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Demand For Programmers Hits Full Boil as US Job Market Simmers (bloomberg.com)
When the American job market heats up, demand for technology talent boils, an anonymous reader writes citing a Bloomberg report. From the story: Nationally, the unemployment rate was 4.1 percent in January, and analysts project that it declined to 4 percent, the lowest since 2000, in Labor Department figures due Friday. For software developers, the unemployment rate was 1.9 percent in 2017, down from 4 percent in 2011. While companies are writing bigger checks, they are also adopting new strategies to find engineers for an economy where software is penetrating even mundane processes. Companies are focusing more on training, sourcing new talent through apprenticeships, and looking at atypical pools of candidates who have transferable skills.
"It is probably the most competitive market in the last 20 years that I have been doing this," said Desikan Madhavanur, chief development officer at Scottsdale, Arizona-based JDA Software, whose products help companies manage supply chains. "We have to compete better to get our fair share." What's happening in the market for software engineers may help illustrate why one of the tightest American labor markets in decades isn't leading to broader wage gains. While technology firms are looking at compensation, they are also finding ways to create the supply of workers themselves, which helps hold costs down.
"It is probably the most competitive market in the last 20 years that I have been doing this," said Desikan Madhavanur, chief development officer at Scottsdale, Arizona-based JDA Software, whose products help companies manage supply chains. "We have to compete better to get our fair share." What's happening in the market for software engineers may help illustrate why one of the tightest American labor markets in decades isn't leading to broader wage gains. While technology firms are looking at compensation, they are also finding ways to create the supply of workers themselves, which helps hold costs down.
What is in extremely high demand is programmers with 20 years of experience in a technology that has been around for 5, no older than 19 and working for 20k a year.
And that demand will be high, forever.
Pay more and you get more. Pay this and what you get is code monkeys that couldn't find a better employer.
Sadly you're not joking. .NET came out in 2002. I remember looking for a job in 2003 and every job I looked at was asking for programmers with 5 to 10 years or more of .NET programming experience. ... it's no wonder some people embellish their resumes.
"That's the way to do it" - Punch
I have clients who struggle filling positions. When I inquire, I find it's never that there aren't applicants, just not applicants of sufficient quality. And in those cases, when I ask how much more they're offering for the position above market rates, they all look at me with bewilderment.
Also that unemployment rate? Manufactured horesehit. http://www.shadowstats.com/alt...
As a devops engineer with 13 years experience, the job opportunities boil down to a few options:
startup: Web based and the oncall pool is, well, you. pay is decent but your boss is the same age you are and was drafted into the position so the company didnt lose him after 10 years to a competitor. a certified sociopath, your boss will treat you like a whipping boy while upper management blows vc cash on artisan kombucha on tap and vodka shots in the break room. bug reports will languish from your users, completely ignored, as your kanban scrum-bum stand ups quickly turn into sit downs full of hung over or jaded coders ordered to crank out feature after mindless feature.
enterprise: a multi million dollar faceless conglomerate so large your management team has its own newsletter to properly communicate what different groups in your department are doing. Every single idea you propose will be shot down because it didnt show up in a Gartner success quadrant and didnt come with a shiny presentation from some road warrior poured into a wrinkled suit from JC Penny. after 3 years your cynicism will be indistinguishable from personal affectation in most meetings. no one can be fired here unless theyre a meanie-bo-beanie because incompetence is par for the course. Get ready to explain mundane network concepts to your peers, and give brown bag presentations on git until the end of time, because these lifers are here until the second heart attack or the retirement kicks in and they arent about to rock the boat with Docker.
contracts.: typically 90 to 180 days, these specify that you must have a minimum 30 years experience in Rust, Dust, Crust, and the german enigma machine. Bonus points for understanding a 50 year old CMS/RCS/client-server application from a company that went bankrupt 12 years ago. perpetual contracts are either offered without question, or the company in question demands to convert you to full time staff after 3 months because short term contracts are the new hiring process for midwestern midsize manufacturing and callcenter/billing institutions that drive some of the most despicable parts of the american dream. Your raise is capped at 1% and education in the region for your kids is either underfunded suburban white mediocrity or some flat-earth megachurch.
Good people go to bed earlier.
While technology firms are looking at compensation, they are also finding ways to create the supply of workers themselves, which helps hold costs down.
And this is why the bosses (as opposed to the usually sincere workers) at Google, Microsoft, etc. are all behind these "teach every person on Earth to code" programs.
I'm sorry if little Suzy doesn't want to code, but we need her to help keep down programmer salaries.
Problem here is multi-layer. For one thing, HR drones cannot quantify quality with a metric that is not "X years of experience", so if you tell them "Find me an Excellent .NET Developer for this project!" what they hear is "Find me a Developer with 10 years of experience for this project." The pay of course is another aspect, the employers thing that everyone is desperate, and if they waste enough of your fucking time you will just take whatever they offer. And lastly, they always want some one proficient in their EXACT stack, which given number of Frontend x Backend x Database x IDE technologies limits their pool of candidates to a fraction. It is retarded for me to think that someone who knows one MVC framework cannot pick up another one in a week. A bicycle is a bicycle is a bicycle.
It smells too similar to the dot-com bubble for comfort. During the height of the dot-com bubble, co's didn't pay that well because they gave you stock options instead of big salaries as a signing bonus. And when the bubble popped, the market was flooded with programmers such that jobs were hard to find, at least on the west coast. Therefore, you had no savings because you got stock options that are now worthless, and you had no job. My legacy language experience was the only thing that saved me, and barely.
One could say "this time is different", but they also said that during the height of mortgage bubble, in terms of comparing that to the dot-com bubble. The reasoning was that homes had concrete value while dot-coms didn't. Didn't matter: the mortgage bubble created the second worse econ slump on record.
They are saying similar about AI: it's different from the AI bubble of the 80's because real and common products rely on AI now. That may be true, but as mortgages showed, that's not enough. And even if you are not in AI, an AI pop could affect rank and file IT because unemployed AI experts will flood non-AI IT job openings.
It may indeed be "different this time": a different path to misery. The only consistency is that if it smells bubbly, it probably is. The only real uncertainty is the size and scope of the poppage. Keep a rainy-day fund, people.
Table-ized A.I.
Thanks to Obamacare, in civilized states, everyone pays the same price for insurance regardless of pre-existing status.
BZZT! Bullshit.
My 33 year old daughter pays 10x as much as her siblings because of her pre-existing condition. The law says you can't be turned down because of a pre-existing condition, but it says nothing about being able to afford what is offered
If only minorities were getting hired, then there would probably be a lot more minorities in the tech sector.
The real problem is that tech companies want to pay programmers blue collar wages. This is why their push for minorities to learn programming is no more than an attempt to saturate the market with skilled programmers to depress wages. H1B workers are another method to do this.
I'm telling my kids to stay the hell away from programming unless they couple it with some other specialty, like biology. Programming by itself just isn't special anymore. If you want to do something worthwhile (both financially and personally) with it, you have to be able to pair it with another discipline. No one's going to pay someone a lot to develop a silly iPhone game or create a simple retail POS.
"From the depths of my skeptical and rationalist soul, I ask the Lord to protect me from California touchie-feeliedom."