| ▲ | VirusNewbie 3 hours ago | |||||||
When I got into the industry over 20 years ago, it was unheard of for an IC software engineer to retire early. Unless you got extremely lucky like working at Microsoft or Apple pre-IPO, you just weren't making the kind of money big law or doctors made. That is not the case now. Yes the competition is incredibly fierce but the pay has skyrocketed. | ||||||||
| ▲ | agentultra 3 hours ago | parent [-] | |||||||
There were a lot of factors that went into making salaries sky-rocket. One of those was leverage: there was more demand for skilled programmers than there were available. You also had the ZIRP era from 2008-2021ish. If you could write fizz buzz and breathe you could get a good paying job. In the 90s inflation-adjusted salaries were still rather high. A 75k USD salary in 1995 is roughly 150k USD today. And the median house was less than a third of your income. And in the 90s there was even more demand for programmers. The early 2000s were a bit rough unless you were insulated inside Google and big tech. But 2025 is a very different landscape. I’ve talked to lots of highly talented developers who’ve been consistently employed since the early 2000s who have been on the job search for 9 months, a year. It’s one thing to have a goal for one’s career but it’s not like you can wait around to find that perfect opportunity forever, right? Some times you have to find something and work. It might not fit into your plans for your career but it might provide you with the income you need to keep your family afloat and maybe let you indulge in a hobby. | ||||||||
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