Re:The STEM Crisis Is a Myth (2013)
by dotcommand on Wednesday August 04, 2021 @12:46PM
(#28063201)
> Why would a company pay more than they need to?
There is the prestige factor. And of course pressure from the employees. If you are making $600K per employee and it's public, they'll demand more.
> I would pay 4x the price for grapes if required. I don't as I would prefer to spend less on grapes.
But you do. That's the point. If you make $600K and another person makes $100K, you are far more likely to buy grapes whenever you want/need rather than waiting for the grapes to be on sale.
> Unless there is something that prevents from from becoming mid-level engineers. Like companies that don't hire junior level engineers at all and have mid-level be the entry level.
But the tech industry favor junior/younger employees. Ageism is a thing in the tech industry.
There is the prestige factor. And of course pressure from the employees. If you are making $600K per employee and it's public, they'll demand more.
> I would pay 4x the price for grapes if required. I don't as I would prefer to spend less on grapes.
But you do. That's the point. If you make $600K and another person makes $100K, you are far more likely to buy grapes whenever you want/need rather than waiting for the grapes to be on sale.
> Unless there is something that prevents from from becoming mid-level engineers. Like companies that don't hire junior level engineers at all and have mid-level be the entry level.
But the tech industry favor junior/younger employees. Ageism is a thing in the tech industry.