Way back in 1993, the Financial Times ran a column bemoaning the grandiose job titles that were popping up in the US and the UK. "Monetary inflation may be under control in Britain, but the same cannot be said for job titles," wrote Adrian Furnham, a professor at University College London. "Nearly all Americans over the age of 23 seem to have the title ‘executive vice-president’ embossed on their business cards." But here’s the thing about inflation: It never ends. According to a new analysis of 2.4 million job postings by Datapeople, a provider of recruiting analytics, American job titles are even more grandiose today than they were back when Furnham was grousing about the state of corporate taxonomies. Since 2019, employers have tripled their use of the word "lead" in early-career tech jobs, upped their use of "principal" by 57%, and cut their use of the word "junior" by half. "It was shocking to me how dramatic it’s been," says Maryam Jahanshahi, the head of R&D at Datapeople. "It’s rampant in lots of different types of jobs." So what’s driving companies to hand out ever-fancier titles? There are four factors fueling the rampant title inflation: Screwing employees out […]
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