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It varies by field, but in my experience companies value experience in academia at about 1/2 the rate of experience in industry. So someone who spent five year
by antognini 6y ago
It varies by field, but in my experience companies value experience in academia at about 1/2 the rate of experience in industry. So someone who spent five years in grad school getting a PhD and then spent another three years as a postdoc might be considered the equivalent of someone with four years of experience in industry. If you are going to leave academia anyway it is much more efficient to do it as soon as possible.
It does depend on the role though. If the company is hiring someone who is a world expert in your specific research subject it makes sense to have stayed to become the world expert. But I think that's unusual. Much more commonly people leave academia and go into more generic "data science" type roles in which case extra postdoc years don't really help you.
Of course if you enjoy the research and don't mind the opportunity cost then there's nothing wrong with staying.
- DrAwdeOccarim 6y agoReally insightful comment, I completely agree. It also has to do with the resources available in industry that increases the time value. You can get so much more done in industry because you have larger budgets and tighter timelines. The beauty of academia is it allows you time to ponder. So yes, it's less efficient but you typically find serendipity on the long way home compared to taking highway.