well my dad did an electrical engineering degree and altho he had worked for P&0 before ( as bt was formerly known) once he did his degree his was promoted 3 levels automatically and after that moved up progressively till he was a tier one manager (highest level, below executives etc). But once he got there a kid of 23, straight out of uni, was promoted to the position above him because he had more up to date knowledge. But also was more ambition driven. My dad was not at all bothered by this his job was quite stressful enough. so there you go