FAANG do. So why don't they raise salaries?