Changing job for higher TC. Would it be better in long term

Amazon HGwR54
Sep 15 6 Comments

Hi everyone,
It's getting crazy in Tech talents recruiting in Seattle. The situation encourages people to change their employer after 2 years or so for 30-50% higher TC. I am just wondering, what would be the professional accomplishment if ones just move so frequently? For the entry levels, that makes sense that you may grow enough after 2 years, but for more senior roles, do you think that is enough? For long term career development, would sticking with a job and achieving the professional goals are better than pursuing the big bucks every couple of years? I am amazed with a kid that used to be my intern. He joined MS, stayed there for roughly 2 years, moved to Google for 2 more years, and now just landed in FB with a TC almost 50% higher than mine. Absolutely no jealous but seriously, he is simply too ordinary. Are the employers that thirsty?
About myself, 5 years at Amazon after 5 years in another tier-2 tech company. Joined as L5 and got promoted to L6 after 3 years. I am currently working in a big "L7 scope" project which may be rewarded as a promotion in a few years. However, my TC is just shy as 260K. Should I continue chasing the promotion or think about a move for a better salary? I am confident that I can get any offer around 350K if I really want to move, but will it be better in long term?
Thanks

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TOP 6 Comments
  • Oracle dragonflyy
    This is only until the good times last. In bad times, all the ordinary ones with extra ordinary TCs are the first to go.
    Sep 15 0
  • AT&T / Eng GOFb61
    If you’re so close to L7, I’d definitely stay
    Sep 15 2
    • Amazon HGwR54
      OP
      Thanks. I have chance but you know it's never an easy thing
      Sep 16
    • AT&T / Eng GOFb61
      Well you only get so many chances, hopefully you’ll make it this time!
      Sep 16
  • Google / Eng
    मोदी

    Google Eng

    PRE
    Amazon
    मोदीmore
    Facebook will offer you 2-3 times of current TC if you clear the interviews :p
    Sep 15 1
    • Amazon HGwR54
      OP
      That's what I don't understand. What is scope of work for a 500k TC job in FB? In Amazon that must be a strategist kind of person
      Sep 16