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Well the problem for a start is the idea that there are only a fixed number of job openings available. My experience is that this is not really true. In e.g. s
by xyzzy123 13y ago
Well the problem for a start is the idea that there are only a fixed number of job openings available. My experience is that this is not really true.
In e.g. security consulting, we certainly hire good people wherever we can find and afford them. Being reductive for a minute, each consultant is essentially a cab with a little taxi meter over their their head, and more cabs = more money, up to the limit of available work (which no-one in the industry is anywhere near hitting).
I hear a similar story from my brother who is a plumber.
- nhaehnle 13y agoI acknowledge what you say at a micro level. Most knowledge-based businesses have some flexibility in hiring when "super stars" come along. I think this is essentially just noise contained in the cost of doing business, though. The reason why I think this: This behavior would break down if things really changed at a macro scale. If there were suddenly lots of people who are great at doing penetration testing or code audits or whatever your particular specialty is, you would raise your standards and start to turn more people away. Another way to look at it is supply and demand. If there really were demand for people - rather than just a permanent watchfulness for grabbing up above average people when you can - basic economics would predict that salaries would increase. Generally speaking (there may always be some very small, localized exceptions) this is not what is happening.