[michaelochurch]

The "parallel" technical career path never seems to deliver equal amounts of power, or even money, as compared to managers on the same level.

Very true. Engineering is the hard way up, because there's so much less of the title and grade and salary inflation on the management track. Take Google. If you're a manager and don't make Director in 5 years, you fucked something up. On the other hand, the Director-equivalent Principal Engineer rank is 3 jumps (all of them non-trivial to make) above Senior. When I was at Google (and this is probably no longer true) the number of Principal+ Engineers at Google NYC was... zero.

The cynic in me suspects that dual-track organizations actually serve management's goals by making it look rank-per-rank superior, just as the lopsided college admissions climate convinces middle-class public school kids that prep kids who get into Harvard are somehow impressive (because it is very hard to get into an Ivy from a middle-class background, but really easy for rich legacy kids). If you make it astronomically difficult to become a VP-equivalent engineer, then the VPs (who had a much easier climb) look more impressive. Far from providing a genuine alternative path to success, this process cements the tribal superiority of management.

Most telling is that when Google really wants someone and is competing with finance or Facebook and gives them a High-Compensation Plan (HCP), the person is put on the management ladder, even if that person intends and expects to be a full-time programmer. It's really hard to justify a $500,000 salary for an engineer but much easier if you give that person a managerial title. I'd imagine that Google isn't alone in this. It's probably a standard big-company thing.

Engineers (and, in finance, also quants and strats) also share some of the blame for the relative grade deflation, because we beat each other up relative to businessmen. They give each other consistently high marks and talk each other up. We're far too honest. And this "honesty" is something I've come to view negatively because what it really is, is ratting someone out to management, often cheaply or for free. My inclination, if they aren't hurting me or a project that I care about, is to protect underperformers, not because I like it when people underperform, but because information is power and I'm not going to share honest performance information on other people unless there is a legitimate reason to do so. (I care if someone is fucking up my project, or an existential threat to the company or my career. I don't care if he's costing someone else's company a salary while doing nothing; that's not an existential threat, so who cares?) But engineers have a storied history of being willing to tear each other down for cheap or even for free, and technology management has been exploiting our lack of tribal cohesion, in order to turn us against each other, for decades.

[nostrademons]

Pretty sure a lot of what you said about Google isn't true. I personally know at least one Principal Engineer who works on the Search team in Google NYC; it's possible he was promoted after you left, but even then, he would've been Senior Staff and highly regarded.

Also, upper management in Search is still on the engineering ladder. These are folks with 2000+ and 500+ folks reporting to them, one of whom reported directly to Larry when I left, with net worths probably in the hundreds of millions, and they've chosen to stay on the eng ladder.

I also know folks who were special hires (tech celebrities elsewhere in the industry, with independent press and a strong publication record) who were hired in as Senior SWE with a salary befitting their previous accomplishments.

[michaelochurch]

There were Senior Staff SWEs at Google NYC when I was there. It's not surprising that there's a Principal SWE now.

You're talking about anecdotes with regard to those highly-compensated engineers. They exist, but I don't think that anyone entering Google at 2015 has any real chance of becoming one of those 9-figure engineers from a SWE-3 start.