There are a lot of things that I cannot grasp, that are still true.
I know of one Big Five tech company where the lowest pay bracket for permanent-position software engineers is $110k USD base salary, plus substantial annual bonus and liquid stock (roughly $150k total comp, plus perks). Interns get less base and no bonus/stock, I think.
If we assume that all of the Big Five are within 20% of that, and if we also assume that every startup wants to hire "only the best" (or, more realistically, every startup wants to credibly lie to themselves that they do so), what do you figure they need to pay to get anybody taking their jobs seriously?
Market forces, friend.
Note that these are not salaries that apply to any ol' schlob who can sling a little HTML and got Apache running that one time, this isn't 1998.
I know of one Big Five tech company where the lowest pay bracket for permanent-position software engineers is $110k USD base salary, plus substantial annual bonus and liquid stock (roughly $150k total comp, plus perks). Interns get less base and no bonus/stock, I think.
If we assume that all of the Big Five are within 20% of that, and if we also assume that every startup wants to hire "only the best" (or, more realistically, every startup wants to credibly lie to themselves that they do so), what do you figure they need to pay to get anybody taking their jobs seriously?
Market forces, friend.
Note that these are not salaries that apply to any ol' schlob who can sling a little HTML and got Apache running that one time, this isn't 1998.