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It's a more diverse industry with many companies and many types of jobs. If you don't like one job, you can quit and try another. Which people tend to do multip
by jltsiren 6mo ago
It's a more diverse industry with many companies and many types of jobs. If you don't like one job, you can quit and try another. Which people tend to do multiple times in their careers.
Software industry has always been plagued by attrition. Some companies pay well and mostly employ younger people. Older employees eventually filter out, either because they have already earned enough and prefer better work-life balance, or due to ageism. And then there are occasional downturns, where many people lose their jobs, can't find new ones, and end up leaving the industry permanently.
People generally prefer careers with multiple viable employers. Not just in the world, but also in the same metro area. That way you are less likely to get stuck in a job you don't like. But if you are an employer with unique requirements. Of skills that take years to learn and that people are not likely to acquire on their own. Then you may need to pay ridiculous money (more like AI than FAANG) to substantially widen your talent pipeline. And if you pay ridiculous money, you risk ridiculous consequences.
- mitthrowaway2 6mo agoIt sounds like you're arguing that Zeiss needs to pay even more than FAANG to succeed in attracting people to work for them, which is a point that I agree with.
- lotsofpulp 6mo ago>And if you pay ridiculous money, you risk ridiculous consequences. And if they do not, they risk ridiculous consequences. If Zeiss cannot afford to pay more, then it is underpricing its products.