Originally posted by TheDude
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State of the Market
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Originally posted by achilles View Post
I do not see that. There are very few roles that would pay £100K for a developer in very niche areas. Salaries are capped well below that because hiring Managers are making less themselves and because they simply do not want to pay more or have not budgeted for it. They prefer to get mediocre developers than pay more and get brilliant ones.Comment
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There are easily 20 FS firms that will pay 100k+ for a good dev in London alone
top 10 banks and asset managers for sure
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Originally posted by achilles View Post
I do not see that. There are very few roles that would pay £100K for a developer in very niche areas. Salaries are capped well below that because hiring Managers are making less themselves and because they simply do not want to pay more or have not budgeted for it. They prefer to get mediocre developers than pay more and get brilliant ones.
The mediocre devs add very little extra value, they are there as insurance should the rock stars leave or demand more money.
The best devs are 5 or 10 times more productive than average devs. But the pay difference is only 50% more at best.Last edited by Fraidycat; 18 June 2022, 16:53.Comment
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Originally posted by Fraidycat View PostTypically a team will have a few 'rock stars', the rest will be lower paid mediocre devs.
The mediocre devs add very little extra value, they are there as insurance should the rock stars leave or demand more money.
The best devs are 5 or 10 times more productive than average devs. But the pay difference is only 50% more at best.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Fraidycat View Post
Typically a team will have a few 'rock stars', the rest will be lower paid mediocre devs.
The mediocre devs add very little extra value, they are there as insurance should the rock stars leave or demand more money.
The best devs are 5 or 10 times more productive than average devs. But the pay difference is only 50% more at best.
I feel embarrassed for myself and the firm posting such tulip.Comment
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Originally posted by Fraidycat View Post
Typically a team will have a few 'rock stars', the rest will be lower paid mediocre devs.
The mediocre devs add very little extra value, they are there as insurance should the rock stars leave or demand more money.
The best devs are 5 or 10 times more productive than average devs. But the pay difference is only 50% more at best.See You Next TuesdayComment
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Originally posted by Fraidycat View Post
Typically a team will have a few 'rock stars', the rest will be lower paid mediocre devs.
The mediocre devs add very little extra value, they are there as insurance should the rock stars leave or demand more money.
The best devs are 5 or 10 times more productive than average devs. But the pay difference is only 50% more at best.
The pay differential might be because the company falling year-on-year on it ar**. It's market share, it's culture and it influence might be heading south to the Dodo.
Have you ever read a book called The Phoenix Project? In particular, the role of the dude called Brett. https://www.amazon.co.uk/dp/B078Y98RG8/
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Originally posted by rocktronAMP View PostAh. I see you fell victim to 10xDeveloper hypebole from the last decade.
I would not personally use the Rock Star metaphor to describe them.
They are more like these guys, coding machines that never get tired.
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