Are we in a salary bubble?

New / Eng
Cosy

New Eng

 Cosy
Aug 16, 2021 25 Comments

In 2001 tech salaries experienced similar levels of inflation that we see today.

Seems like everyone and their dog is earning 200K now, even frontend developers who simply move buttons and write CSS.

On one hand, it makes sense due to the enormous evaluations of tiny tech companies.

But on the other hand, with 10s of thousands of people entering the industry, experienced devs will be a dime a dozen in 1-3 years.

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 TOP 25 Comments
  • FYI. I am a full stack engineer currently working as backend. Had worked in front end before. If you think front end is just about moving buttons, and that the backend work that u do is probably a "Complex engineering problem" ....ur just ignorant...
    Frontend is easy to learn, hard to master.. It is as complex as backend is, but many ignorant engineers and leaders fail to see and recognize it.

    I have seen hundreds of engineers that understand java/c# really well, but hardly handful who understands javascript concepts. Front end some times is a lot harder and more complex than backend. and if think building good backend is alone enough, ur still living in early 2000s
    Aug 16, 2021 7
  • VMware
    naanavanal

    Go to company page VMware

    naanavanal
    Its TC bubble due to stock market bubble. Not salary bubble.
    Aug 16, 2021 4
    • New / Eng
      Cosy

      New Eng

       Cosy
      OP
      ?
      Aug 17, 2021
    • You have a serious reality distortion field
      Top companies do pay
      Middle of the road companies really rarely cross the 150-200k lines
      Aug 18, 2021
  • no. you’re looking at a subset of folks who are in the top few companies in the world. plus engineers are still dramatically underpaid
    Aug 16, 2021 1
  • New / Eng
    ataltitude

    New Eng

    PRE
    Agari, Cisco
     ataltitude
    Everyone and their dog isn't earning $200k, not even in tech. Don't confuse FAANG with the entire industry.
    Aug 16, 2021 0
  • Amazon
    ichimoku

    Go to company page Amazon

    ichimoku
    Your understanding of front end developers is totally wrong. You are confusing them with UI folks
    Aug 16, 2021 0