OK-no explain to me why it’s ok to pay out huge salaries to keep financial talent...but not tech or other industries?
I’m not agreeing with the situation, I’m just telling it like it is. I work in technology consulting and see this stuff first hand. I don’t ask for company funded training because if I’m sitting in a classroom I’m not billing customers. If I’m not billing customers I’m not generating revenue for my company. So I do that on my own time, but that’s just me. My company charges north of $200/hr for my services, but can charge less than $100/hr for bodies from India to do some of the work. There’s nothing we’d like more than to get a bunch of red-blooded Americans to do everything, but the few companies that are making investments to save money down the road aren’t paying the rate.
That leaves worker bees like you and I caught in a very untenable position. Something’s got to give.
I’ll add in an unrelated side note that the vast majority in my industry don’t get it. If you’re not directy involved in generating revenue, then you’re overhead. Overhead eventually gets replaced by less expensive overhead, be it a machine or a cheaper worker.