Logically Answered | Why Do Software Engineers Work So Little? @LogicallyAnswered | Uploaded July 2023 | Updated October 2024, 1 hour ago.
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Have you ever noticed how little FAANG engineers work? Some of them have even admitted to working as little as 4 hours per week on a regular basis. But despite their lack luster input, they’re often paid $200,000 to $300,000 if not more. In fact, such employees are so common amongst tech that there’s actually a name for them: rest and vesters. But, why do managers and especially profit-hungry companies allow for such companies amongst their workforce? Well, for starters, both the engineer and the tech company have really friendly economics with high-profit margins and boatloads of revenue. So, they would rather focus on growing the company than trying to increase efficiency. Moreover, much of a software engineer’s job is based on results as opposed to work input, and many engineers are simply able to fulfill their duties with far fewer hours. But, most importantly, companies would rather just hire smart people and pay them not ensure that they don’t go to another company. This video explains the top reasons why FAANG engineers are able to get away with such few working hours.
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Timestamps:
0:00 - Rest & Vesters
2:17 - Friendly Economics
5:17 - No Need
8:01 - Part Of The Plan
Resources:
pastebin.com/BmAcHzmU
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
Lock In 5% With Bonds:
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Have you ever noticed how little FAANG engineers work? Some of them have even admitted to working as little as 4 hours per week on a regular basis. But despite their lack luster input, they’re often paid $200,000 to $300,000 if not more. In fact, such employees are so common amongst tech that there’s actually a name for them: rest and vesters. But, why do managers and especially profit-hungry companies allow for such companies amongst their workforce? Well, for starters, both the engineer and the tech company have really friendly economics with high-profit margins and boatloads of revenue. So, they would rather focus on growing the company than trying to increase efficiency. Moreover, much of a software engineer’s job is based on results as opposed to work input, and many engineers are simply able to fulfill their duties with far fewer hours. But, most importantly, companies would rather just hire smart people and pay them not ensure that they don’t go to another company. This video explains the top reasons why FAANG engineers are able to get away with such few working hours.
Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
silomarkets.com/waiting-list-page
Free Weekly Newsletter With Insiders:
ppnewsletter.substack.com
Socials:
instagram.com/hariharan.jayakumar
Discord Community:
discord.gg/SJUNWNt
Timestamps:
0:00 - Rest & Vesters
2:17 - Friendly Economics
5:17 - No Need
8:01 - Part Of The Plan
Resources:
pastebin.com/BmAcHzmU
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
