Episode 228: Unpaid team lead and banking hours

In this episode, Dave and Jamison answer these questions:

Questions

I’m a team lead right now, but I’m leaving the company. When I discussed with my manager, I recommended a team member to take over my position and suggested raising his salary. In the end, the manager asked that team member to take over as team lead, but refused to raise his salary or even give him the title.

He said he needs to prove that he can take responsibility as a team lead. Then he will get the title and raise. But I feel they just want to procrastinate and save the money.

What can I do to help my team member fight for the title and raise?
Hi Dave and Jamison. You have a great show and I really enjoy listening. I am currently a software engineer at a small/medium sized tech company in the healthcare industry. I was recently asked to interview for a similar role at a pretty large hedge fund. I am wondering if there would be a big culture shift if I were to end up making that change. I am under the (possibly inaccurate) impression that for bankers something like an 80+ hour work week is common. I’m wondering if this impression is accurate, if it extends to the finance industry as a whole, and how much it extends to developers rather than bankers/traders if so. I also remember you guys mentioning in a previous episode that video game developers also typically work long hours. Are there other industries where this culture is typical?