https://h1bsalary.online/index.php?searchtext=BLOOMBERG%20LP search for "agile scrum master". These guys are on like 230k base. The bonus is usually another 35-50k cash here at Bloomberg so their TC is like 270. Can somebody tell me what they really do that warrants such TC?
And salary is also a function of yoe even if job responsibility stays the same.
Some people talk their way into things
Try herding cats and see how much you think it's worth.
Salary and difficulty of the job have either no correlation or inverse correlation in the real world.
It's stupid and it's mostly because scrum masters are previous SWE or managers so they command a high salary due to experience
I can tell you none of them in my company has such background. They are mostly ex QA, BA, project (not product) managers and I saw a few people were photographers.
At Expedia we have technical program managers (TPM) that do scrum master work and other project planning work. It's mostly jira story planning shit, but since it's considered a 'technical' role they get paid like SWEs
The proper name for "scrum master" is "dumb master." I've been wondering the same thing. Scrum masters at Bloomberg are completely useless. I'm honestly enraged that they are paid this much. All they do is move tickets around during meetings, and draft quarterly timelines that are never followed. Scrum at Bloomberg is also completely useless. At least on my team, it's nothing more than an opportunity to talk up your work as much as possible, in hopes that your TL will give you a better stack rank than your teammates.
SCRUM is intended to guide and motivate low- to mediocre engineers by prescribing each task in mind-numbing detail and as easily digestible 2-3 day morsels while letting them believe the team makes all the decisions (in reality, everything is dictated by the leadership and/or the product owner). Nevertheless, a good Scrum master can be useful to a team as an impartial mediator and facilitator skilled in guiding the discussion. This helps the team jell and makes work more fun. People who are really good at this rarely stay Scrum masters for long, so career Scrums are what's left at the bottom of the barrel :-)
Its a function of demand and supply.