4 ms·
That's a great theory, but in the real world, certain professions and job roles have categorically enjoyed much higher compensation than average over long stret
by freyr 11y ago
That's a great theory, but in the real world, certain professions and job roles have categorically enjoyed much higher compensation than average over long stretches of time. Upper management is an obvious example; it's been well compensated for as long as the concept of upper management has existed, and as much as we might fantasize about it, there are no signs that managers around the world will suddenly be paid less than their subordinates.
Yes, there may be micro-fluctuations where every company is suddenly scrambling to hire the latest flavor of the month (e.g. data analyst is now data scientist). These are hard to predict. But you know who will reliably earn more than the data scientist in three years? The data scientist's boss.
- Chris2048 11y agoAh, but there's a lot of politics and personal-influence-opportunity in management, that's the barrier. > But you know who will reliably earn more than the data scientist in three years? The data scientist's boss. I'm not 100% sure of this. There will be a boss in the chain that earns more, but actually I suspect that this isn't always true, given one assumption - the boss, as a job requirement, has to have a good knowledge of DS (maybe an ex/senior DS?), in which case this barrier ensures management will get higher pay - otherwise they'd just stay/go into in DS.