Btw for those who don't know, this app is called Blind. It's where tech workers go to anonymously post. Also 700k TC is basically their yearly take-home pay, and it's a real number (see levels.fyi)
These people are disgusting, contributing nothing to society, not realizing how privileged they are, while the Lemmy devs live in poverty
This isn't a real thing. There aren't many softwares devs making 700k salary. I'd be surprised if that number reached dozens.
The very highest up (that I was aware of) at the 3 big tech companies that I worked at made about $500k, so $700k isn’t too far off. But they weren’t really coding much anymore. These people were making systems architecture and development decisions for huge systems. But there are definitely more of them than a few dozen. Across the field I would guess there are hundreds of engineers at that level, maybe thousands. I’m sure they make less money if they work at a smaller company, but they’d also likely get a much bigger piece of the pie in stock.
Welcome to the Bay Area.
Check out levels.fyi. 700k is Staff level at big tech here.
If you are going to take your angst at capitalism and point it at other workers, overpaid or no, you are both shooting yourself in the foot and undermining your own points. Point your anger at the owning class who makes magnitudes more money by doing and producing nothing, who actively works against your political aims, and generally makes the world a worse place.
I work with devs who make 500k plus and most of them are fairly progressive people who just got lucky with their choice of profession. They're not your enemy.
By encouraging this bullshit class fighting you're only doing what the truly wealthy want you to do. This is bullshit, his salary isn't that but it's probably that after compensation - which can easily be taken away by layoffs or whatever.
All you're doing is listening to rage bait and biting. Working class people shouldn't be infighting, we should be fighting against the owning class. This is just distraction.
You’re confusing salary for “total comp” which is stocks and equity in addition to salary, and isn’t worth shit until you cash it out.
Trust me, my “500k yearly tc” at the last place was worth only my salary… well below half of 500k. If the stock sucks, and your strike price is high, you ain’t making money.
Can’t load the images, but I’m sure I agree with your other points. Fuck Reddit.
If you're at a public company you can just offload the stock and it basically becomes salary
Edit: Ignore the downvotes. People on Lemmy have no idea how RSUs work. Unless you work somewhere shit or your company just imploded, this is basically equivalent to salary. Source: half my TC is RSU
Problem is you have limited trading windows as an employee with shares. Ours get held in escrow until a period passes then we can sell it.
And it gets even better if you’re on a schedule that’s more restricted due to access to mnpi; you get a window of like 7 days every quarter at most, sometimes much smaller
And if it’s not public? Can’t do shit.
Okay sure but Reddit is public so the guy's RSUs make his TC 700k cash
Welp I’m fine trying to teach you anything. Go ham idgaf.
And if that public company has stock in the toilet it's worth fuck all to unload
Lol, what? This is so dumb. I'm sure there's some few people that make close to 700k, but even the most talented devs and other salaried workers I know are making 200k-300k maximum. If I'm thinking of the average, probably around 150k.
Yes, that's a lot of money. Yes, people should be better about recognizing their privilege. Yes, this person seems like a huge asshole, but that would probably be true even if they were broke.
But at the end of the day, these people that you're hating on are so far below the insanely wealthy. Even 700k is far below people who make 10s of millions in passive income, or the ones who are worth billions. Like, we shouldn't ignore shitty behavior and awful mindsets like the people in the post have, but they're really not the same as the people who are truly exploitating the working class.
At this point, I’m pretty certain that all or most of those comments- and the OP are just bots.
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