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this post was submitted on 22 Sep 2023
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Fortune 500 employees are some of the worst paid and most exploited. See Amazon, Walmart, etc. Even at the white collar level they get paid shit. The old "work for a Fortune 100" bit hasn't been relevant since the dot-com boom.
Top level Devs at Amazon get paid 1m a year, plus stock options
Top level devs at Amazon would get paid that anywhere. They aren't competing for a spot at Amazon, Amazon is competing for them.
That kind of undermines your original comment...?
How? People used to dream of working for a Fortune 100 company because landing one of those coveted jobs was a way to secure a well paying job with a nice pension. Those days are gone. Now you either make yourself priceless so that everyone is competing for your skills, or you work for a small firm that values your existence and sees you as part of the team. In a large company, with very few exceptions, you are just a disposable cog in the machine.
For context, I know a lot of developers that worked for Amazon. They all left. The mythological $1M devs are paid that to make sure the competition doesn't have them. They aren't employees, they are IP.
I think it's very role dependent. I've worked for all sizes of companies and there are shit jobs and shit managers in all of them just as much as good ones.
It's a little facile to say all those people are disposable cogs, promotions are achievable, new business units, stock options, health insurance etc etc
Landing a job in a top company still does your CV some good.
If you want security and a good pension, then the public sector is probably a better fit.
Did you just tell him to learn2code? ๐