u/slickvic33 wrote (the comment Michael replied to):
Can you elaborate on point 3, Michael. Are you saying that many of those who obtained higher paid contract roles out of bootcamp washed out ie. Got fired, couldnt get any roles and left the software field?
u/michaelnovati replied · ★ FEATURED
So it depends on the role but most of the ones I saw were Facebook contractors for anywhere from 3 months to 12 months.
I would have to write an essay haha.
So at Facebook most contractors are "Software Developers" and while paid $150K run rates the role has zero path to SWE and you have to interview like anyone else.
Other companies are different but the common threads are:
1. Higher than normal base salary
2. Lower or no bonus
3. No equity
4. Worse benefits / none of those sweet full time benefits
5. Generally worse vacation policies
6. First to go when there are re orgs or budget cuts
7. Typically let go suddenly with zero notice and it's quite frustrating - even if you are performing well.
Would I take one of these hours of a bootcamp - HECK YEAH! But when you talk about it on Reddit it's just a completely different job than even a full time job at a worse company and no one on there understands these nuances and many just don't care because they are so desperate just for any job right now.
I just had a retreat this weekend with 8 Formation Fellows and I can tell you how incredibly different and amazing each person is and how their paths are all going to be completely different and I wish I could capture that feeling on Reddit - where people jump on anecdotal and one off info and make life impacting decisions.