Yo if you are doing COBOL systems maintenance for 90k you arent charging enough.
That’s all this meme means. Consultants on COBOL maintenance can make 90k in a week. This is not the area where companies pinch pennies.
A lot of banks have bootcamps where they pick up unemployed people who might not have ever had tech experience in their life. They teach them COBOL and mainframe basics in a few months, and, if they do well, give them a shitty $60k annual job.
Source: know someone who went to one of these bootcamps and now works for a major us bank.
So you’re saying you can get free training then just leave for a real paying company eh
I imagine they have some absurd contract that says they can’t leave for 89 years or whatever
This has been going on for decades. My dad became a COBOL programmer in 1980ish after taking an aptitude test in answer to a newspaper ad. Y2K consulting was a pretty good gig.
My experience with Fintech and the financial sector is that they don’t care about how much, they only care about how fast.
Who would’ve thought a sector with gold flowing through its hands would be so stingy when it comes to updating their backend that they’d end up relying on a dying language, and call upon AI to update it for them rather than just paying a competent team to create and rigorously test a new backend in a modern language
Honestly not the right format for that meme template lol. The monkey should represent one person doing both looks.
Saw this post and all the redditors getting dreamy eyed at the idea of learning COBOL.
https://www.pcmag.com/articles/ibms-plan-to-update-cobol-with-watson
The historic high salary for COBOL Devs etc is also partially due to them mostly being old and extremely experienced senior devs
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I swear to god, companies are nowadays just picking the solution with the most buzzwords. Any compiler engineering student knows how to write a transpiler from one language to another, while getting this right is a cumbersome task, it still completly automated afterwards. Just hire a few compiler engineering phds and the job is done in at least half a year.
Look what i found after a quick google search:
You want to translate COBOL to another language? That exists as a commercial product! The complexity is not the syntax though, it is the environment and subsystems surrounding the code. A lot of COBOL is designed for mainframe systems, and emulating a mainframe is complex.
You also end up with code that is still written as if it were COBOL. The syntax for COBOL is the easy part and that is all you can easily replace. Afterwards you’re still stuck with the way of working and mindset, both of which are quite peculiar.
The company I work for recently looked at all of this, and we decided not to translate our code.
Just make the devs learn the language if they don’t know it already. What kind of shitty mid to senior dev can’t learn a new language in a reasonable amount of time.
That’s because the COBOL OGs are retired/ing and the industry has been training young people telling them “yeah, sorry, this is all we can pay you”. Here in Europe, they’ll take unemployed people from a different industry, put them on a training course, and bang! you’ve got a grateful new dev who doesn’t know how much they are worth.
You just gotta keep spreading the message. I keep happily sharing my salary, especially with younger, less experienced devs, so we can all win better.programmers desperately need to unionize
For real. Even just talking to your fellow coding monkeys helps. It’s ironic that for example here in France, despite all our workers rights and revolutionary tradition, speaking about your salary is still a social faux-pas. And who benefits? Certainly not us.
what i’m gathering from this thread is that i should learn cobol
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$60K doing what and where?
Probably anything outside the US.
I once applied for a “database admin” job at one of the big credit card companies. The job description was basically “run all our Oracle databases” and the salary was in the mid 2 millions USD, but I assumed that figure was typo’ed or something ( an extra 0 maybe?)
In the interview I learned that there was no typo and it was to be one of the seven people on the planet that run the databases for this credit card processor. They said “if the database goes down then we are losing billions of dollars a minute”.
Anyways I didn’t get the job, but they’re not all underpaid.
Fuck that job I would probably get stomach cancer from all the stress
$2m is enough to pay for chemotherapy
There is no relationship between what you earn and your skill level. If there were, theoretical physics would be a top paying field. The reason is, this is capitalism and we are horrible negotiators. If you want to earn top money in a technical field, the best you can do is insert yourself in a revenue stream. Roles that are critical to revenue like a billing system or associated with a intrinsically valuable commodity e.g. petrochemical, are more lucrative than other similarly skilled professions.
It feels like blaming everything on capitalism is a Lemmy meme.
EDIT: smh look at all the capitalists smashing the downvote button as if it were a poor.
At what point does the cost of tech migration outweigh the cost of training people on a more and more specialist paid language just to not have to migrate to a memory safe higher level language like C or Go or Rust or Lua.
Didn’t say python because oh sweet Jesus the slowdown alone would grind the global economy to a halt if we were running all our banking software on Python XD
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In my experiemce, Java shoots processing usage up while COBOL uses much lesser CPU / memory
