(A letter I didn’t send out)
Hi Daniel (Yuan),
I think the programmer profession, and financial IT in particular, is not that bad:
· Entry barrier — not too high nor too low
· Job security — actually reasonable, despite the threat of globalization and threat of younger guys. I think the high entry barrier in financial IT is to our advantage
o I was told some managers have job security concerns too
o I was told U.S. university professors also face elimination (淘汰).
· L Work Stress — Significant variation across firms and across teams, but generally more stress than other professions.
· L Workload — much higher than other professions. Programming is a knowledge-intensive job.
· Job market demand — very high for IT skills. Therefore people from other professions are drawn here.
o Market depth is excellent. You can find plenty of jobs from $50k (easy to cope) to $300k
· L Age discrimination — Some professions (like research) are even better.
· Career Longevity — (I will delay or skip retirement) Reasonable in the U.S. Some professions (like doctors) are even better.
· Income — well above average among all professions. Just look at national statistics and world-wide statistics.