Re:The college-for-all model isn't working
by roc on Wednesday December 04, 2013 @02:08PM
(#6849282)
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?
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?