u/programmingpineapple wrote (the comment Michael replied to):
I am 100% applying for their mentorship program once I get close to finishing my degree. I just started yesterday in Software Development and will switch to Software Engineering either in the second term or after March 1, depending on how fast I progress through my courses (befor
u/michaelnovatireplied·
They released a press release about 8 months ago saying the average compensation was $140K but their website now say 91% of people make $165K+ so I would try to get more details and breakdown on their numbers. If 91% of people made exactly $165k and 9% of people made $0, then the average would still be above $140K lol.
It's possible that they just don't have that many people and added a handful of new high earners in the second half of the year that brought up that average.
The program I started has about 80% of people land at top tier companies, and the average total compensation for people with under 3 years of experience is close to $200K so these numbers don't seem crazy, I would just get more details!
u/programmingpineapple wrote (the comment Michael replied to):
Even if 9% land at 0 then those 9% receive any investment they made back so they haven't really lost anything lol Still seems like a win-win to me... I'll get coding and interview experience and if I don't find a job, I get my initial investment back (which will prob be $500), if
u/michaelnovatireplied·
Yeah, it's a great model when most people get high paying jobs! It's a great win win for us too, and I agree.
u/programmingpineapple wrote (the comment Michael replied to):
Ah I see, you have a mentorship program yourself lol. Well I will certainly check it out. As I said, I'm open to all options as I just started my degree program two weeks ago so I still have some learning to do and I appreciate the transparency of your pricing structure :)
u/michaelnovatireplied·
Oh yeah sorry, I'm not normally in this sub, but I should have given context yeah, co-founder of Formation.dev. We typically work with people with 1 to 3 years of work experience but have a very simple pricing model.
u/programmingpineapple wrote (the comment Michael replied to):
So you don't work with new grads then? That's a bummer and would make coachable a more viable option for me unfortunately. But I checked out your website and looks like you've got a great thing going so I'll keep it in my brain bucket for future reference 😉
u/michaelnovatireplied·
If you are graduating in 2024 we have something very special coming next week. Stay tuned!
u/programmingpineapple wrote (the comment Michael replied to):
I will be graduating in 2024, so I'm looking forward to finding out what you're referring to...where exactly should I stay tuned to lol (I don't have much social media....just this, Instagram, and LinkedIn)??
u/michaelnovatireplied·
Formation.dev on LinkedIn yeah, I will also on Reddit if you follow me or caMajors or CodingBootcamp