Lets say I have a MS CS and 10 yoe vs a student out of college with PHD. How much would the degree count towards compensation in your opinion - when both people are doing almost same work in the same company? I've seen HR do some bizzare evaluations favouring the phd degree. Seems to them the degree is more worth than experience. My thoughts are it should be the opposite. Yoe 10, Tc 290k
Phd is the same as a masters grad with 1 year experience. Unless its a specialization in ML or Mathematics
What the worth if it is a PhD in ml or stats then
For me it was considered as 3 yrs of experience however some people at work like to show you that they are better than you with their bsc or msc degrees. If you love to get phd that is a separate thing and you should follow your dreams. In that case you have option to work in academia other than industry
Depends on how much their PhD research is worth and what patents they have. Don't be so small minded
Short answer: Don't get your PhD if you're going into the technology sector. Long answer: I can't speak to other industries, but I've been a hiring manager in Software Engineering for over 10 years. The only thing a degree suggests is that you /might/ have a good work ethic, but by no means does it prove that. When I hire, I'm looking for critical thinkers with a learning mindset, and people with degrees vs without degrees is about 50/50, so it doesn't mean much to me. Also, I'd much rather hire an eager learner who has side projects, and attends meetups, reads book on his/her own, creates new models and mindmaps and shares them with people freely to enhance their own knowledge, than someone who has 10 or 20yrs of experience and a degree who thinks they have it all figured out. As a hiring manager, the number one think I look for is intellectual humility and sometimes it's the people who don't have degrees that are much more eager and humble. (And this is coming from someone with a degree) FYI - At every company I've worked, HR is mostly out of touch with what we as hiring managers want. I always have to recalibrate them when I arrive, and they never really get it right. Nor can they be expected to. How can one HR rep for IT be an expert at hiring Developers, Testers, Database Administrators, Reliability Engineers, Scrum Masters, Automation Engineers, etc etc.? They can't, so we as the skillet managers have to override HR most of the time.
I hate that when people who spend their free time on coding are favored to those whose life is more important to be spent only on coding. I get it that the first group gets more experienced but that factor should not be a evaluator in interviews. People should have hobbies in their life besides work. I hope you understand what I am trying to say.
I've hired many people that didn't have side projects. Not everything I listed above are requirements. I was simply giving examples of a few things that people do that show they enjoy learning. I have many people on our team that leave work at the door when they go home. The point of asking those questions is to weed out the people that just want to collect a paycheck, show up 9 to 5, and not actually improve their skill craft.
Some companies value the PhD as work experience. Some treat PhD as bachelor's+1 or 2 levels. Some don't value the PhD at all.
PhD only matters if you have strong relevant publications that is well recognized by the field, otherwise it is not worth the paper it is printed on.
So before making an offer would hiring managers look for publications and check their worth? Don't think so
Yes absolutely they would. The PhDs I know we’re asked questions about their research at the interview
How are you making $290k at GE?
By not being at fkn GE anymore. However the example was about GE. The hiring managers are full of shit there
A PhD is an experience tailored to very specific jobs. Unless you intend to work in formal research it's not really necessary.
Most phds can’t code for shit.
CS PhD = industry years. Research assistant is a salaried job with decent benefits. I would argue that big fixing is actually much easier job.
Phd doesn't do shit