Changing company after 8y?!

May 16 23 Comments

This will sound really crazy to many, but I’ve been in the same company for 8 years. This is my one and only work experience, I got here fresh out of college (CS master) and stayed. So I have 8 yoe over one single employer.

Over the years I’ve worked on many things: distributed systems, backend development, low level system programming, co authored a couple patents, wrote in C++, Java, Python, Go and more recently worked a lot on AWS and Kubernetes, so I’m generally up to date with the latest trends.

I’ve never left because I’ve never felt the need to, I like the environment and the company and having been here a while I navigate the organization very easily and am well connected. My current TC is 400k (liquid) and I am at a “staff engineer” level where I’m at.

However, 8 years is really a long time, so I interviewed at FB recently and passed the E5 interview and they offered me a TC of 370k (190k salary, 15% bonus, 600k equity), which obviously is less than what I’m making now.

The recruiter said this is basically top of the band and they won’t offer me more and they don’t feel I have enough yoe to get an E6 offer, and that I should get this fair E5 offer and if I’ll perform well they’ll promote me internally quickly (obviously it’s just a boilerplate recruiter quote).

So, is it worth changing for less TC and a potentially a more hostile environment (I hear bad things about wlb there)? I normally would say no, but damn, 8 years! and it’s not a FAANG so less prestige as well.

Thanks

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TOP 23 Comments
  • Intel / Eng BigRoach
    The grass is not always greener on the otherside my friend, you sound like you have a pretty stable and satisfying job that allows you to learn and grow, your TC is good as well. If I were you, I would stay put and focus on other areas of my life like religion and other hobbies, remember that life is not just about work, and we will all die at some point and cannot take 1 cent with us to the grave. If you go to a brand name company and hate your job then what now? Can you go back to your old company and request a higher salary? Don't burn any bridges with your current company cuz it sounds like they like you and your performance.
    May 16 0
  • Facebook Confusd
    I spent 8 years at one company before switching. I regret throwing my youth away like that. I wish I had taken more chances, moved around and explored new places. Maybe I would have found a girl in the process instead of settling for an arranged marriage. Wife is an awesome person but I didn't find her.
    May 16 3
    • OP
      What do you regret specifically? As I said, I feel like skill wise I’ve kept myself pretty updated, and TC wise the company has always been good, I’ve been able to grow my net worth to 1.5M just with my comp and market returns, which is not bad in my opinion.
      May 16
    • OP
      Ok i see you answered later. Thanks.
      May 16
    • Facebook Confusd
      You did better than I by about 5 times. Kudos.
      May 16
  • Facebook sNoO21
    That is true that you could get promoted to E6 in a year after joining. I was.
    May 16 2
    • OP
      Yeah but do you think it’s worth it? What would you do in my place? You are effectively trading a position with a new one with less TC and very likely much more pressure
      May 16
    • Facebook sNoO21
      I can't talk about WLB as it depends on team and also my previous TC was half as I came from a foreign country.
      But my current TC after 2 years at FB is around 550k (joined at something similar to what you mention but got a sign-in bonus)
      May 16
  • Amgen Fin4eng
    Why are you looking to leave? There’s no reason to leave just because if you are still learning, make more money, have more independence and better work life balance at your current company.

    Leave for an opportunity, not just because it’s time.
    May 17 2
    • OP
      Wanted more technical growth, which inevitably comes if you switch to a completely new environment
      May 17
    • VMware lg3wpijd
      I doubt fb e5 would provide you equivalent breadth for you to grow technically. I personally think it's a wrong timing for you to change. If I were you, I'd have rather waited to gain enough experience to meet e6 bar before moving (assuming you feel you're still growing in your current role). At least that sounds closer to an equivalent opportunity, if not better. Staff to e5 doesn't sound like the same opportunity. Not to mention a pay cut.
      May 17
  • Qualcomm GtXX33
    You could ask sign-on if you have not already. Also, base can go higher too.
    May 16 1
    • Facebook sNoO21
      Not for E5
      May 16
  • New joOU50
    So the summary : You have a good job, you are happy. A company has a job for you for less money and more likely a more hostile environment + you will have to get out of your comfort zone, recreate your connections...
    The mission is not better as not defined yet .
    This is a no brainer.
    May 17 0
  • Amazon / Eng DeepObsess
    Never take lower TC unless you're joining people you know and trust and there's a chance of getting rich. If you want something new try going to the gym regularly
    May 17 0
  • Amazon cnnfox
    Don’t go for less TC. Try E6 next year and again next next year (if necessary).
    May 16 0
  • Nvidia twobitin
    How parents generation of you
    May 17 1
  • Uber / Eng podcast
    Current TC?
    May 17 1
    • OP
      I wrote it in the post
      May 17
  • New / Eng JexD77
    You can think about your future in the current company, how do you see yourself there? Do you have room to grow? Do you want to go into management?
    May 17 0
  • Liferay / Eng henvic
    I'd settle for the slightly low compensation. You should consider perks, the possible new challenges, and opportunity for growth. Usually when a company sells these stuff to you is all propaganda, but this seems not to be the case.

    Also, being stuck for 8 years is too much if you want to try something new. I'm leaving my job next month after a little over 5 years to start anew somewhere else with more chances of growth.
    May 16 0

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