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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Patrick McKenzie‏ @patio11 21 Sep 2019
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      An under remarked-upon trend: SFBA/NYC engineering wages are starting to drive engineering wages in the rest of the US as these companies open other US hubs and print remote offers, in both cases keeping salaries in relatively tight bands for e.g. internal fairness reasons.

      11 replies 28 retweets 224 likes
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      Patrick McKenzie‏ @patio11 21 Sep 2019
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      If you were going strictly by geographical market standards you could have a $200k new graduate in SFBA reporting to a 15 year veteran EM making, hmm, $120k or so in Chicago, but since nobody can tolerate that, that EM gets offered $250k.

      8:47 PM - 21 Sep 2019
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      5 replies 3 retweets 44 likes
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        2. Patrick McKenzie‏ @patio11 21 Sep 2019
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          "Are there enough engineers from SFBA companies for this to matter nationally?" There are approximately 3 million software engineers in the US and approximately, finger to wind, 300k work for AppAmaGooBookSoft alone, and that number increases by 50k per year.

          3 replies 3 retweets 45 likes
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        3. Patrick McKenzie‏ @patio11 21 Sep 2019
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          The modal software engineer in the US is still working for a digital marketing agency or midwestern insurance company but capitalism is starting to say "Look if you can paint pixels on a web application and you presently work in a cost center, that's unacceptably inefficient."

          5 replies 12 retweets 96 likes
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        4. End of conversation
        1. Jon Wood‏ @JellybobUK 22 Sep 2019
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          Replying to @patio11

          I’m seeing similar things in the UK with London companies. Know a lot of people working remote for 2-3x the salary paid by local digital agencies and IT teams.

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        1. Dan Chapman‏ @thatdanchapman 22 Sep 2019
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          Replying to @patio11

          But the big tech companies do exactly this, no? At least Google did when I worked there

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        1. Zack White  👨🏼‍💻‏ @zackerytwhite 22 Sep 2019
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          Replying to @patio11

          Seeing some of this in Columbus, GA MSA. Companies getting tired of losing great engineers to ACME Startup Co. are increasing salaries and making pay band adjustments every few years.

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        1. Daniel Feldman‏ @d_feldman 8 Nov 2019
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          Replying to @patio11

          The rapid increase in salary can kill older companies They can't afford to double EVERYONE's salary, they can't find new grads who will work for less than their current cohort of managers -> they can't hire qualified people and the company dies

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