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Comment by AlotOfReading | Hacker News Reader

What do you consider "unrealistically high", because I find that hard to apply to what I'm seeing. For example, I was recently contacted about a bay area principal engineer spot for 150-190k. To give some context, a fast food place near my house has signs in the window offering 160k+ for managers.

Maybe fast food is paying exceptionally well these days, but I have my doubts.

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I cannot imagine the stress of being a fast food manager. I wouldn't survive a week.

> What do you consider "unrealistically high“

Sorry, poor choice of words. I should have said “salary expectations above current market salaries”.

I’ve interviewed people is 2 yrs experience (2 yrs out of college, or 2 years after doing a bootcamp) asking $160k fully remote outside Bay Area.

Basically anyone that entered the tech workforce during the COVID boom has really high expectations around compensation and benefits that are unlikely to be met in future jobs now that the market has cooled/stablized.

I've started interviewing this last two weeks and have 6 interviews scheduled for staff FANG remote. Meta, Amazon, Netflix are all hiring.

Depends on the chain, management at McD and Burger King was always rather well paid. Also high turn-over high pressure.

Retail management means you're on call 24/7 even when you think you're on vacation. And even when another manager is nominally running the store. Also you're not totally responsible for hiring, and underperformers can and do get stuck on your team. And also you're responsible for your store hitting its sales targets regardless of where it's located and what changes in the environment.

In practice, this sounds no different than most engineering manager roles outside of very tech-savvy organizations.

Does the bay area role also come with equity? I doubt that's true for the restaurant manager.

Probably, but the comparison wasn't meant to imply that fast food is a reasonable alternative. The point was to illustrate how bad things in tech are that recognizable companies (Oracle in this case) are hiring for extremely senior positions at salaries that make fast food look even remotely competitive. It's a very different market from two years ago.

I think what's happened is compensation packages have normalized or converged.

If you live in an HCoL area, you're probably not very happy about this, but if you live in a LCoL area these compensation packages are excellent.

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