An interesting paradox in the technology world is that there is both a
shortage and a surplus of engineers in the United States. Talk to those
working at any Silicon Valley company, and they will tell you how hard
it is to find qualified talent. But listen to the heart-wrenching
stories of unemployed engineers, and you will realize that there are
tens of thousands who can’t get jobs. What gives?
The harsh reality is that in the tech world, companies prefer to hire young, inexperienced, engineers.
And engineering is an “up or out” profession: you either move up the
ladder or face unemployment. This is not something that tech executives
publicly admit, because they fear being sued for age discrimination, but
everyone knows that this is the way things are. Why would any company
hire a computer programmer with the wrong skills for a salary of
$150,000, when it can hire a fresh graduate—with no skills—for around
$60,000? Even if it spends a month training the younger worker, the
company is still far ahead. The young understand new technologies better
than the old do, and are like a clean slate: they will rapidly learn
the latest coding methods and techniques, and they don’t carry any
“technology baggage”. As well, the older worker likely has a family and
needs to leave by 6 pm, whereas the young can pull all-nighters.
More Detail Visit Here : http://techcrunch.com/2010/08/28/silicon-valley%E2%80%99s-dark-secret-it%E2%80%99s-all-about-age/
