Unsustainable industry growth?

Leidos / Eng lfeY53
Feb 10 8 Comments

Right now SWEs are paid highly.. is that sustainable for FAANG? If competition gets tighter and margins get smaller, won't SWE salaries be one of the first costs to be dropped?

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TOP 8 Comments
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    • Uber
      TC || ๐Ÿ‘‰

      Uber

      PRE
      Google
      TC || ๐Ÿ‘‰more
      Nostradamus reborn!
      Feb 10
    • Google / Eng Mr Glass
      False. Only schmucks feel confident in their doomsday recession forecasts. If you could really time the market you'd be a billionaire
      Feb 10
  • Depends on housing
    Feb 10 1
    • Leidos / Eng lfeY53
      OP
      How so?
      Feb 10
  • Half of the compensation is from stocks. If stock not performing well, defined will impact the take home pay. It will happen during recessions.
    Feb 10 0
  • New DuQvV7x
    Of course not.

    We are where skilled labor, auto workers, defense contractors etc. used to be.

    Doesnโ€™t mean it wonโ€™t last decades, but eventually (if you live long enough) new winners emerge.
    Feb 10 0
  • Apple
    diting

    Apple

    BIO
    Someone who thinks that if you fill out a profile in detail it is hardly blind.
    ditingmore
    Software people get paid a lot for three reasons: 1. There arenโ€™t enough of them. 2. They are critical for producing the things companies sell. 3. The incoming numbers is growing slower than the increasing need. Factor in that there is essentially zero marginal cost to making more software. The factors that you describe would make it more important to pay for good software people. On the other hand, a zillion more H1Bs would put downward pressure on salaries
    Feb 10 0
  • VMware UWXW83
    Yes, and when recession hits, time to buy stocks on sale. Most software devs working last 10 - 15 years are coasting right now anyways.
    Feb 10 0