One thing I've noticed about large organizations is that they pay more. Pay is set in a structured way with regular pay rises, so you can just sit tight and watch it rise.<p>Additionally, you can move around without leaving the company. Why is that important? Check the graph from the long term unemployment article[1]. Personally, I like to move every 2 years, so that's kind of important.<p>I'm going to write about something of personal interest now. Downvote away. It's a bit UK specific.<p>Something I've noticed, looking at the people I graduated with 8 years ago, is that the ones who have done well went to work for large companies. They did a grad scheme, stayed in the role after it had finished, and just sat tight, maybe moving a couple of times within the company.<p>They earn a multiple of those that didn't - the PHDs, sure that's expected, but also much more than the freelancers and those who have hopped between small programming houses. Certainly more than people who did something fashionable, like fashion, the arts, or teaching English abroad.<p>The funny thing is that those left behind don't have an opportunity to get on that gravy train now. Grad programs are for recent graduates. Experienced hires from companies the recruiter has heard of get first place.<p>Another effect (an this is UK specific) has been in mortgages. Since 2008, you need to save maybe 70k dollars in order to get one. That's a full years pay for a software engineer. 4 if you count tax. But rents are double or triple mortgage interest, so unless you already have one, you won't save that.<p>So we have this widening wealth gap between those who got onto, and stayed in, a graduate program 2008, and the rest. It will really be quite something in future.<p>The BBC did some analysis where they collected data about the population (wealth, cultural signifier), and clustered it. They found 7 distinct clusters, and decided to invent a new 'social class', called 'emergent service workers'. This turned out to mean 'young people who graduated since 2008'. I suspect they will be a generation of lifetime renters, doing similar jobs for a little less money than their peers 2 years older (starting salary has a compounded effect, and is suppressed by maybe 1/4 right now).<p>I don't really see this in the press. As usual, they don't notice things.<p>We live as ever in interesting times.<p>[1]<a href="http://cdn.theatlantic.com/static/mt/assets/business/LongTermUnemploymentChurn.png" rel="nofollow">http://cdn.theatlantic.com/static/mt/assets/business/LongTer...</a>
[2] www.bbc.co.uk/labuk/experiments/class