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by MillenialMan
1651 days ago
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The vast majority of titles in tech confer more prestige than deserved, because there's no downside to a company handing them out like candy. I don't look at it as a portability issue, the incentive isn't to be accurate to begin with. Inflated seniority is just a perk they can offer that doesn't cost them any money, so everyone offers it. Titles across the industry are meaningless unless you're calibrated to that company's levels. |
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Legal at a bank only a vice president or higher can make some loan decisions. Thus if you go to a large chain bank to get a mortgage you will talk to a vice president. Their title must be vice president, but they doesn't make a lot of money, and don't have much power other than the ability to give you a mortgage.
Last time I posted the above someone chimed in "yeah, even though all I do is write code all day I'm a vice president because what my code does can only be done by a vice president"
You also see a lot of salesmen who are vice presidents - again they don't have a lot of power in the company, but the places they sell to want to talk to a vice president so sales hands out those titles.