Not entirely true. I work in "boring" State government as a programmer. I constantly see juniors starting private industry jobs at close to what I make after being with my employer for 10 years straight.
However, money is not everything to me. While the salary is not truly impressive, my job has a lot of benefits. People sleep on these jobs while chasing MegaCorp clout which is cool and all, but I am just a redneck clever enough to write bad code. I don't want FAANG, and FAANG doesn't want me.
> Unless you have a family, want to travel
We have generous PTO, sick leave, bereavement leave, 6 weeks of paternity leave for mothers AND fathers, 16 holidays off, etc.. Plus, many offices are 100% remote (mine is 3/5 days a week).
> want an ample retirement fund
I have a Pension, 401k, and a 457(b) all through my employer. I am fortunate that the pension is also fully funded for over 30 years in advance. Plus, PTO rolls into sick time annual and sick time can be used to purchase service time, thus one can retire even faster than the typical 30 year timeframe.
> have complex health issues
We have great health insurance plans, and my office has been wonderful in dealing with people with very complex health issues. Way more than what I expect the private industry would do.
Guess how many people have been laid off from my office? ;)
That assumes one has the chops to get into FAANG. I highly doubt I could pass a basic interview -- even with ample time to prepare. Besides, if I were truly anything special, then I am sure one of the FAANG companies would have tried to contact me already.
Sure, if one was FAANG caliber, then a few mill would be left on the table periodically. However, when is enough ever enough? I seriously feel like I do not need millions to be happy in life.
However, money is not everything to me. While the salary is not truly impressive, my job has a lot of benefits. People sleep on these jobs while chasing MegaCorp clout which is cool and all, but I am just a redneck clever enough to write bad code. I don't want FAANG, and FAANG doesn't want me.
> Unless you have a family, want to travel
We have generous PTO, sick leave, bereavement leave, 6 weeks of paternity leave for mothers AND fathers, 16 holidays off, etc.. Plus, many offices are 100% remote (mine is 3/5 days a week).
> want an ample retirement fund
I have a Pension, 401k, and a 457(b) all through my employer. I am fortunate that the pension is also fully funded for over 30 years in advance. Plus, PTO rolls into sick time annual and sick time can be used to purchase service time, thus one can retire even faster than the typical 30 year timeframe.
> have complex health issues
We have great health insurance plans, and my office has been wonderful in dealing with people with very complex health issues. Way more than what I expect the private industry would do.
Guess how many people have been laid off from my office? ;)