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There is no disconnect. I am just saying that how much harder it is to hire when your company is not Google, Facebook, Dropbox etc..
by mycodebreaks 14y ago
There is no disconnect. I am just saying that how much harder it is to hire when your company is not Google, Facebook, Dropbox etc..
- geebee 14y agoThe part where I see a disconnect is when you mentioned "Though there could be a huge number of american engineers, it simply doesn't match the demand at present." I see this as a function of supply and demand. I haven't studied economics formally (beyond the examples in my math classes), but I understand that economists talk of a demand curve and supply curve. At lower prices, consumers tends to demand more of a product or service but producers supply less. At higher prices, produces have an incentive to supply more but consumers tend to demand less. The point where the supply and demand curves meet is considered the market equilibrium. Right now, it sounds like prices (salaries) for engineers haven't hit equilibrium. 80-90k may sound like a lot, but clearly the economy is demanding more engineers at this level than the market will supply. I don't know where that equilibrium point will be, but considering the number of very lucrative career paths smart people have available to them, I suspect it's going to be quite a bit higher.
- mycodebreaks 14y ago"but clearly the economy is demanding more engineers at this level than the market will supply" Exactly, that was my original point.
- geebee 14y agoWell, this debate is getting a little stale over a few days. The disconnect is in the phrase "at this level". You can always find a salary point at which any good or service will appear to be in "shortage". And you can always find a salary at which there will appear to be a glut. Sounds like there's a big shortage of 80k/yr engineers, but absolutely no shortage of 160k/yr engineers.