Originally Posted by Unregistered

This is just text book answer not anymore constructive than those who ask him to stay put and lobo. In fact it can be very dangerous if you are not careful in the nuances you unintentionally send to your boss.

Sure the ideal scenario is the boss value your feedback and finally put your talents to good use, but I think more likely scenario is:

1) Boss realise you too lobo and pile more work
2) Boss think you are one of those young punks who only want to talk strategy, do sexy stuff and refuse to do grunt work
3) Boss label you as flight risk and inititate back up recruitment to replace you, better he control the timing of your firing than you stunning him with resingation
4) Boss realise he is over-paying you to do simple work, makes life miserable to encourage you to resign so he can replace your h/c with a cheaper budget

Of course it is easy to say worse come to worse just resign and join another company, but to get a good role in a good company is not easy and under time pressure to grab the first available job due to any of the 4 scenarios arising doesn't help at all. Not to mention leaving a black mark in your CV for staying so short in your first job...

My advice is do not initiate such conversations unless the boss is the one who starts an in-depth discussion on this subject first. Meanwhile stay lobo as you can while covertly searching other openings. At least in this case you will have the luxry of taking your time to choose what you want, easier to disappear for interview because you dont have much to do anyway and before you know it you would have loboed there for >1.5 years which looks better in the CV.