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"I've seen (I still see) junior managers who can barely tie their shoes make more money than excellent engineers with 25y experience, but that's the way the world is.."

Screw that. I'd never work for a place like that.

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This attitude works out if your extremely good in your Spezialisation. I had kept track of my own ROI for the companies I worked for, granted them a bit of that and the rest should be for me. It worked because I always had the digits at hand. Basically "I need a raise, I have 3 jobs offers lined up, your making this of me and I demand x% of that otherwise you loose y over the course of z. Deal?"

Funny, I specialize in RF/Microwave circuit design, and did just the same. Had a good job offer, and used that to leverage promotion and raise.

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