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Anyone here 40s never married, no kids?
Mentor
BeCiAL sPoNuSeS this year??
When did you receive your signing bonus?
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How much are you making as a QA?
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Coach
Not as many people are driven to code as you think.
- people want people- rather than screen-centric roles
- the perceived barrier to entry is high. People have pre-qualified themselves onto certain paths and dis-qualified themselves from pivoting
- inertia/momentum - when you have momentum in one field, there’s inertia to pivot to another and restart even when rewards seem more lucrative
- easy to get in to tech, hard to move up unless you’re top of the field. Wages can plateau past entry level, so people would rather stick to what they’ve deemed their best skills and grow in that field where the growth limit may be less. Top compensations in law and business often exceed top comp in engineering by a lot (don’t count CEO/CTO roles here - they’re more business than engineering)
I agree with Microsoft 1, and also there is a surplus of tech jobs right now. But unless those bootcamp grads put in the hard work to keep learning and get better, they will be the first to be laid off if such an event occurs.
Also, your friend might be an anomaly. Contrary to what you might read, most tech companies don’t pay very high (even for entry level engineers). They will give you a reasonable base and pull people in with the (often volatile and overvalued) RSU portion of the equity. If it’s a startup, you can just count that as zero. The only companies paying those huge base salaries for engineers are big tech, and you simply can’t get an engineering position there with just 3 months of a coding boot camp unless you have a damn good portfolio or interviewing skills to show for it.
I don't know if it's that much of an anomaly for bootcamp grads to make 100k+ in their first job. Plenty of bootcamp grads that I know are making that with 0 YOE. My current TC is ~200k (140k base, 50k RSU, and 5% bonus) and that's as a bootcamp grad with 0 YOE. My technical skills aren't that amazing and my interviewing skills are probably just above avg.
Speaking personally as a black woman, many people don't make the switch because they don't believe they're "smart enough" or they've been convinced that it's "boring" or "too hard". Some people also just completely lack the awareness of what kind of jobs exist out there and how well they pay. Many people are only exposed to what they see in their immediate community.
Shit I wish I made that much. But yeah that’s very uncommon.
How do I make a salary of 200K base, with a 15year IT experience but most of it in india on a Java product. I see freshers or exp<5 are getting paid atleast 150k but am not still there. Any advises ? I am into a very specific supply chain product development in Java.
Look at jobs posted at that range, and see what they are requiring. There's your list of skills to acquire. It will tend to be geographically based, though. In my city, the requirements for such pay will tend to be significantly higher than somewhere like san Francisco or NYC. I can't speak to being offshore - but companies generally go that route in order to pay significantly less than their local pay.
This really depends on location. And company they’ve managed to land in.
In the UK, it’s not unheard of for a grad to get £80-£100k base, let alone stock options.
Silicon Valley I’d expect it to be a load more. Maybe even NY too. Especially if it’s in finance.
I can't help but wonder what other skills he came with that he was hired for. The position might have specific needs he was able to fill.
I tried to pursue a career in web development and thus joined a 3-month boot camp (many years ago now).
The reality was that most company value a CS degree way more than boot camp and portfolios. I have stayed in university long enough to know how useless an average CS graduate can be at work compared to someone doing good at a boot camp in early careers. But the signaling effect of a degree is much bigger.
However, if you already have a job, and you do a boot camp then switch career in the same company. It’s a different story. Since the company already bought your story of switching roles, they believe in your ability and wanted that skill set in you. Then a raise is anticipated.
But in general, most boot camp graduates struggle to land a job. There’s a lot of success stories out there. But they for sure are not the average story.
The biggest benefit to the cs degree is landing that first job. After that, it's primarily resume/skills/experience.
This is an anomaly. Those boot camps don’t always create good engineers and the companies that pay at that level usually go for bs and ms grads
Because it’s a manual challenging role with high stress and high turn over
?
I have seen many of my friends too doing this
At this point it’s dog eat dog to make retirement a reality at this point smh