American Employers Are Hung Up on Hiring Ph.D.s
Tech and finance companies risk overlooking talent in their quest to hire people with doctorates.
Did he really need an advanced degree to get the job?
Photographer: Douglas McFadd/Getty Images North AmericaFor a few lucky, talented and highly educated workers, the U.S. job market is booming. Artificial-intelligence researchers sometimes make more than $1 million a year. In the more general field of data science, salaries continue to rise despite a flood of new supply:
Meanwhile, salaries for electrical, mechanical and software engineers are rising as well, if a bit less spectacularly. For those with the skills to “tell computers what to do” (as venture capitalist and inventor Marc Andreessen once put it), capitalism still looks like a good deal. And there’s also the financial industry, which has long offered attractive salary premiums for highly talented people willing to endure the competitive culture and potential moral ambiguity.