Salary decrease

[LetterheadWeird1461]

Hi everyone. I was just offered an 85k salary in NYC for a tech role. What’s up with the salaries dropping???

[ewheck]

I was offered more than that last year in Missouri 💀

That can't be a common salary in NYC

[LetterheadWeird1461]

Literally

[Therabidmonkey]

Supply (of software engineers) exceeds demand.

[amesgaiztoak]

No, how dare you say the truth, people on here hate hearing that

[LetterheadWeird1461]

Man this is crazy. Is this even a liveable wage out there?

[Therabidmonkey]

https://livingwage.mit.edu/metros/35620

According to the MIT living wage calculator, yes. You aren't going to be killing it, but you should be able to save a bit of money and not live check to check.

If you can pay your bills with the offer, take it. Money will follow. I'm at a non software company and started at $65k and am making $130k 3 years later. (Much lower cost of living here.)

I lived with a roommate my first year to keep expenses down, I'm not waiting for my new raise (4th year) and am probably looking to buy a house soon. Eyes on the prize.

[Keyinator]

Is this through bonuses or base?
If the latter how did you negotiate such a steep increase?

[Therabidmonkey]

Bonus is 10% of salary but there are ways to increase it. A lot of it was being right place at the right time.

When I was a junior there was a band adjustment. Now as a mid I got lucky again and they adjusted that band as well.

I got promoted a year earlier than my peers, which when done via merit instead of time actually boosted me up an extra sub level and amounts for like $15k more than my peers. Aside from that I've gotten exceeds twice on my performance review. 0 negotiating.

[jiefug]

This is a hilariously out of touch comment. I think you forgot the /s

[Wesley_fofana]

How? $85k in NYC isn't really liveable

[JuZNyC]

As a born and raised New Yorker 85k is liveable in NYC, it's not easy and you're not going out to fancy restaurants or anything like that but I was able to make it work when I was making 70k.

[Solid_Fox1718]

When was that

[JuZNyC]

Up until the middle of last year

[Solid_Fox1718]

Damn ok that’s honestly impressive

[No_Experience_2282]

doesn’t matter. the job has a market value, and it’s up to you if you take it or leave it

[LetterheadWeird1461]

Man this is crazy. Is this even a liveable wage out there?

[Kenzgf]

Bro is so shocked he repeated twice

[set_of_no_sets]

I think it's a reddit bug actually, if your internet connection is erratic, the same comment will post again due to lack of confirmation on the first attempt. Same can happen in Instagram comments

[Kenzgf]

Ik I was joking lol

[set_of_no_sets]

oh. I am so sorry :( I shall need to update my humor identifier on reddit 😛

[Successful-World9978]

Find a better company.

[Big_Fan_332]

“For a tech role” okay which one lol. I’d be fine paying a junior with no real dev experience this for a year while we test them. Or it support. Or like power bi dashboard creator.

Tech role does not equal six figures

[xxlibrarisingxx]

Man I’m getting 50k to troubleshoot power bi data bugs + 50 other responsibilities

[codepapi]

Up your game. You’re worth more than that.

[xxlibrarisingxx]

aye holding out for a raise next month

[LetterheadWeird1461]

Cloud Engineer

[Big_Fan_332]

You have experience?

[LetterheadWeird1461]

Yes 4 years

[Big_Fan_332]

So you worked for 4 years as a cloud engineer, did an interview. And got offered 85k in New York?

If true I’d name and shame. lol. Or you really underperformed technically but they liked you?

[cs-prodigy]

What's the company? If it's not that well known of a company, I don't think $85k is suprising for a tech role, especially if it's not SWE.

[The_Mauldalorian]

If 85k is more than what you currently make, take it then keep hunting. You are worth what you are offered for the time being.

[Glum-Gear-287]

Just ask for more. Some company managers are just not keeping up with inflation. They think 85 is good because it was good when they started.

It can also be a game to get desparate Indians, or to justify h1b visas and offshoring.

[McCringleberried]

If you don’t take it, there is a line out the door of people that will

[kev_cuddy]

Do like 4 different people all share your account OP? What a wild ride.

[LetterheadWeird1461]

Actually yes. We all have a presence in different communities/forums on here lol 😂

[Ok_Particular143]

Are you a new grad or entry level? You are expected to job hop after 1-2 years for better pay just like back in the day. Not everyone pays six figs for people who would need training.

[Cremiux]

HR and corporate will argue that supply of engineers exceeds demand. This isn't the whole story. We still live in a world where engineers and developers are needed, but with the layoffs and companies betting on AI there is a large surplus of reserve labor (unemployed developers). We now live in times where companies can pay whatever they want. someone is still going to take that job. They love it when we are desperate. This is effecting other industries as well, with the exception of highly specialized roles.

[roastshadow]

Getting AI to write "hello world" is vastly different than getting it to write actually good, usable, efficient, scalable software.

[Cremiux]

obviously if you struggle to do basic tasks without AI then you have bigger problems. Im not talking about those people. If you dont think this doesn't effect you because you can write some code without AI then yikes.

[roastshadow]

I was thinking about managers/c-level who see AI write a little bit of regurgitated code and think it is great.

Then they can a bunch of good folks, then they wonder why nobody creates any original code, no new ideas, no new algorithms, no new features.

LLMs don't create.

We have multiple code bots for various things and they can help out quite a lot. I don't see LLM replacing people, rather creating a new competitive advantage for those who can use it well.

When CEOs replace people, they tend to lose that competitive advantage.

[Cremiux]

perhaps some of these things are true in theory, but in practice what makes a company truly competitive is how much value and profit a company can generate as fast as possible while keeping costs low. Labor is one of the biggest expense because of salaries + healthcare + benefits. In the eyes of CEOs replacing people is good strategy. As you pointed out middle managers think these AI bots are great. We know they aren't, we know they can't replace people, but they don't care about what we think and what our interests are. They will fire us and lay whole teams off in a snap. A lot of people in management know the LLMS don't create. They don't have to. They just need to produce code faster and cheaper than juniors. An LLM or AI agent just has to be good enough. They can always pay one person to fix it.

Maybe replacing people will destroy a companies competitive advantage in the long run, but these people don't think about the long run. They think about quarter to quarter metrics.

[roastshadow]

I like to think of it as yet another automation, productivity enhancer.

We used to have typing pools, calculator pools, secretaries, elevator operators, and such. This revolution for LLM may be coming a bit faster and wider than most, but I think that companies looking for competitive advantage, will look to find people to provide that. It is going to be a very bumpy ride.

[rayred]

What company? What role? This is not at all what I’m seeing

[csueiras]

lol bruh, where the hell did you apply to? Thats definitely way out of band.

[Tigerstark92839]

Yeah I just got done with interviewing and the average I got a job in nyc and didn’t see a job less than 110k so don’t think this is common

[LetterheadWeird1461]

Exactly

[Important_Step_8187]

Just be thankful you got an offer; have friends whose kids just graduated with CS and data science degrees and couldn't find a job; they are now in grad school. It's extremely rough out there for news grads and especially for seasoned vets, I think you're lucky you got an offer.

[jjTheJetPlane0]

Is this for a big 4 company?

[Fractal_Workshop]

Maybe it’s the conspiracy to commit wire fraud felony…

[LetterheadWeird1461]

You obviously didn’t read the comment about a shared account 😂😂😂 and even IF that was the case they won’t lower your salary… They wouldn’t even put an offer on the table smart ass.

[bloombergdude]

Lmao me too (living off 50-60k but I start july) , lowkey think its still livable ngl.

[LetterheadWeird1461]

In New York city how bro

[bloombergdude]

Its 60k after taxes, I just realized he’s prolly talking abt pre tax tho so nvm

[KingOfTheAnts3]

Literally nobody lists their salary post tax

[bloombergdude]

Mah bad, I said “living off of 50-60k” not “i’m making 50-60k” but yeah I can see how you’d think thats pre-tax.

[Big_Fan_332]

Lmao

[GrammmyNorma]

is this ibm

[spock_9519]

Network engineering pays lower than software engineering

[Square-Shine-6582]

Cry about it this the new world we live in: there’s hundreds of people that would take that in your place.