Tech Workers Aren’t as Rich as They Used to Be

Good morning and welcome back?to the Journal's newsletter about the rapidly changing world of work and how to get ahead in your career.

In this edition, we take a look at the losses incurred by tech workers, the career choices you should make in your 20s, the cooling jobs market and more.

Tech Workers Aren’t as Rich as They Used to Be

For years, tech jobs were a ticket to riches. Generous pay packages, often including significant stock grants, set workers up to ride the success of their employers. But as tech shares have slumped, a big chunk of the wealth employees had planned to tap for big-ticket expenses such as houses and college tuition has dissolved.

The tables have turned.

For a Good Job by 30, Do This in Your 20s

Skepticism about the value of college is growing, but earning a four-year degree by your mid-20s is the surest route to a good job by age 30. New research shows which career paths pay off and why steps made between ages 20 and 26 are so critical.

It really is ‘the defining decade.’

• Top Colleges for High-Paying Jobs (Read)

Workers Have High Hopes for Pay Raises, Companies Not So Much

The rising cost of living is prompting many employees to push for a hefty pay increase. But recession worries and higher interest rates have companies prioritizing efficiency and containing costs. If you have high expectations for a raise this year, take note:

Your boss might have a different idea.

?Elsewhere in The Wall Street Journal

Check out some of the Journal’s other best-read stories on work life and the office over the past week:

• Slowing Jobs Juggernaut Gives Fed Breathing Room (Read)
• Buffett and Munger on Success, Toxicity and Elon Musk (Read)
• The Boss Has a Way With Words—or Is It AI? (Read)
• The Lies We Tell Ourselves About Multitasking (Read)

This is a condensed version of WSJ’s Careers & Leadership newsletter. Sign up here to get the WSJ’s comprehensive work coverage in your inbox each week.

This newsletter was curated by Gretchen Tarrant, WSJ Producer. Let us know what you think by dropping us a note at [email protected].