Quote:
Originally Posted by Unregistered
this is exactly what happened. due to the tech boom, even traditonally non tech-focused firms like bank are hiring fresh grad techies en masse with higher salary offers. in order to compete, tech firms like govtech have to do the same for newcomers.
The diff? tech firms have more incumbents that will be dissatisfied when they see juniors with higher pay. tbh this retention issue is a fairly new problem.....
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Yah and in this aspect govtech cannot compete with faang companies. they retain their middle talents with raw firepower and appreciating RSUs