[1] https://interviewing.io/blog/2022-layoffs-engineers-vs-other...
I’ll know myself in a couple of months…
The amount that Big Tech is willing to pay is correlated to the market supply of employees.
But I'm unconvinced that a very profitable company will decide to pay less than it can afford, in order to acquire the best engineering talent it can, when their revenue is directly linked to their engineering products.
The only thing that would make FAANG pay nosedive is if they made an organizational decision that they didn't want to prioritize software development.
So basically, if one of them decided to hire an Eddie Lampert type.
My story is that in 2020, I was 46 years old living in the 3200 square foot house I had built in 2016 making $150K (and getting offers locally for $170k) my wife was also working part time making around $25K in the school system.
We had more than “enough”. We went on two or three trips a year, had “date nights”, saving “enough” for retirement. I ignored every message from recruiters at BigTech. I actively didn’t want to work at any large company as a software developer nor did I want to move.
The only reason that the recruiter from Amazon Retail even piqued my interest was that when she suggested I do a slight pivot to “enterprise application modernization” cloud consulting.
The extra money is nice. But it really just ended up going into my bank account and didn’t make an appreciable difference in our lives besides “retiring my wife”.
I would have no problem going back to my (inflation adjusted) prior compensation.
https://bemorewithless.com/the-story-of-the-mexican-fisherma...
I know plenty of developers 40+ who would never give up their lives in the burbs of Atlanta (where I lived until this year) to move to the west coast.
Even now, I’m almost sure that the new college grads who I work with (and one that I mentored as an intern) that came in after I did at an L4 will be promoted to an L6 long before I will (if I ever get promoted). I actually told my manager and my skip manager that I don’t want to be an L6 or the responsibilities it entails. I’m already saving/investing every penny of my RSUs. My base salary is about the same as it was before I left “enterprise development”. My fixed expenses are actually lower
Heh Heh Heh
Wonder if your wife would look at her being retired as an appreciable difference? :D
By 2020 she was working for the school system part time on the school schedule.
I used the two year prorated signing bonus to pay off all of our debts, increase savings and reduce our expenses.
We also moved from the big house in the burbs of Atlanta to a smaller condo in Florida and we don’t pay state income taxes.
So yeah over the past three years I both increased my compensation and reduced our fixed expenses.
