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by entuno
385 days ago
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This used to be addressed by the fact that people were loyal to companies - so it was in the company's interest to spend years training them up investing in them, with the knowledge that they might get decades of productive work out of them afterwards. One of my grandparents joined a company as an apprentice as 16, got trained by them, and then worked there for 40 years until retirement. But nowadys with the culture being much more to to repeatedly jump between companies looking for salary increases, there's a lot less incentive to train juniors - because odds are they're just going to get poached or jump ship before that investment has really paid off. The big companies or startups with VC funding and deep pockets will always be able to hire experienced people - but it's going to become increasingly hard for other people (and particularly public sector and nonprofits) to do so, as the pipeline of juniors -> seniors is being eroded. |
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And what are the odds that any given company is even going to be around for 40 years these days?