This has got to be one of the most ridiculous, out of touch things I have ever read on HN.
You can't on one hand go on about market forces etc etc and say that because Netflix's RPE is high its employees should be paid for. RPE has absolutely no bearing on the value individual employees bring to Netflix.
I have no doubt that there are developers at Netflix making $400k+. To imply that it's not a jaw droppingly large amount of money for a software developer to make is borderline insanity.
As a software developer, I find your comment to be the most ridiculous.
Yes, it's on a higher end compared to what you would normally see but I would say that the regular salaries are too low. As a software developer, we have the capability to generate tremendous amount of value. Currently, most of the value is captured by C level executives (getting paid millions). Why should software developers not getting more in proportion to the value they add?
Compensation is based on competition for the limited supply of top developers. High RPE businesses are, by definition, ones that can make a lot of money with a limited number of people. More importantly, they are businesses in fields where their competitors can do the same. Accordingly, it is totally unsurprising that high RPE businesses pay their employees lots of money, whether we are talking about software companies or investment banks.
You can't on one hand go on about market forces etc etc and say that because Netflix's RPE is high its employees should be paid for. RPE has absolutely no bearing on the value individual employees bring to Netflix.
I have no doubt that there are developers at Netflix making $400k+. To imply that it's not a jaw droppingly large amount of money for a software developer to make is borderline insanity.