> More practically, I still see a lot of exaggerated expectations in the juniors coming through my employer. Maybe I’m getting old, but it’s becoming frustrating to watch people get six-figure jobs right out college doing remote coding work from the comfort of their homes with ample mentoring, only to complain because Reddit and Blind led them to believe they’d be earning $300K at FAANG jobs while working 20 hours per week
This, my friends, is an example of corporate speak. What this statement misses, is that, you NEED $300k salaries to buy houses in places where you get said salaries.
What's more? The average new grad is NOT starting at zero. They are starting at negative. So, the $300k salaries are required to get to zero first. By the time these graduates get to zero, house prices have increased substantially. So they will likely need $400k salaries to afford houses by then.
What's more, the execs and upper management are making a HELL LOT MORE every passing year, without adequate checks on their productivity. At the same time, the new grad must grind to keep making them richer.
The gen Z new grad understands this predatory exploitation very well. That's why people are complaining. Reddit and Blind are merely the channels by which the complaints are happening.
Stop this corporate-speak. Let profits got to employees, not just the shareholders passively earning income. The world will be a happier place with this small change.
This, my friends, is an example of corporate speak. What this statement misses, is that, you NEED $300k salaries to buy houses in places where you get said salaries.
What's more? The average new grad is NOT starting at zero. They are starting at negative. So, the $300k salaries are required to get to zero first. By the time these graduates get to zero, house prices have increased substantially. So they will likely need $400k salaries to afford houses by then.
What's more, the execs and upper management are making a HELL LOT MORE every passing year, without adequate checks on their productivity. At the same time, the new grad must grind to keep making them richer.
The gen Z new grad understands this predatory exploitation very well. That's why people are complaining. Reddit and Blind are merely the channels by which the complaints are happening.
Stop this corporate-speak. Let profits got to employees, not just the shareholders passively earning income. The world will be a happier place with this small change.