People who describe themselves as e.g. "product-focused engineer who spent last 10 years bouncing between startups and 'companies that issue RSUs'" have told me that no engineer in the US makes $45k. This is not a true statement.
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Many, many, many e.g. freelancers who work on websites for local businesses or engineers working at software companies in Europe believe that no material number of engineers make $400k. This is also not a true statement.
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How would you describe the sides?
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There exists a cluster of extremely high productivity firms (as an economist defines that term) where engineering is perceived as key competitive advantage & where talent is incredibly liquid. AppAmaGooBookSoft substantially overlaps with but is not coextensive with that cluster.
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I’ve wondered if the bimodal distribution of compensation for lawyers is part of the future of software jobs.https://abovethelaw.com/2018/06/the-most-important-chart-in-the-legal-industry-and-it-has-nothing-to-do-with-the-law/ …
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YES! I absolutely believe this parallel applies to software eng. For a lot of skilled professions with big $ at stake, this bifurcation is common. See: - pro sports - Hollywood / entertainment - law - bankers - (automation killing the lower crust, top-tier earners are up more)
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This divide is why I think a lot more engineers will opt out of the engineering ladder after 5-10 years to start their own niche businesses. If you're not on the more lucrative path from the start, it's very hard to switch over. But there's no gatekeepers for entrepreneurship.
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I would think there are actually bigger barriers for the less paid side, because of fewer savings and less self-confidence confidence in ability to find another well paying job if the business fails
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Is there any hope for an engineer who has chosen to live close to his family in a small city? Or is he destined for the lower rung?
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work remotely for a SaaS company, pay will be logarithmically between the bimodal peaks mentioned.
@spreedly (hi!)@stripe (OP!)@github@automattic@InVisionApp@HashiCorp etc. - 2 more replies
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