> Compensation appears to be proportional to the level of sacrifice (e.g., investment bankers are paid better, but work even longer hours than lawyers).
The idea that the amount of sacrifice you make will be proportional to the monetary reward you receive seems very phony to me (especially in terms of time spent not productivity achieved). It implies you'll have to enjoy the things you do less to become rich.
I'm also one of the founders of http://levels.fyi, a compensation transparency tool for software engineers where you can get an idea of market rates today at different levels / companies. Stock compensation is a huge part of software engineer wages which means as long as there is economic progress and growth, salaries will grow. Competition also plays in the favor of software engineers – as it is a very horizontally transferable skill (generally), it provides software engineers a ton of leverage, giving companies no choice but to pay market competitive wages for top talent in the industry.
The idea that the amount of sacrifice you make will be proportional to the monetary reward you receive seems very phony to me (especially in terms of time spent not productivity achieved). It implies you'll have to enjoy the things you do less to become rich.
I'm also one of the founders of http://levels.fyi, a compensation transparency tool for software engineers where you can get an idea of market rates today at different levels / companies. Stock compensation is a huge part of software engineer wages which means as long as there is economic progress and growth, salaries will grow. Competition also plays in the favor of software engineers – as it is a very horizontally transferable skill (generally), it provides software engineers a ton of leverage, giving companies no choice but to pay market competitive wages for top talent in the industry.