(A letter I didn’t send out) Hi Daniel,
I think the programmer profession, and financial software dev in particular, is not that bad:
- · Entry barrier — formidable, comparable to doctors or lawyers. See ##行行出状元，但有几个行业不容易出头
- market depth — see salary probabilities(distro): mgr^NBA#market depth
- · Job security — actually reasonable, despite the threat of globalization and threat from 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).
- · Work Stress — Significant variation across firms and across teams, but generally more stress than other professions.
- · 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
- · 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.
- not a sunset industry, not under threat like music, movie, journalism.
- knowledge intensive, challenging complexity