Do you think salaries like 250k- 500k, etc are sustainable in tech. Or we are hitting a bubble that soon will burst ?
It’s a shift of work force. Bankers on wall street have been enjoying this perk for a long time. Tech is more essential and this trend will not slow down anytime soon. It’s not bubble IMO, rather it’s a growing cocoon.
2000s: Finance 2010s: Tech 2020s: Fintech 😎
Keep ur skills up for lc and software engineering in general and let what happens to the market happen who cares
This. It'sore like how much you need than, how much you are lagging compared to peers
Web dev will burst first. The hardest problems in web dev are already solved (scaleability, distributive systems, …). We’re just code monkeys at this point.
Lol at Google, maybe true. You don't see or know the inner workings. But step outside and watch. Lots of problems aren't solved
Web3
250-500k is a very small percentage of tech positions, even in the bay area, many engineers are still making sub-200, let alone other roles. Worst case, if salaries for top performers go down, it makes founding companies more attractive.
Wow. I gotta be grateful then. Thought it was the norm for a lot of people
small percentage? what do you estimate this percentage to be? 10%? 5%?
Bubbles never burst. We’re going to the Moon and beyond, baby!
If there is a bubble, it will burst. But it will do so way after I’ve hit retirement age so 🤷🏻♀️
Inflation will catch up to the elevated salaries. The same potato is just gonna cost more. The increased salaries will just be an increase in the number, but meaningless.
Will slowdown when international hires / transfers return to pre pandemic level. This will increase supply and regulate demand!
I doubt it, immigration policy has only gotten worse
Agree with @msft. Could be wrong, but it feels like we're entering a long-term cycle of restricted immigration in the US (there have been a few of these in US history)
Very hard job no much skilled when it comes really to Algorithms and designing systems.
Tech may burst, but it always comes back.
Especially with all this web3 bullshit going around