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Your only option is to always work for a company that builds products. Consultancies are not an option: they depend on buying cheap man-hours and selling then
by eb0la 9y ago
Your only option is to always work for a company that builds products.
Consultancies are not an option: they depend on buying cheap man-hours and selling then for a profit. As you age, your monetary need will increase and consultancies won't be willing to pay you more... unless you become a manager.
Product-builders are less shy to pay better wages for two reasons: 1) They dilute their wage expenses into a lot of customers and 2) They assume you're a good hire both for them and the competition, so hiring you means getting some leverage against competitors.
- ska 9y agounless you become a manager. Or a specialist with compelling skills.
- sidlls 9y agoAll that does is raise the ceiling slightly. The number of specialists with compelling skills earning much more than typical ICs is dwarfed by the number of senior directors, VPs and C-suites earning as much or more as the specialist can.
- ska 9y agoSure, but there is nothing wrong with that. Most developers, say, do not have any career path that ends them up in the C-suite, so holding that up as a comparison isn't very useful. If you finish out your career as a middle manager or a technical specialist, it looks much more similar. It's a path to consider for many people, but realize there are far fewer opportunities (and less lateral mobility).