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Formation Conflict of Interest

r/codingbootcamp

u/Weird_Ride213 wrote (the comment Michael replied to):

How is it not misleading to showcase a $766k salary on your homepage without any context? There's no information on the job title, prior experience, the company, or the time it took to achieve this salary. Highlighting a single anecdote of a $766k salary doesn't help anyone under

u/michaelnovati replied · ★ FEATURED
I don't really think this is a great number but it's far from misleading, it's very clear what the number is and how it was calculated, and that it was the highest reported offer in 2024 up to April 22nd. We then talk to each person before joining to explain how Formation works and learn about your individual goals and advise if Formation is a good fit or not. I can't give specifics about that person because it's not public and I haven't asked for permission, but the person placed at Meta in a SWE role and has about 13 years of experience. The person took their time and was currently employed when doing Formation. The offer is very reasonable for everyone at that level and we have a couple of people in Formation now at that level who are looking at changing companies. That number is a bit low for them and we had to talk and explain to them about what their outcome might look like. At the same time there are people with less than a year of contract experience post bootcamp who have been really struggling for a while. Non of them expect a $766K offer. We're working with them to get apprenticeships and contract to hire and other roles and we work with people until they get a job.