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Vertical movement in most tech companies has stalled for 25 years, and there are several reasons why. However... in general, it is easier to transition into a
by Joel_Mckay 3y ago
Vertical movement in most tech companies has stalled for 25 years, and there are several reasons why.
However... in general, it is easier to transition into a more lucrative position at another firm, than try to negotiate with people/agencies that think employees can be outsourced for 20 cents to the dollar. FAANG colluded to prevent labor organization on several occasions, and political critters saw an opportunity to make a quick buck.
There is likely no real STEM shortage, but rather a shortage of people willing to work in poverty domestically. I would argue we need more politicians, CEOs, and investment bankers willing to work for just standard wage rates... think of the investor profit margins.
Best of luck, =)
- abigail95 3y agoDo you in FAANG...? You know there are plenty of high level engineers under 45 so I'm not sure how you see a stalled vertical movement. 25 years ago was 1998.
- Joel_Mckay 3y agoThe probability a Division Manager was purely internally sourced approaches <0.001%... given the vast majority of Jr people are burned out... then churned out in less than 3 years. It actually was a joke tradition at Apple, where engineers tended to leave at the exact same position they started. If you want to grow in tech, than expect to hop companies every 2 years. Good luck, =)