4 responses to “The worth of employee knowledge”

  1. aditya

    Tax breaks for companies that employ and retain people? Ain’t that Socialism now? /sarcasm.

  2. simjockey

    You’re generalizing by saying large corporations don’t value knowledge. I work in a place where we have some engineers who have been working in this area for 20+ years, and the wisdom they’ve accumulated clearly shows in their work. These are also the folks making the important technical decisions, so the experience is definitely being valued.

    I do agree that many (most?) corporations don’t fully understand how important the contribution of certain employees is, and so make bad decisions about retaining them. However, this is a much weaker claim than the one you’re making – that corporations don’t value experience.

  3. Stanley Ma

    I agree with simjockey. No one on my design team is in their 20’s, or even early 30’s for that matter.

  4. FrauTech

    I think it’s a good point only that it’s not a large gear being replaced by smaller cheaper gears, it’s a lot of gears being eliminated and one medium sized gear being asked to do the same level of work.

    Offers to new hires in the right range of experience (maybe 5-15 average) can command fantastic offers and great positions. New grads are having a tough time being hired as well as older engineers that haven’t sold out and moved into project management. The loyal gears that have stuck around turning and working for the machine are not be rewarded in ways that they used to be, which has been a trend for a while but companies are using the economy to capitalize on that.

    We have a significant number of people in their 30s and 40s with a decent spread in 20s and 50s as well here though. I think the older management types (typically 40s) are afraid to hire engineers closer to their age because they’re seen as a threat so we trend young. But I definitely wouldn’t say older workers are being replaced by younger, just that they are hiring fewer and fewer people, and the 5+ years of experience seems to be the goldmine for who they hire, often for positions and technical level you’d expect somone with 15+ years to fill.