| It's harder than ever for young researchers to get initial grants. The pay is seriously lagging industry. In many cases, the resources at your disposal are substantially larger in industry as well. Meanwhile, universities are increasingly run by administrators. Faculty have more service requirements and less autonomy than in the past. Overhead expenses are higher than ever, as well. Furthermore! Tenured faculty are hard to fire, or even force into retirement. They draw large resources even after they retire in pensions and emeritus status. So open faculty positions are constantly hard to come by. Last year I made a move to industry, from a research position at a well regarded program. I multiplied my salary by a nice integer, and I had multiple job offers from fortune 500 tech companies and a few of the HFT hedge funds that users are familiar with on this website. I wouldn't have had a shot at a faculty position at anything that I would have considered a tier-1 research organization. Don't get me wrong, I loved my time in academia and I was very well treated, relatively speaking. But I was absolutely at a point of diminishing returns where I would have floundered around like so many of my incredibly talented and hard working friends who are still postdocs/non-permanent staff at these institutions. |
I teach one course at a local university. I have near-total academic autonomy but I also have six different bosses, none of which actually teach. A new term just started. I show up at the staff room to learn that I cannot get on the wifi or classroom podiums until I "accept" my latest contract, which has yet to be sent to me. I taught the first class on my laptop wired (hdmi) to the projector and tethered to my phone. Too many people being paid to creating silly rules and pointless systems.
I'm starting a new job in another city next month (government). After explaining to my students that a different prof will cover the last half of the course they couldn't care less about the subject of my lecture. They wanted to hear about how I actually "got a real job". Interview processes and resume writing are more important to them than actual knowledge.