We
were having dinner with friends last night and had an interesting discussion
with Christian and Thierry. Christian
used to work as a senior manager at one of France’s largest companies. Thierry
is an HR manager at another very large French company. What they told us was surprising.
In
France, what you get paid depends heavily on where you went to school. And not just at the beginning of your career,
but throughout it.
If
you went to one of les grandes écoles
(the grand universities) you are paid much more than if you went to an average
university. And who knows what happens if
you went to a lousy university? You
probably don't get paid squat.
That could explain why we never see any Cal grads in France – they can't make ends meet.
The
most grande of the écoles are ENA and Polytechnique. Christian, who attended an average
university, explained that he had a colleague who had attended
Polytechnique. This colleague had the
same job as Christian, the same experience and had comparable performance. But he was paid twice as much!
Thierry
explained that at his company, there are different pay grids, depending on
where you went to school.
This can’t be great for the French economy, not paying for performance. It might help explain the exodus of talented
folks who don’t have the right academic credentials. France’s loss is the gain of countries like
the US and UK.
At
the same time, it gave me an idea. Maybe
I should get a job in France. I would be
paid a fortune! Because what école is more grande than Stanford?
KVS
No comments:
Post a Comment