> If you can't hire someone at your expected price then maybe you should raise it. Maybe the market price has gone higher than what you perceive it to be. That CEO could find his 30 "10x" engineers in a heartbeat if he offered 300-500k. Its not your god given right to be able to hire x number of employees for the price you hired your previous employees at.
It's a zero-sum game. If company X hires all 30 of the best engineers currently looking for a job, company Y cannot. Company Y can offer more in an attempt to lure them, but then Company X will be SOL.
We're talking about macro issues here. We want as many companies as possible to succeed.
Or to remain engineers, or to get BACK into engineering without taking a pay-cut. It would increase the supply of good engineers immediately. But I don't disagree with pg; I think we should hire all the greatest engineers in the world, except for the fact that we cannot identify them.
This. Wall Street is full of near-geniuses who would be doing something more productive if finance companies weren't the ones offering the biggest salaries.
"It's a zero-sum game. If company X hires all 30 of the best engineers currently looking for a job, company Y cannot. Company Y can offer more in an attempt to lure them, but then Company X will be SOL."
So what? Why is that a problem that needs to be solved?
I'd like to offer a minor correction. We want as many companies that provide positive value to the economy to succeed.
There is a positive (but not r=1) correlation to providing value to the economy and offering higher pay to employees. We (that is to say, software pros) don't want all companies to get as many software workers as they might want, because they wouldn't pay any one of us a decent middle-class wage.
Does the economy exist for society or does society exist for the economy ?
> We're talking about macro issues here. We want as many companies as possible to succeed.
This is a "society exists for the economy" answer to the question. The whole point of the economy is to decide division of resources. If that means you don't get any as a CEO, well then you should just get the same treatment as a person entering your store without money.
Congress is not talking about increasing elite programmer visas (those visas exist, require extraordinary support for the visa, ie. extraordinary pay or extraordinary credentials, so these people are not a problem IF you're willing to pay). They're talking about letting the Indian "consulting"(what they call it)/slavery(what every sane person calls it) do double or triple the amount of work they do now. WIPRO will be the main beneficiary of this.
I find it kind of hard to believe that companies actually complain about this. But from a perspective of "more money for me (NOW), not for you" it makes sense.
From a perspective of maximizing our countries opportunities I would argue it does not (by itself) make sense.
It's a zero-sum game. If company X hires all 30 of the best engineers currently looking for a job, company Y cannot. Company Y can offer more in an attempt to lure them, but then Company X will be SOL.
We're talking about macro issues here. We want as many companies as possible to succeed.