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.