[shsjxjbsbs]

Titles can be worth a lot to employees, but employers get to provide them for free. I think helps answer many questions:

1. Why do most of the programmers at my job have a title of Senior Engineer or better?

2. Why does Goldman Sachs have thousands of Vice Presidents?

3. Why does Oracle have two CEOs?

The only thing that the employer has to worry about is a perception of title inflation, but there’s a tragedy of the commons problem. This can be combated by creating higher-end titles. I wonder when we’ll see a company with a CCEOO.