kanakiyajay's comments

kanakiyajay | 4 years ago | on: Ask HN: Is the Great Resignation in tech real? If so, why?

There is good evidence in terms of attrition numbers published by major tech companies --- it has gone as high as 22%!! India is also experiencing a major demand for software developers

It's due to venture funds, remote work & high demand ...

Cash is cheap. US, Europe & Japan have unleashed >$9 trillion since the pandemic in stimulus checks & buying of bonds in the market. Global venture funding hit a record high of $221B with 250 start-ups becoming unicorns this year. Coinbase debuted publicly with a market cap of $89B on its opening day. Indian start-ups have received a record funding of $8.76B

Salary Difference is Huge . The average salary of a software developer in the US is $107K with senior developers commanding $300K in San Francisco, a stark difference compared to India. Demand for talent is coming from all industries, the automotive sector hired more software engineers than the tech sector last year, all the more reason for going remote

Which means remote postings have risen by 457% since the past year! Engineers prefer to continue WFH as it enables flexibility, increased productivity & reduced commute times. Even the challenge of different time zones can be solved using good asynchronous communication in remote work

To recap, an engineer can work for - FAAMG (Remain the top pick) - US & EU software giants (Coinbase, GitLab, Automattic) - 3000 India Dev Centers (Eg: John Deere) - IPO-bound unicorns (Zomato, Paytm, MobiKwik) - Freshly funded start-ups (100s) - 2800 IT services firms

What is the impact?

Attrition rates in Indian IT will be at an all-time high of 22-23% this year. Top-tier candidates now get multiple offers with an eye-popping 2x-3x (not 20%-30%) raise. The 2-3 month notice period means candidates continue interviewing after accepting the 1st offer. Developers are consistently learning new skillsets on AI, Machine learning, cloud computing, automation, blockchain to be in high demand. No doubt, multiple founders have recently tweeted about this new competitive market & candidates informing before joining date

Recruiters & founders need to differentiate themselves not just with cash, but also with ESOPs, buybacks, venture backing, eye-watering benefits, rapid career growth & work even harder to retain existing talent

The war for talent is on

kanakiyajay | 5 years ago | on: TailwindCSS v2.0

Hi Adam,

The demo given just below looks amazing. I initially thought it was a video, now seeing that it is actually coded. Brilliant

kanakiyajay | 5 years ago | on: Ask HN: What startup/technology is on your 'to watch' list?

Agreed, FPGA is too expensive currently with a non-standard toolset present across the industry. But if someone is able to create an industry coalition (think Wi-Fi Alliance or Bluetooth SIG) it can definitely make a large impact for everyone involved with several companies reaping the benefits

kanakiyajay | 7 years ago | on: Front End Performance Checklist

Google already has a page speed tool which gives you recommendations and the actions to be taken.

The sheet has links to npm packages which can be integrated in your workflow.

kanakiyajay | 8 years ago | on: Ask HN: How much ad revenue you make from your side project?

I have got two sites averaging about 50K a month and used to earn close to $50 a month. But I got bored and earnings and visits crashed. I have now got a renewed interest to look at it and try to establish a basic business model not based on ads which is just not sustainable. Affiliate networks is something that I am excited about or a job board site. Tl;dr ad revenue is nothing as compared to what you can make due to affiliate networks or a paid service. For people who were asking: https://jquer.in and http://angular-js.in
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