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I feel like this article describes the problem well without making any headway on the solution. It doesn't make financial sense for companies to train juniors
by fishtoaster 5y ago
I feel like this article describes the problem well without making any headway on the solution. It doesn't make financial sense for companies to train juniors so they should... just hire juniors?
Honestly, I think this is going to be a self-correcting problem. Seniors will become more and more expensive until it is cost-effective to hire juniors. If you can hire a senior for the price of 1.5 juniors, you probably do. If you can only hire a senior for the price of 5 fresh grads, you start looking real hard for ways to make those juniors effective.
It certainly sucks for people trying to enter the workforce now, but it seems like it'll ultimately reach a new equilibrium.
- ghaff 5y agoAnd/or you provide better incentives for people to stick around. Without getting into the specifics, the dynamics are that many companies assume that people are going to move on in a few years anyway so there's no real point in investing in existing employees so existing employees do indeed move on in a couple years.
- arnvald 5y agoHi! Author here. You're right, I don't think there really is a solution - in such a large and global market it's impossible to convince enough players to start contributing more towards common good. On a macro scale we'll go back to where we were (that's also my conclusion in the article), but it's possible that in smaller scale some companies who never considered hiring juniors will start doing it, or compans will start collaborating more with bootcamps or others non-traditional schools to improve the skills of entry-level candidates