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Re:Actual is going open-source by junon on Friday April 29, 2022 @03:01PM (#31209321)
> If we're talking about people talented enough to actually build and ship their own apps independently, a $200K or more compensation package should be easy to come by remotely or in any medium size city.

I've been able to build and ship my own apps for almost a decade now and have never received an offer close to that, even in SF. Maybe things have changed in the last 5 years, but whenever I see the 200k figure I always have to scoff.

Re:Actual is going open-source by daenz on Friday April 29, 2022 @03:08PM (#31209426)
Sounds like the missing piece is the interviewing and negotiation skills. The money is there, you just have to convince them that it is in their best interests to give it to you.
Re:Actual is going open-source by junon on Friday April 29, 2022 @03:25PM (#31209612)
That was certainly not the problem.
Re:Actual is going open-source by motoxpro on Friday April 29, 2022 @04:07PM (#31210047)
If that wasn't the problem, sounds like you didn't have the right skills.
Re:Actual is going open-source by junon on Saturday April 30, 2022 @08:11AM (#31215429)
Ah yes, the lady at Uber who was being paid 250k who used Edit>Copy/Paste to paste lines of Python from Notepad into a REPL and got confused with extraneous whitespace errors in order to prove to me that some python doesn't work (even though it did) with a position of "Staff Engineer 1" certainly deserved it more than almost literally everyone else I've worked with.

Skillset has nothing to do with this problem.

Re:Actual is going open-source by daenz on Saturday April 30, 2022 @03:28PM (#31218534)
I think I know what the problem is now.
Re:Actual is going open-source by pcthrowaway on Friday April 29, 2022 @06:40PM (#31211429)
Please take a look at levels.fyi if you don't believe there are $200K offers available (caveat: I can only speak for US+Canada).

I'm an above-average-skill but ADHD / below-average-work-ethic software dev in Canada who just finished interviews and my highest offer was $150K USD. I only prepped algorithms for 1-2 months but have a feeling if I spent 4 months prepping, I'd be able to break into the mid to high 200K USD range. And this is well below what a lot of people are making in the U.S. according to levels.fyi and teamblind.com

I don't say this to make you feel bad, and I even agree that the average is of course lower (glassdoor says the U.S. average for software engineers is ~$108K USD though I suspect older data-points bring it down from the real figure).

But I think >70% of U.S.-based software engineers with >5 years of experience are capable of breaking into 200K USD if they spent 3-6 months preparing (depending on their degree of natural talent and abilities to learn, problem-solve, and retain information).

Of course, chasing TC is also not a fun treadmill to be on, so if you're comfortable, you should do what makes you happy :)

The point of this is to say that these numbers are very, very real, and even attainable for the majority of devs who set their sights on them, and it's kind of silly to scoff at them as you put it. The only important skills required are ambition, dedication, perseverance, and good research skills (which are among the most critical skills for software engineers anyway) to be able to navigate negotiations and the market.

Re:Actual is going open-source by PragmaticPulp on Friday April 29, 2022 @03:15PM (#31209502)
The software engineer hiring market is very trimodal:

There are companies that hire at average salaries. Usually targeting Radford database @ 50% or whatever numbers they think they can get away with paying.

The next cluster of companies pay well but not at FAANG levels. They pay somewhere around 80-90th percentile of salary data. They collect all of the best employees who either can't, won't, or don't want to get FAANG jobs.

Then the long tail of FAANG salaries occupies something like the 95th-99th percentile of salaries. These are the numbers you see on the levels.fyi homepage.

HN tends to over-emphasize the FAANG level salaries, but there are a lot of companies in the middle bucket that pay much better than average. You might have to network and work to find them, though. Staying at average or below-average companies too long can actually make your resume less attractive over time, so you have to put in some work to break out of the rut and into the higher paying companies.