7 ms·
In economics the reverse hockey stick growth is known as diminishing marginal returns. This simply means the market values the earliest years of experience as m
by azanar 16y ago
In economics the reverse hockey stick growth is known as diminishing marginal returns. This simply means the market values the earliest years of experience as much more beneficial to a developers skill than the later.
I wonder which part of the market it is that champions valuing developers this way; is it the companies that value that additional experience less, or is it the developers who diminish the additional value more experience adds? They both ultimately agree, as but I wonder which side is making the harder compromise here to get to that agreement.
I can't help but see this graph, though, and get the impression that after a certain number of years, people just stop caring so much. It might be that they grow apathetic. It might also be that the asymptote is the level at which salary stops mattering, and people focus on other things. I'd kind of believe that; you can been pretty comfortable most places at $100-120k/yr, and might start worrying more about things that go beyond mere comfort.