Fog Creek Software
Discussion Board




A five year Microsoft veteran could be making $500

http://www.joelonsoftware.com/articles/fog0000000074.html

Still belive this is happening for a person joining nowdays, Joel?

Prakash S
Sunday, June 23, 2002

Oops, shld read ""..making $500K a year including stock options"

Prakash S
Sunday, June 23, 2002

Highly unlikely given that it would probably be costing them about $15,000,000,000[30K employees * 500K] yearly in salaries.  The following is a forward looking/bold statement.

Prediction is that Microsoft's growth curve over the next 5yrs will decrease dramatically[ Unless of course SUN or Oracle for some inexplicable reason drop the ball in their respective markets.].  The growth over the last 5yrs can best be described as absolutely anomalous[pegged completely to the inane growth of web].

Essentially these days there are just too many viable Enterprise alternatives to microsoft beyond the desktop[already saturated].  Enterprise being the only remaining area for significant growth opps.

Larry From Queens
Sunday, June 23, 2002

Maybe not at Microsoft, but if you market yourself wisely, you may be able to leverage your 5 years of experience at one of the world's most respected firms into a VERY high level job somewhere. 

To clarify, I don't mean a 27 year old who started at MS at age 22.  You have to have at least some white hair, some belly, and a family to look like you deserve $500k.  In other words, you need to look like an adult (the taller, and more authoratative, the better)  More like a 55 year old, who happened to work at MS for the past 5 years.  Yea, I can see paylaying that experience to some C?O type of position.

Bella
Sunday, June 23, 2002

that wasn't the salary, that was the salary PLUS STOCK OPTIONS. It was true when the article was written but Microsoft stock has been pretty flat since then.

Joel Spolsky
Sunday, June 23, 2002

PRETTY FLAT?  That would be putting it mildly.  An MSFT employee hired in over the last 4 years would find their options completely under water (glub glub).  Even with the repricing at 66 in the summer of 2000, MSFT employees are drowning in a sea of near worthless options.

Now looky, you heard it hear, on Joel on Software:  NASDAQ 1000.  Yup, that's right 1000 - perhaps lower.  Head for the hills.

Nat Ersoz
Monday, June 24, 2002

NAZ 1000 is optimistic.  It'll go much lower.,

Bella
Monday, June 24, 2002

Dow support *might* be at 8650.  If it doesn't hold there, we don't have support anywhere.

The problem with the NASDAQ is that there is no technical support, even near 1000 and there never was any fundamental support in the form of a P/E.

So, Bella is right, 1000 is optomistic.

Nat Ersoz
Monday, June 24, 2002

*  Recent Topics

*  Fog Creek Home