Commit | Line | Data |
---|---|---|
299a08f3 NR |
1 | SOFTWARE DEVELOPERS ARE NOW MORE VALUABLE TO COMPANIES THAN \r |
2 | MONEY, SAYS SURVEY (CNBC.COM) \r | |
3 | \r | |
4 | Thursday September 06, 2018 @11:30PM (BeauHD)\r | |
5 | from the new-breed-of-corporate-leaders dept.\r | |
6 | \r | |
c715ea02 | 7 | o Reference: 0102640098\r |
299a08f3 NR |
8 | o News link: https://developers.slashdot.org/story/18/09/06/2024232/software-developers-are-now-more-valuable-to-companies-than-money-says-survey\r |
9 | o Source link: https://www.cnbc.com/2018/09/06/companies-worry-more-about-access-to-software-developers-than-capital.html\r | |
10 | \r | |
11 | \r | |
e818d449 NR |
12 | An anonymous reader quotes a report from CNBC:\r |
13 | \r | |
14 | > As our global economy increasingly comes to run on\r | |
15 | technology-enabled rails and every company becomes a tech\r | |
16 | company, demand for high-quality software engineers is at an\r | |
17 | all-time high. A recent study from [1]Stripe and Harris Poll\r | |
18 | found that 61 percent of C-suite executives believe access to\r | |
19 | developer talent is a threat to the success of their business.\r | |
20 | Perhaps more surprisingly -- as we mark a decade after the\r | |
21 | financial crisis -- [2]this threat was even ranked above\r | |
22 | capital constraints . And yet, despite being many\r | |
23 | corporations' most precious resource, developer talents are\r | |
24 | all too often squandered. Collectively, companies today lose\r | |
25 | upward of $300 billion a year paying down "technical debt," as\r | |
26 | developers pour time into maintaining legacy systems or\r | |
27 | dealing with the ramifications of bad software. This is\r | |
28 | especially worrisome, given the outsized impact developers\r | |
29 | have on companies' chances of success. Software developers\r | |
30 | don't have a monopoly on good ideas, but their skill set makes\r | |
31 | them a uniquely deep source of innovation, productivity and\r | |
32 | new economic connections. When deployed correctly, developers\r | |
33 | can be economic multipliers -- coefficients that dramatically\r | |
34 | ratchet up the output of the teams and companies of which\r | |
35 | they're a part.\r | |
36 | \r | |
37 | \r | |
38 | \r | |
39 | [1] https://stripe.com/reports/developer-coefficient-2018\r | |
40 | \r | |
41 | [2] https://www.cnbc.com/2018/09/06/companies-worry-more-about-\r | |
42 | access-to-software-developers-than-capital.html\r | |
299a08f3 NR |
43 | \r |
44 | \r | |
45 | ** So why not treat them well? (Score:5, Insightful)\r | |
46 | (by gweihir ( 88907 ))\r | |
47 | \r | |
48 | \r | |
49 | Naa, that would be un-capitalist. Developers must be cheap\r | |
50 | wage-slaves that do not have a real career-path and are unable\r | |
51 | to find a job once they hit 50. That will surely not have any\r | |
52 | impact on whether smart people go into software writing or not,\r | |
53 | right?\r | |
54 | \r | |
55 | ** Re: So why not treat them well? (Score:1)\r | |
56 | (by Dannis12345 ( 5512754 ))\r | |
57 | \r | |
58 | \r | |
59 | This is really true. As the fact that the IT leads the world.\r | |
60 | \r | |
61 | \r | |
62 | ** \r | |
63 | \r | |
64 | ** Re: (Score:3)\r | |
65 | (by ShanghaiBill ( 739463 ))\r | |
66 | \r | |
67 | \r | |
68 | > But even so, I hear these horror stories about how\r | |
69 | > software developers are treated and I just have not seen\r | |
70 | > it.\r | |
71 | Me neither. I have worked for companies that had catered\r | |
72 | meals, free soda, laundry service, sky diving bonding\r | |
73 | trips, etc. I have had plenty of opportunities to travel.\r | |
74 | I have worked some late nights, and done a few death\r | |
75 | marches, but those only lasted a few weeks, out of a\r | |
76 | career lasting decades.\r | |
77 | Software developers are likely the most spoiled employees\r | |
78 | in the history of the world.\r | |
79 | People will alway whine.\r | |
80 | \r | |
81 | ** Re: (Score:2)\r | |
82 | (by gweihir ( 88907 ))\r | |
83 | \r | |
84 | \r | |
85 | > People will alway whine.\r | |
86 | And there you are wrong. I have a pretty good career\r | |
87 | myself. But I see how many coders are treated and I am\r | |
88 | not surprised at all that there are by far not enough\r | |
89 | good ones.\r | |
90 | \r | |
91 | ** Re: (Score:1)\r | |
92 | (by NicknameUnavailable ( 4134147 ))\r | |
93 | \r | |
94 | \r | |
95 | As much as I'm for better treatment and perks for\r | |
96 | coders, the issue of "not enough good ones" isn't\r | |
97 | because of that. There's only so many smart people,\r | |
98 | dumb people and mediocre people don't make good\r | |
99 | coders. Some of the above-average ones might make\r | |
100 | the cut as maintenance coders or some incredibly\r | |
101 | soul-crushing AGILE environment where they don't\r | |
102 | actually have to think, but for the most part any\r | |
103 | programming position of note requires a 150+ IQ to\r | |
104 | do even moderately well.\r | |
105 | \r | |
106 | ** \r | |
107 | \r | |
108 | ** Re: (Score:2)\r | |
109 | (by HornWumpus ( 783565 ))\r | |
110 | \r | |
111 | \r | |
112 | How many 3+ standard deviation people are we\r | |
113 | supposed to believe you know?\r | |
114 | Same crit as you gave the GP. I doubt you know\r | |
115 | even one.\r | |
116 | \r | |
117 | \r | |
118 | \r | |
119 | ** Re: (Score:2)\r | |
120 | (by gweihir ( 88907 ))\r | |
121 | \r | |
122 | \r | |
123 | The issue is very much that a lot of the few\r | |
124 | people that could be good at it, see the working\r | |
125 | conditions and career options and go somewhere\r | |
126 | else. Also, 150+IQ people basically do not exist.\r | |
127 | I gather this is some wired non-standard US\r | |
128 | scale...\r | |
129 | \r | |
130 | ** Re: (Score:3)\r | |
131 | (by _Sharp'r_ ( 649297 ))\r | |
132 | \r | |
133 | \r | |
134 | Having a measured IQ >150, I can tell you with\r | |
135 | my excellent two-minute Googling skills there\r | |
136 | are approximately 300K in the U.S. if you're\r | |
137 | using the Stanford-Binet scale. For the\r | |
138 | Wechsler scale, it's more like 140K, which is\r | |
139 | still a lot of people. Heck, the Prometheus\r | |
140 | Society's cut-off for membership is 160+. I\r | |
141 | guess to you, they basically don't exist...\r | |
142 | \r | |
143 | \r | |
144 | ** Re: (Score:2)\r | |
145 | (by ShanghaiBill ( 739463 ))\r | |
146 | \r | |
147 | \r | |
148 | > ... see the working conditions and career\r | |
149 | > options and go somewhere else.\r | |
150 | Where do they go?\r | |
151 | Doctors, lawyers and investment bankers work\r | |
152 | longer hours than programmers. Nearly everyone\r | |
153 | else makes less money.\r | |
154 | Maybe they become underwater welders?\r | |
155 | \r | |
156 | \r | |
157 | \r | |
158 | \r | |
159 | \r | |
160 | \r | |
161 | \r | |
162 | ** Re:So why not treat them well? (Score:5, Interesting)\r | |
163 | (by spagthorpe ( 111133 ))\r | |
164 | \r | |
165 | \r | |
166 | It won't really have any impact, because young people don't\r | |
167 | think they'll ever get old. Or it will be different for them.\r | |
168 | Had a 20-something at my last job make a number of comments\r | |
169 | about some of the older developers there, saying they'd hate\r | |
170 | to still be working at that age, and that they are probably\r | |
171 | stuck doing the same work because they can't learn anything\r | |
172 | new. I don't know why he was telling me this, as I was twice\r | |
173 | his age at the time, but it's obvious that he doesn't think\r | |
174 | he'll be in the same position.\r | |
175 | They ultimately did lay off a lot of their senior engineers\r | |
176 | and replace a lot of the position with 20-somethings,\r | |
177 | including in project management positions. A number of those\r | |
178 | projects never saw the light of day after years of re-writes\r | |
179 | into new frameworks.\r | |
180 | \r | |
181 | \r | |
182 | ** And yet there's agile (Score:2)\r | |
183 | (by xxxJonBoyxxx ( 565205 ))\r | |
184 | \r | |
185 | \r | |
186 | And open concept offices.\r | |
187 | \r | |
188 | ** Re:And yet there's agile (Score:5, Interesting)\r | |
189 | (by Seven Spirals ( 4924941 ))\r | |
190 | \r | |
191 | \r | |
192 | I've quit one job and refused two others because of open\r | |
193 | offices. The two I refused were absolutely flabbergasted by\r | |
194 | my refusal. They literally could not understand why anyone\r | |
195 | wouldn't want to be in an open office space surrounded on 3.8\r | |
196 | sides by glass-walled manager offices, loud ugly marketing\r | |
197 | girls, and a bunch of H1B dudes who couldn't be bothered to\r | |
198 | wear deodorant. That place (MX Logic) had the worst looking\r | |
199 | office I've ever seen. One of them offered me the job on the\r | |
200 | spot after the interview and I was already shutting them down\r | |
201 | and refusing it before they even got started. I told them\r | |
202 | there is about a zero percent chance of getting anyone really\r | |
203 | talented to take the gig, because they had this ridiculous\r | |
204 | noisy slave pit thing going. I nearly left before I even\r | |
205 | *did* the interview I was so disgusted with the place. The\r | |
206 | hiring manager was (of course) offended, but he was also\r | |
207 | clueless. About a year after that interview I had a guy come\r | |
208 | up to me at the local Maker Space who was one of the\r | |
209 | "technical resources" for the company during the interview\r | |
210 | (quiet guy in the back of the room). He told me "My god was I\r | |
211 | cheering when you refused them over the goddamn open\r | |
212 | workspace idiocy. My boss was upset over that for weeks. They\r | |
213 | still talk about it during the hiring process and argue about\r | |
214 | it."\r | |
215 | \r | |
216 | ** Re: (Score:1)\r | |
217 | (by bkmoore ( 1910118 ))\r | |
218 | \r | |
219 | \r | |
220 | > ....One of them offered me the job on the spot after the\r | |
221 | > interview and I was already shutting them down and\r | |
222 | > refusing it before they even got started.....\r | |
223 | It begs the question, why even apply there in the first\r | |
224 | place.\r | |
225 | \r | |
226 | ** Re: (Score:3)\r | |
227 | (by Klaxton ( 609696 ))\r | |
228 | \r | |
229 | \r | |
230 | > It begs the question, why even apply there in the first\r | |
231 | > place.\r | |
232 | So you could see their office environment tucked away\r | |
233 | behind the job description on the internet?\r | |
234 | \r | |
235 | \r | |
236 | \r | |
237 | ** Re: (Score:2)\r | |
238 | (by Ocker3 ( 1232550 ))\r | |
239 | \r | |
240 | \r | |
241 | "But I can See everyone and I know that they're working" -\r | |
242 | Manager If someone doesn't know enough about their direct\r | |
243 | report's job that they don't know whether they're working\r | |
244 | or not without seeing them at their desk, there's a\r | |
245 | problem. Not all jobs are reduced in efficiency by a\r | |
246 | cubicle farm, but if your job is primarily about mental\r | |
247 | focus for the time-intensive tasks, then most people will\r | |
248 | benefit from having their own room. And the employer will\r | |
249 | probably benefit enough that an actual room is a\r | |
250 | worthwhile\r | |
251 | \r | |
252 | \r | |
253 | ** Re: (Score:2)\r | |
254 | (by erp_consultant ( 2614861 ))\r | |
255 | \r | |
256 | \r | |
257 | Sounds like a real horror show. Safe to say you made the\r | |
258 | right move.\r | |
259 | \r | |
260 | \r | |
261 | \r | |
262 | ** Re: (Score:3)\r | |
263 | (by Klaxton ( 609696 ))\r | |
264 | \r | |
265 | \r | |
266 | I've worked in the industry for many years, usually with a\r | |
267 | private office or shared with one person. Recently got a job\r | |
268 | in an agile "scrum" shop, which went to an open floorplan a\r | |
269 | few months later. Miserable experience on both counts. Every\r | |
270 | day you get a Jira work ticket for some "the user wants to\r | |
271 | see" granule of a thing that you had no part in designing.\r | |
272 | Zero privacy. It is amazingly de-motivating.\r | |
273 | \r | |
274 | \r | |
275 | ** \r | |
276 | \r | |
277 | ** Re: (Score:2)\r | |
278 | (by HornWumpus ( 783565 ))\r | |
279 | \r | |
280 | \r | |
281 | Microsoft owns javascript? You have things backwards.\r | |
282 | \r | |
283 | ** Re: (Score:2)\r | |
284 | (by gweihir ( 88907 ))\r | |
285 | \r | |
286 | \r | |
287 | I was thinking the same thing. Although JavaScript, Java,\r | |
288 | and the surrounding ecosystems could have come from MS, no\r | |
289 | doubt.\r | |
290 | \r | |
291 | \r | |
292 | \r | |
293 | ** Yeah, right (Score:5, Insightful)\r | |
294 | (by Anonymous Coward)\r | |
295 | \r | |
296 | \r | |
297 | If they considered developers more important than money, they'd\r | |
298 | pay the developers more to keep the skilled ones. Every time a\r | |
299 | developer leaves a company, a hunk of business knowledge walks\r | |
300 | out the door with him.\r | |
301 | Companies care about that quarter's finance report, and the\r | |
302 | C-level execs care only about fleecing the company for all they\r | |
303 | can stuff into their own pockets. Look at what they do, not what\r | |
304 | some survey says.\r | |
305 | \r | |
306 | ** \r | |
307 | \r | |
308 | ** Re: (Score:3, Interesting)\r | |
309 | (by Anonymous Coward)\r | |
310 | \r | |
311 | \r | |
312 | LOL. You've massively understated the ageism and the issue\r | |
313 | of job qualifications.\r | |
314 | First, the ageism problem is associated also with a\r | |
315 | problem that people aren't allowed to take breaks. After\r | |
316 | having great success even to the point of being a chief\r | |
317 | architect on an 80-man program, I quit working for a while\r | |
318 | and now can't find anyone who will let me start at the\r | |
319 | bottom.\r | |
320 | But, the job qualification thing is really ridiculous. A\r | |
321 | good software engineer is a specialist at picking up new\r | |
322 | domains, languages, frameworks,\r | |
323 | \r | |
324 | \r | |
325 | ** Re: (Score:2)\r | |
326 | (by Anonymous Brave Guy ( 457657 ))\r | |
327 | \r | |
328 | \r | |
329 | > Don't know where you live, but in most places I think\r | |
330 | > developers are paid fairly well. We offer\r | |
331 | > straight-out-of-school newbies $80-$90k, and still some\r | |
332 | > turn us down for better offers.\r | |
333 | Most places are not the Bay Area or a few big US cities.\r | |
334 | In most of the world, new starter salaries in software\r | |
335 | development are rarely more than 1/3 of that level, and in\r | |
336 | many places they are much lower.\r | |
337 | \r | |
338 | \r | |
339 | ** Re: (Score:2)\r | |
340 | (by Ocker3 ( 1232550 ))\r | |
341 | \r | |
342 | \r | |
343 | Your post is probably at zero rep because it was posted\r | |
344 | AC, but you make good points.\r | |
345 | \r | |
346 | \r | |
347 | \r | |
348 | ** \r | |
349 | \r | |
350 | ** Re: (Score:3)\r | |
351 | (by Klaxton ( 609696 ))\r | |
352 | \r | |
353 | \r | |
354 | Software developers generally have to do what they are told,\r | |
355 | and work on whatever the boss thinks is important. You don't\r | |
356 | get to decide whether it is going to bring in money or not.\r | |
357 | \r | |
358 | \r | |
359 | ** Yeah haven't heard that one before (Score:2)\r | |
360 | (by Crashmarik ( 635988 ))\r | |
361 | \r | |
362 | \r | |
363 | Maybe it just sounds too much like 40 years of businesses\r | |
364 | claiming there was a shortage of engineers in the U.S. when what\r | |
365 | they meant was there was a shortage of engineers that could be\r | |
366 | treated really badly.\r | |
367 | Or maybe it's the fact that companies only seem to be willing to\r | |
368 | hire H1Bs that will do anything not to go back to their\r | |
369 | shitholes, or young kids who are stupid enough to believe\r | |
370 | managements promises and have no family or social life to\r | |
371 | distract from putting in 80+ hour weeks ?\r | |
372 | \r | |
373 | ** Re: (Score:2)\r | |
374 | (by zlives ( 2009072 ))\r | |
375 | \r | |
376 | \r | |
377 | you misread, and i quote\r | |
378 | "developer talent is a threat to the success of their\r | |
379 | business" thus the hiring of no talent, spot filling h1b. and\r | |
380 | if they accidentally get a talented h1b... replace and\r | |
381 | repeat.\r | |
382 | \r | |
383 | \r | |
384 | ** FTFY (Score:5, Funny)\r | |
385 | (by thevirtualcat ( 1071504 ))\r | |
386 | \r | |
387 | \r | |
388 | Software Developers Who Are Willing To Work For Uncompetitive\r | |
389 | Wages And No Benefits Are Now More Valuable To Companies Than\r | |
390 | Money, Says Survey\r | |
391 | \r | |
392 | ** Re: (Score:2)\r | |
393 | (by Seven Spirals ( 4924941 ))\r | |
394 | \r | |
395 | \r | |
396 | Fucking-A right. Period.\r | |
397 | \r | |
398 | \r | |
399 | ** .ORG (Score:4, Insightful)\r | |
400 | (by fluffernutter ( 1411889 ))\r | |
401 | \r | |
402 | \r | |
403 | This just tells me that developers need to get organized and\r | |
404 | start saying no to 80+ work weeks collectively. Otherwise it\r | |
405 | will be divided they fall, forever.\r | |
406 | \r | |
407 | ** Re: (Score:2)\r | |
408 | (by Ocker3 ( 1232550 ))\r | |
409 | \r | |
410 | \r | |
411 | How do we re-invent Unions without calling them Unions and\r | |
412 | avoid the very real baggage that the term has in the USA?\r | |
413 | Guilds?\r | |
414 | \r | |
415 | \r | |
416 | ** In other news... (Score:1)\r | |
417 | (by Robobox Computer ( 5357621 ))\r | |
418 | \r | |
419 | \r | |
420 | The sun rose today.\r | |
421 | \r | |
422 | ** Legacy systems are out of control (Score:2)\r | |
423 | (by xack ( 5304745 ))\r | |
424 | \r | |
425 | \r | |
426 | Microsoft has just announced paid extended support for Windows 7\r | |
427 | as too many companies are using it. There’s a lot of server 2003\r | |
428 | systems out there too, with companies rather risking security\r | |
429 | exploits than upgrade.\r | |
430 | \r | |
431 | ** \r | |
432 | \r | |
433 | ** Re: (Score:2)\r | |
434 | (by Ocker3 ( 1232550 ))\r | |
435 | \r | |
436 | \r | |
437 | A pity that new features aren't separated from security\r | |
438 | patches to allow users to keep their old platform secure\r | |
439 | without feature changes.\r | |
440 | \r | |
441 | \r | |
442 | ** Re: (Score:2)\r | |
443 | (by xvan ( 2935999 ))\r | |
444 | \r | |
445 | \r | |
446 | > Newer file browsers no longer let you edit the file path,\r | |
447 | > you have to click on everything to get somewhere\r | |
448 | Ctrl+L , no, you don't need to thank me.\r | |
449 | \r | |
450 | \r | |
451 | \r | |
452 | ** Re: (Score:1)\r | |
453 | (by Anonymous Coward)\r | |
454 | \r | |
455 | \r | |
456 | So I'm supposed to upgrade the single Windows 2003 system I\r | |
457 | have, running as a non-networked VM, hosting a proprietary\r | |
458 | application on a system we need to lookup legacy data that\r | |
459 | never changes so I can pay to upgrade to a modern system,\r | |
460 | figure out a way to migrate the data from one proprietary\r | |
461 | application to a new and different system just so I can have\r | |
462 | support I don't need on a system that can't realistically be\r | |
463 | exploited in the first place?\r | |
464 | OR I'm supposed to pay a premium for extended support on the\r | |
465 | curren\r | |
466 | \r | |
467 | \r | |
468 | ** Re: (Score:3)\r | |
469 | (by gweihir ( 88907 ))\r | |
470 | \r | |
471 | \r | |
472 | That is a different problem. Their new offerings are just\r | |
473 | really bad. Also, nobody sane used MS crap on server-side.\r | |
474 | \r | |
475 | \r | |
476 | ** Yet us 50+ folks are unemployed (Score:4, Informative)\r | |
477 | (by Snotnose ( 212196 ))\r | |
478 | \r | |
479 | \r | |
480 | Forget how long I've been out of work, it's been 2-3 years now\r | |
481 | since I quit looking.\r | |
482 | \r | |
483 | ** Re: (Score:3)\r | |
484 | (by Locke2005 ( 849178 ))\r | |
485 | \r | |
486 | \r | |
487 | I'm 57 and got at least 3 calls TODAY offering to submit me\r | |
488 | for contract software positions. Granted, a lot of recruiters\r | |
489 | try to low-ball me on the hourly rate, but they change their\r | |
490 | tune as soon as you call their bluff and tell them you're not\r | |
491 | interested at that low rate.\r | |
492 | \r | |
493 | ** Re: (Score:1)\r | |
494 | (by Anonymous Coward)\r | |
495 | \r | |
496 | \r | |
497 | > I'm 57 and got at least 3 calls TODAY offering to submit\r | |
498 | > me for contract software positions. Granted, a lot of\r | |
499 | > recruiters try to low-ball me on the hourly rate, but they\r | |
500 | > change their tune as soon as you call their bluff and tell\r | |
501 | > them you're not interested at that low rate.\r | |
502 | I get recruiters wanting to submit me all the time. Then\r | |
503 | after a week, I follow up and the "the position is\r | |
504 | closed." I think recruiters are assholes who got fired\r | |
505 | from see car lots for ethics violations.\r | |
506 | So, when you get a real job with health insurance, you'll\r | |
507 | be an outlier.\r | |
508 | Of course, that's assumimg you're not full of shit.\r | |
509 | \r | |
510 | ** Re: (Score:2)\r | |
511 | (by Locke2005 ( 849178 ))\r | |
512 | \r | |
513 | \r | |
514 | I agree; I regard recruiters as people that weren't\r | |
515 | ethical enough to get jobs as used car salesmen. I\r | |
516 | interviewed for a job once, didn't get any response, so\r | |
517 | I started another position. A month after the initial\r | |
518 | interview, the recruiter for the first position offered\r | |
519 | me $1500 cash in a plain, unmarked envelope to quit the\r | |
520 | job I'd just started and take the other position\r | |
521 | instead! (Apparently the cash came out of his\r | |
522 | commission.) So yes, recruiters know nothing, rely\r | |
523 | almost entirely on keyword searching in r\r | |
524 | \r | |
525 | \r | |
526 | \r | |
527 | \r | |
528 | ** So, the old adage? (Score:2)\r | |
529 | (by fahrbot-bot ( 874524 ))\r | |
530 | \r | |
531 | \r | |
532 | Employees are our most valuable asset? I'm pretty sure it's\r | |
533 | actually still money.\r | |
534 | \r | |
535 | ** Nonsensical headline... (Score:2)\r | |
536 | (by JoeDuncan ( 874519 ))\r | |
537 | \r | |
538 | \r | |
539 | It's like saying "gold is worth more than money!" - totally\r | |
540 | meaningless.\r | |
541 | One (gold, developers) is a commodity that IS exchanged, the\r | |
542 | other (money) is the medium OF exchange.\r | |
543 | Saying that "commodity X" is worth more than "exchange medium Y"\r | |
544 | makes no sense because a commodity CANNOT be worth "more" or\r | |
545 | "less" than the medium of exchange used - it can only ever be\r | |
546 | worth a specified amount of Y.\r | |
547 | \r | |
548 | ** Talk about not understanding an article / Poll (Score:2)\r | |
549 | (by Harlequin80 ( 1671040 ))\r | |
550 | \r | |
551 | \r | |
552 | No where does it say that companies think developers are more\r | |
553 | important than money.\r | |
554 | The results state that the companies perceive the risk of not\r | |
555 | being able to find skills as higher than the risks of not being\r | |
556 | able to access capital.\r | |
557 | This is especially true if you're a cash rich organisation.\r | |
558 | In the current financial climate finding returns on your\r | |
559 | investments is hard. Interest rates are at historically low\r | |
560 | levels, bond returns are zero, and so that leaves higher risk\r | |
561 | investments to get returns. That effecti\r | |
562 | \r | |
563 | ** lots of employees are "worth more than money"... (Score:2)\r | |
564 | (by bkmoore ( 1910118 ))\r | |
565 | \r | |
566 | \r | |
567 | What management school fails to teach young inexperienced\r | |
568 | executives: If the company's future existence depends on whether\r | |
569 | or not an employee does the job correctly or not, they are\r | |
570 | "worth more than money".\r | |
571 | \r | |
572 | ** Tech debt is a business decision (Score:2)\r | |
573 | (by swm ( 171547 ))\r | |
574 | \r | |
575 | \r | |
576 | Incurring technical debt is a business decision.\r | |
577 | And it may well be the right decision.\r | |
578 | For example, in a startup, time to market typically trumps\r | |
579 | software quality.\r | |
580 | And there are a lot of startups in the software field...\r | |
581 | \r | |
582 | ** Not at my compamy (Score:1)\r | |
583 | (by dccase ( 56453 ))\r | |
584 | \r | |
585 | \r | |
586 | Not at my company, and certainly not at any other\r | |
587 | publicly-traded company.\r | |
588 | Maybe at some privately-held company until it gets bought out.\r | |
589 | \r | |
590 | ** Employees are our Most Valuable Asset (Score:3)\r | |
591 | (by R3d M3rcury ( 871886 ))\r | |
592 | \r | |
593 | \r | |
594 | Right behind [1]carbon paper. [dilbert.com]\r | |
595 | \r | |
596 | \r | |
597 | \r | |
598 | \r | |
599 | [1] http://dilbert.com/strip/1993-03-03\r | |
600 | \r | |
601 | ** And this is why we keep them chained to (Score:2)\r | |
602 | (by Ranger ( 1783 ))\r | |
603 | \r | |
604 | \r | |
605 | a cubicle.\r | |
606 | \r | |
607 | \r |