Panic at the Job Market

Re:Panic at the Job Market by ryandrake on Wednesday July 17, 2024 @01:38PM (#40988315)

HN commenters do this all the time, though. They'll take, say, an "L6 Google + Bay Area + Top End + Most Favorable Stock Market" compensation number, and then say "Most tech employees make this much."

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Re:Panic at the Job Market by lesuorac on Wednesday July 17, 2024 @01:59PM (#40988554)

What number is that?

Because like L3 is 200k so I'm not sure if you're seeing people post 600k as a reference point or 200k.

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Re:Panic at the Job Market by mcguire on Wednesday July 17, 2024 @03:07PM (#40989239)

Annual mean wage for Software Developers, 2023, according to the BLS:

                     Metropolitan areas with the highest employment level in Software Developers
    Metropolitan area                  Employment  Employment     Location   Hourly    Annual
                                                   per 1000 jobs  quotient   mean wage mean wage
    New York-Newark-Jersey City,...    119,010     12.53          1.15       $ 73.12   $ 152,100
    San Jose-Sunnyvale-Santa Clara, CA  96,590     84.60          7.75       $ 96.06   $ 199,800
    San Francisco-Oakland-Hayward, CA   83,920     34.65          3.18       $ 87.13   $ 181,220

https://www.bls.gov/oes/current/oes151252.htm

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Re:Panic at the Job Market by ryandrake on Wednesday July 17, 2024 @02:27PM (#40988825)

The numbers HNers claim to be "usual compensations" change every year, but they are almost always what would be a top compensation for a top employee at a top faang in a top cost-of-labor locale in a rapidly rising bull market.

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Re:Panic at the Job Market by morgante on Wednesday July 17, 2024 @03:01PM (#40989173)

Still, L10 is patently ridiculous. He is not L10.

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