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by ivanech
697 days ago
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I found all the napkin math in this befuddling. I’m not sure where these “per day” benchmarks are coming from -— is this supposed to be executive pay or mid-level/senior engineer pay? Because $5k - $10k / day works out to $1m - $3m / yr (depending on if you use 200 working days / yr or just 365). Which, yes, happens (esp with good year of stock appreciation) but is not as common as the prose makes it seem. Also these numbers come from companies like this? “These companies aren’t Google or Apple, but rather some tractor company or heavy manufacturing company just churning out results for year.” Seems unlikely! The post says they fly under the radar, but are there any examples? In general, non-tech companies pay software engineers significantly worse bc you’re a cost center And this footnote: “if you do the math using practical inflation and cost of living going up 7% to 13% per year” — if you’re going to claim extraordinary inflation over the last decade like that, please share how you arrived at the number! |
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I also think far more people leave faang altogether than reach VP level.