>The problem is there is a lot of non-mainframe talents willing to work for 
>peanuts.
>Of course there is no single (common) definition of "peanuts" or "talent".

New mainframe talent requires training before they can be somewhat productive 
in a
decently set up shop[1]. This too costs money. So you work for peanuts because 
you
can't be productive (yet), and because you cost your company a lot of money in
training. Companies are used to this not so new development in IT, that you can
learn to use the newest fad in under a week, which will then be irrelevant 5 
years
later. Our sector is too mature for someone to be able to learn everything by 
him-
or herself in any reasonable amount of time. To the point where management can't
wrap their heads around the concept of investing in their employees anymore.

[1] In a non-perfectly set up shop you can work on improving very basic things 
that
    don't require deep understanding of the systems you're working on. So you 
can 
    be productive earlier. I believe this is the best place for new people to 
learn.
    With many things to improve, you have many chances to learn. And by working
    somewhere that follows every best practice, you often don't get to 
understand
    why something is set up in a certain way.


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