My impression: PMs are way overvalued. As a simple engineer, can I volunteer to be the guy doing the important work of fetching the hash browns in exchange for a big multi-ten-thousand dollar increase in pay? (I'll skip being blown by the press.) I can even speak with the store manager to assure them that yes, I really want to buy > $50 of food!
In the 1980's and 1990's many valley companies maintained dual-career ladders with parallel compensation structures. A Director was the equivalent of an Architect in compensation and rank. Anyone know if this type of structure has been maintained?
