4 ms·
I wonder how much of the perfect retention for non-developers is because of "gold-plated handcuffs"? It would obviously be nice to make X% of the market rate fo
by tfehring 8y ago
I wonder how much of the perfect retention for non-developers is because of "gold-plated handcuffs"? It would obviously be nice to make X% of the market rate for your position for X >> 100, but it would not be nice to have to take a (1 - 100/X)% pay cut if you want to leave the company for whatever reason. Lots of people can't afford to take a substantial pay cut because they align their recurring expenses, particularly housing, with their salary.
Also, it's interesting to consider how much this would force "bullshit jobs" to be automated, either internally or through SaaS offerings. Note that "bullshit" != "traditionally low-paying" - customer support roles, which are crucial but traditionally low-paying, are the obvious counterexample.
- cortesoft 8y agoYeah, I have definitely noticed this... when I was younger, I felt a ton of freedom, knowing I could get another good job easily if the one I was in went south. As my career advanced and I kept making more money, I started to realize that there were fewer and fewer jobs available that could pay my salary. It is a weird feeling.