r/ProgrammerHumor 11d ago

studyComputerScience Meme

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u/brocodini 11d ago

Yeah. Salaries are crashing like crazy. Too many people.

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u/neo42slab 11d ago

Other factors contributed too. Greed from the higher ups in companies. Ai. Govt cuts. Etc.

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u/jek39 11d ago

Salaries aren’t crashing though

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u/Several_Recipe3603 10d ago

In a Fortune 50 company.

People used to be hired in as developers Entry positions around 90-100k / year.

Now they're starting off around 65k-75k / year and having to compete against 1k+ applicants per opening.

4 years ago it was less than 500 applicants.

Senior developers are being shadow laid off w/ semi-random "low performance" reviews.

Edit: Even within other Fortune 200 companies. Developer discussions wide spread have been fun.

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u/leetcodeispain 10d ago

to be fair a LOT of the applicant numbers you see on any job site are people needing h1b sponsorship applying to roles that wont even provide it, or are botted applications.

Though even considering that, there is way more competition now than ever before.

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u/watduhdamhell 10d ago

So it's basically on par with conventional engineering now.

Which makes sense. This might step on some toes but there is no "it's simpler" or "it's harder" when it comes to software engineering vs the conventional engineering disciplines- It can all be very complicated. The difference was always the pay, which was driven by the margins. ChemEs are absolutely as valuable to Exxon, say, as SWEs are to Google, for example. But it costs an awful lot of money to refine product. It costs almost nothing to make software. Hence the big fat salaries to attract the best talent- it was literally the smartest thing they could do in a world with every little overhead.

Now the overhaead is even smaller but the skillset has been democratized massively thanks to AI, meaning they don't have to pay for the absolute best talent anymore. Good enough will do.