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by jtzhou 4023 days ago
> The gigantic tech companies are always complaining they can't find 'good people'.

The "can't find good people" argument can usually be solved either 1) raising the pay, or 2) increasing the labor pool (i.e. H1B, etc). Raising the pay is what is done in finance because it's harder to make the argument that the required "skills" are lacking in the labor pool. To enter investment banking, and then private equity, it often only requires a B.A. in French literature and willingness to work 90 hours.

1 comments

The "supply problem of engineers" is the great lie of our industry of our time.

I guarantee if dev positions paid as much as medicine or ibanking you'd have more devs. Not necessarily really good devs, but certainly people who pass the Ivy + 1600 SAT sniff test and can memorize the SAT book of Google interview questions.