I've been surprised at how many people think it's reasonable for companies like Lyft and Google to cut intern pay IME, opportunity cost of having senior devs ramp up interns dominates monetary cost, making intern pay cuts pointless https://news.ycombinator.com/item?id=23047687 … https://news.ycombinator.com/item?id=22954012 …
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This suggests companies are extremely non-profit maximizing? Hard to believe IMO. I think interns are widely acknowledged to have negative productivity, but junior dev are mostly producing more than they’re paid 6 months in.
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I've never worked for a company > 125 people that behaved semi-rationally, I don't see why anyone should think that companies behave anything like profit maximizing entities. https://danluu.com/bad-decisions/ https://danluu.com/algorithms-interviews/ … https://danluu.com/tech-discrimination/ … https://thezvi.wordpress.com/2019/05/30/quotes-from-moral-mazes/ … etc.
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I worked at a company that only hired senior devs or junior devs who needed little to no guidance (people who needed guidance were fired). That was the most productive company I've ever seen, the only team where I've encountered similar productivity is my current team, which
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is full of senior devs (plus one younger dev who needs little to no guidance). We do take interns, I think PhD interns often don't need much guidance and can be a practical win, I view mentoring undergrad interns as something we do for non-pragmatic reasons.
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Under some assumptions, I wouldn't necessarily disagree, but my subjective impression is that the number of companies where a senior IC can ship seemingly trivial optimizations that save 7+ figures annually is very small. Let's even say "up to a three month project".
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The number of companies where a significant % of ICs have that opportunity, rather than those on teams where such improvements are more likely to be found (i.e. infra), can be counted on one hand.
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