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warkanlock | 1 year ago

Serious question: Who earns (other than C-level) $150 an hour in a sane (non-US) world?

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bearjaws|1 year ago

US salaries are sane when compared to what value people produce for their companies. Many argue they are too low.

syndicatedjelly|1 year ago

My firm's advertised billing rate for my time is $175/hour as a Sr Software Engineer. I take home ~$80/hour, accounting for benefits and time off. If I freelanced I could presumably charge my firm's rate, or even more.

This is in a mid-COL city in the US, not a coastal tier 1 city with prime software talent that could charge even more.

maxlamb|1 year ago

Most consultants with more than 3 years of experience are billed at $150/hr or more

drusepth|1 year ago

Ironically, the freelance consulting world is largely on fire due to the lowered barrier of entry and flood of new consultants using AI to perform at higher levels, driving prices down simply through increased supply.

I wouldn't be surprised if AI was also eating consultants from the demand side as well, enabling would-be employers to do a higher % of tasks themselves that they would have previously needed to hire for.

_fat_santa|1 year ago

> billed

That's what they are billed at, what they take home from that is probably much lower. At my org we bill folks out for ~$150/hr and their take home is ~$80/hr

jwpapi|1 year ago

I do start at $300/hr

I didn’t just set that, I need to set that to best serve.

rank0|1 year ago

Why is high salaries an insane thing?

SoftTalker|1 year ago

On the one hand, there's the moral argument: we need janitors and plumbers and warehouse workers and retail workers and nurses and teachers and truck drivers for society to function. Why should their time be valued less than anyone elses?

On the other hand there's the economic argument: the supply of people who can stock shelves is greater than the supply of people who can "create value" at a tech company, so the latter deserve more pay.

Depending on how you look at the world, high salaries can seem insane.