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The experience of the dot com bubble suggests the general shape of how much salaries can increase and requirements decrease. [1] As we're not remotely approach
by roc 13y ago
The experience of the dot com bubble suggests the general shape of how much salaries can increase and requirements decrease. [1]
As we're not remotely approaching either end of that envelope, I'm not too convinced that any hard limits are coming into play.
I mean, we're not talking about whether anyone can hire couriers to write web services for six figures. We're talking about whether employers are willing to hire people with 5 years of experience with Technology X at X% more than their last comparable hire, as opposed to waiting around for the posting-perfect-match outlier with the requested 10 years experience, but who'll accept essentially the same wage as that last 5-years-experience hire.
[1] Much of that might have been arguably unsustainable, but not all. And again, we're talking about degrees and trends: are offers going up at all? Are employers budging on requirements at all?