The Great Tech Salary Crash

First line of the actual article.

Subheader: "2022 is bringing us one of the largest declines in tech compensation in decades"

Not sure how you are confused. Yes, Salary was used in headline, but the article made it very clear it was instead referring to compensation as a whole, and how this was affecting, basically, your take home.

So, not sure where the article (which is pedantically separate from the headline) is confusing about this.

Meta: It's annoying to see comments discuss the typos, the precise definition of things, and the otherwise useless pedantic-isms in HN articles. This isn't a recent occurrence, and I'm sure I've been a part of the problem in the past, but these comments are usually worthless at best, if not harmful in that it detracts from a more useful and constructive discussion.

In the race to be "clever" and "technically correct", it's actually lazy and pointless. I wish there was a way to simply filter out this drivel.

In many ways I dislike even having to type this meta commentary, but I feel it needs to be said. Apologies for the disruption.

The beauty of inflation is that you can say this and even believe it, but your salary is down anywhere from 9% to 20% depending on how much you want to trust some of the most massaged CPI numbers ever put out by a government.

Enough that people think you're @dang. All you can do is flag a submission, which is what I did. I rarely flag stuff that makes it to the front page, but this is such egregious bait-and-switch clickbait I made an exception.

Curious. I did not have that experience. I was able to read the full article normally.

Good job.

Supply and demand. Supply of available workers is going up due to crypto/tech bubble popping, remote work, etc, and demand is going down because we’re in a technical recession… why would base pay increase?

If you start paying all your engineers in cash suddenly your operating margins will drop and investors will get nervous that you're going to run out of cash. Imo there are a large number of unprofitable public tech companies today that rely almost entirely on their stock price remaining high to sustain their engineering costs. Instead of higher base pay, layoffs are far far more likely. Many of these companies simply don't have the cashflows to pay their engineering teams in cash.