|
|
|
|
|
by jongjong
1429 days ago
|
|
I don't get it. I have a stellar resume and a proven track record in the public domain (open source but I've been struggling to find work and have accepted short term work for half my normal rate. There are so few opportunities, I had to switch to teaching people how to code. |
|
At one end of the spectrum I have a few friends who are tech employees at senior-to-executive levels in major tech centres in the US. The way they talk it sounds like any of them could easily get five offers within a week or two all for a huge amount of money via their networks.
At the other end of the spectrum I have other friends with broadly similar experience and skill levels who do freelance or contract work here in the UK. That market has been wrecked by IR35 and Brexit on top of the same COVID problems, global economic conditions and rampant inflation as everyone else. There are fewer opportunities now. Maybe 80% of those that remain require a strange contract arrangement where you get none of the benefits of being an employee but somehow end up paying all of the overheads of both an employee and a large employer. And the regulatory change happened across the whole industry literally overnight so with the smaller market as well there doesn't seem to have been enough competition to push rates up to compensate.
Unsurprisingly several of my friends in the UK have considered going back to being permanent employees or already made the jump. But then the only way to make even decent money by US standards in the UK was to be an independent or to start your own business. So basically we have people with 10 or even 20 years of experience who might be staff/principal engineer level or senior engineering managers but whose total comp is about the same as a newbie starting their first job at a FAANG in any US tech centre.
Both groups find it hard to believe what's happening to the other but that doesn't mean either is wrong. They're effectively operating in entirely different markets with entirely different constraints.