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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. Saku Panditharatne‏ @asteroid_saku 9 Feb 2018
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      The programmer supply: "It’s also possible that enrollment continues to lag behind demand by a decade and that record enrollments are just keeping pace with demand from a decade ago, in which case we might expect elevated compensation to persist" https://danluu.com/bimodal-compensation/ …

      1 reply 2 retweets 14 likes
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    2. Saku Panditharatne‏ @asteroid_saku 9 Feb 2018
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      I agree! I also wonder why there is such a bizarre obsession with "salaries becoming bimodal". That has been predicted so many times but never happens -- what you do get is a power law distribution [like in sports].

      2 replies 2 retweets 11 likes
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    3. Stian Westlake‏Verified account @stianwestlake 9 Feb 2018
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      Replying to @asteroid_saku @sknthla

      I'd heard the "CS salaries are bimodal" thing so often I assumed it was true now. Is it not?

      1 reply 0 retweets 1 like
    4. Saku Panditharatne‏ @asteroid_saku 9 Feb 2018
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      Replying to @stianwestlake

      I think it's only bimodal if you throw in sysadmins & routine SQL administration, stuff that is basically a different job

      2 replies 0 retweets 2 likes
    5. Patrick McKenzie‏ @patio11 9 Feb 2018
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      Replying to @asteroid_saku @sknthla @stianwestlake

      Polite disagree: there are plenty of people in e.g. middle America doing programming at the likes of insurance companies, government agencies, manufacturers, etc who in the $45k to $70k range and who are, without question, doing software engineering.

      1 reply 0 retweets 5 likes
    6. Saku Panditharatne‏ @asteroid_saku 9 Feb 2018
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      Replying to @patio11 @stianwestlake

      So this bimodal thing is a location thing?

      2 replies 0 retweets 0 likes
      Patrick McKenzie‏ @patio11 9 Feb 2018
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      Replying to @asteroid_saku @sknthla @stianwestlake

      Partially location and partially industry, in that I would expect an HFT developer in Chicago to get compensated like an HFT developer in NYC but I would expect a web developer for a Chicago Internet marketing firm to aspire to some day get $70k.

      12:36 AM - 9 Feb 2018
      • 1 Retweet
      • 8 Likes
      • Mohammad bin Ra’s Al Ghul Franklin He Travis Cooper Argus Corona Rico Tikhon Bernstam Bruce Parker Nick Arner Saku Panditharatne
      2 replies 1 retweet 8 likes
        1. New conversation
        2. Saku Panditharatne‏ @asteroid_saku 9 Feb 2018
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          Replying to @patio11 @stianwestlake

          This makes me wonder if "between firm differences in productivity" is as much about distribution/reach as it is about techniques

          2 replies 0 retweets 5 likes
        3. Patrick McKenzie‏ @patio11 9 Feb 2018
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          Replying to @asteroid_saku @sknthla @stianwestlake

          Patrick McKenzie Retweeted Patrick McKenzie

          I wrote about it here once. https://twitter.com/patio11/status/818702768537890817 … I think firm-specific productivity is part of the story, but only part of it. It is my impression that there are firms which hire from both humps; banks, entertainment companies, etc.

          Patrick McKenzie added,

          Patrick McKenzie @patio11
          I think many folks inside the industry and out fail to understand how there are at least two tracks in engineering jobs.
          1 reply 1 retweet 2 likes
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        2. Iron Economist‏ @IronEconomist 11 Feb 2018
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          Replying to @patio11 @sknthla @stianwestlake

          My experience is that getting paid the big bucks in software is more about having access to valuable IP and trade secrets than it is about your skill. If you work on Google Search you get paid at a level that means you won’t leave and found a competitor.

          1 reply 0 retweets 1 like
        3. Iron Economist‏ @IronEconomist 11 Feb 2018
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          Replying to @IronEconomist @patio11 and

          Similarly if you work at a hedge fund or something you will get paid 3-5x the market rate for your skills purely because the code you work on represents extremely valuable IP and they want you never to work anywhere else.

          1 reply 0 retweets 0 likes
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