| They are actually likely to be paid more. Starting salary, at some of these companies, is crazy[0]. “Senior people are more expensive!” Is a red herring. I was actually told, by recruiters, that I was asking too much, because of my age (I was asking for less than starting salary at most companies). For myself, I had my retirement set. I was looking for work that interested me, and would have been happy with half of what people with far less experience would have demanded. I just needed to keep the lights on, and have insurance. I wanted to solve difficult problems, and work on a team. That's what I have been doing my entire adult life. It’s about what is euphemistically called “cultural fit.” i.e. “young,” in most cases. Look at most "all hands" photos of a lot of tech companies. Smiling young faces abound. There may be one or two greyhairs, but, in my experience, a bit of digging, reveals them to be very high up on the food chain. In big corporations, with highly-structured process, that’s actually understandable. In smaller companies, it’s likely corrosive to innovation and flexibility, but everyone wants to set themselves up to copy “the big kids.” Maybe VCs also feed that. I don’t have experience, working with VCs, but I do know they have outsize influence in the startups they support. [0] https://www.monkeyuser.com/2020/new-hire/ |