← All threads

Is the market sparse right now or are people making 137k on average out of a bootcamp? They seem to both be concurrently true

2 of Michael's comments in this thread · View thread on Reddit ↗

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

I believe the median was 137k actually so it is skew free

u/michaelnovati replied · ★ FEATURED
1. Codesmith has a bimodal distribution, so there is a chunk of people making on the low side and a chunk of people making on the high side, and few people making in the middle. 2. But that $137K was Q2 2021 when a ton of people went to Capital One and Amazon, both companies with high base salaries (which is the only thing reported to CIRR) which bump that up significantly. It fell by $10K in Q1 2022 as those companies slowed down. 3. That is the median of PEOPLE PLACED WHO REPORTED SALARIES, not the median of all Codesmith grads, add in the 10 to 20% of people without jobs who have $0 salaries and that's not the median anymore.

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

Trying not to be biased or entitled here, but I don’t think I care too much about the average per cohort. I know where I stand in terms of skill from people in the current bootcamp group and other groups stagnated from mine, and I’m curious if there exists a pathway that I wouldn

u/michaelnovati replied ·
I have seen people with no SWE experience but have Ivy League school math/science degrees, friends at FAANG who do backchannel referrals, and a few years an i-banking, get $200K TC at FAANG-level companies, if that's what you mean by competitive. Feel free to DM me if you want to share more personal stuff or your resume and I can give you my quick 2 cents on your background specifically.