Re:Tech Workers Deserve a Union: An Interview with Ethan Mar...
by LtWorf on Thursday September 14, 2023 @08:44AM
(#37508203)
> the average software developer eventually becomes a millionaire working a pretty cushy job
You mean their landlord becomes a millionaire doing absolutely no job whatsoever?
Re:Tech Workers Deserve a Union: An Interview with Ethan Mar...
by infinitezest on Thursday September 14, 2023 @08:52AM
(#37508307)
Do you have a source for the claim of the average software engineer becomes a millionaire? As a software engineer I would really like for you to be correct.
Re:Tech Workers Deserve a Union: An Interview with Ethan Mar...
by jandrewrogers on Thursday September 14, 2023 @09:23AM
(#37508679)
There are no definitive studies but reports I've seen suggest the typical software developer these days crosses that threshold about 20 years into their career. Something like 80% of all millionaires in the US are so due to 401k + savings, which is something software developers are exceptionally well positioned to easily take advantage of.
I know several non-software people in boring industries that managed to accumulate $1M in their retirement accounts by the age of 50 while living a non-austere lifestyle and making less money than the average software developer. It isn't that hard to do in the US. Anyone making above average wages with decent savings discipline can do it, the financial math makes that obvious.
Re:Tech Workers Deserve a Union: An Interview with Ethan Mar...
by FrustratedMonky on Thursday September 14, 2023 @12:03PM
(#37510737)
Millionaire?
That is some grade a BS.
How are you defining "getting nowhere"? At least in the US, the average software developer eventually becomes a millionaire working a pretty cushy job with good benefits. Most people in unions wish they could be exploited like software engineers.
Any bar set so high in defining worker exploitation that a software engineer can't clear the hurdle is not a constructive definition. If everyone is "exploited" then no one is.