Earlier quoted context omitted.
I kept scanning this article for talks about money, but there were none. It isn't even about underpaying - it's that changing jobs supplies one of the best sources for engineering pay raises. There are evolutionary flows through the work force that don't require this (moving into leadership positions) but as they mentioned, generally hiring into the top levels comes from a tight circle of people, having gone to the s…
But then you deal with the wage problem -- managers (especially ones without a tech background) are often of the "my reports make less than me" school of thought. More money = more power = more respect. So when a manager who makes $90k/yr is talking with a 30yo who wants $150k/yr, he might be insulted or put off. And let's not forget that a lot of developers probably should be in the 200-250 range. The only thing to…
Salary envy is just a minor side problem of that approach. One of the bigger issue is that bad managers surround themselves with yes people, compounding any possible damage.