New York employers must include pay rates in job ads under new state law

Re:New York employers must include pay rates in job ads unde... by pc86 on Monday September 25, 2023 @09:53AM (#37643829)

If you want to use "software engineers" to describe everyone in the US who writes code, I don't think #1 is accurate at all. Half of the developers in the US make less than $100k/yr. Most of these people work for banks, small mom-and-pop companies that have 1-3 developers. Public companies with bigger teams who don't give stock to anyone below the VP level.

If your entire exposure to software development has been startup fantasy land where profitability doesn't matter yeah most of those companies are giving everyone stock down to the person at the front desk answering phones. That's the minority by every metric - number of companies, number of developers, total revenue, everything. I don't think anyone expects stock compensation unless they're artificially limiting their search to that type of company.

[ Parent | on HN ]

Re:New York employers must include pay rates in job ads unde... by shortrounddev2 on Monday September 25, 2023 @10:45AM (#37644672)

I can't speak for all engineers, but I've worked at mid-size companies, huge companies, and startups. At each one, I was granted stock options that I had no faith in the value of (and most of which actually declined in value). Many of my coworkers talked about their stock options as part of their TC though. My experience is probably not the norm though

[ Parent | on HN ]