I joined last year but I see just way too many Principal Engineers and Directors. Like teams of 8 with 3-4 Principal Engineers? I have seen teams of 10 where 5-6 are Principal Engineers!!! Also, teams with multiple Directors. Is there any promotion process? or its just outcome of people staying here for their life?
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there's a serious dilution in the titles. In my tech group, entry level is grade 4. So Principal is really performing sr. level work
lying and fraud are the basis for everything at fidelity
Too bad you didn't join via the LEAP program. I worked with one who asked me the FIRST day of the job on our group what they needed to do to get promoted. I said prove yourself worthy of one. 🙄 he didn't even have his login to our systems at the time. Fast forward to their class' monthly lunches where they compared salaries etc. Whst I wanted to say was - hey how about learning how to behave in a meeting before you become Director?
Remarkable observation, which position did you join at ? Stay for 3-4 years before you eye a promotion.
its just title inflation. A non bank / financial company would be calling these people senior engineers and paying them in the same ballpark.
It’s just the pay grade, titles have no meaning . with rising inflation after covid people were hired at higher salary hence the titles