alt Hacker NewsThe arguments:
* It's a bad time to move away from tech
As a manager your role isn't to be the "best technical person" anyway. You still need to understand fast-changing capabilities of course. But you are managing people now, and the required skills are different. See below.
* The ladder is very competitive
It's always competitive, and in my experience it was the exact opposite - there were far fewer VP-level technical roles than VP people managers.
* The pay is lower (for senior managers vs. senior technical track)
Again, this is the opposite of my experience (besides at the first-line manager level, where pay was comparable.) Where I worked managers could quickly get paid more with more responsibility. I always thought it was because managing people is actually a lot less fun (at least for me it was.)
The biggest reason not to become a manager is because _it is a completely different job_. Although managers need to be technically competent, management skills are much more about people (and politics.) If that isn't your jam, then don't become a manager.
I think you underestimate the job mobility that is lost when you transition from being an individual contributor into someone on the management track.
The reality is, there are very few EM and above jobs, and job security is tough - if I have to choose between firing an EM or a SWE, I'd fire the EM first because I can always find another replacement or split their responsibilities across multiple individual contributors and the PM.
If an EM is laid off or fired, it's extremely difficult to find another role, and it truly is a terminal position. Why would I hire a laid off or fired EM or Director when I can promote internally or hire someone from within my network?
Additionally, back when I was an SE, if we had a deal go bad in order to protect our ass we'd blame the EM so that we can have a head on the platter to hand our CRO, unlike a seasoned SWE who can push back and argue PM requirements were unclear and PM can argue that sales+product was aligned.