Been in IT for quite a bit of time and working in the same company for over a decade. Always known as a high performer - grew through ranks and now is at a director level role. Salary and bonus is close to 300k. Always thought this is good pay and along with other benefits, it’s almost one of the best. Age around 45 and net worth around 5mn. Thought it was all good. Until I saw the posts here today. WTF? I now feel like I’m cheated. Why the fuck did I not join Apple in 2005 when their recruiter begged me? Why didn’t I join Google when their senior leader asked me if I wanted to just talk to their recruiter (during a collaboration with Google back in 2007). I always thought the total comp between my company and these were on the same levels. and why did I shirk off when our CFO went to join FB as CFO and his direct report was my business counterpart who asked me if I’m interested? Every time I stayed back because I thought getting a promotion every couple of years was the measure of success in corporate america. Fuck! My ignorance was a bliss.
TOP 56 Comments
- Facebook ⭕w⭕You're the sort of person who would be upset for receiving $1,000,000 because you found out your friends received $2,000,000 smh.
- @pxel agreed about taking action. Been around the block long enough to know that there are always opportunities in the future just as many as there were in the past. It’s just that I kind of forgot/ignored/got complacent to look around for better opportunities. I take this as a wake up call.
- IBM slimjim86Dude GTFO. Worth $5mil? you have nothing to complain about. Don’t believe everything you read and don’t be a greedy little beotch.
- I’m a competitive guy. I watched my back and ran as fast as I could to avoid being left with the crowds. I have a fairly frugal lifestyle so having more money or making more money wouldn’t have changed my lifestyle but would’ve validated my ego more than anything. So I wouldn’t say it’s all pure greed (may be there’s a part of it but definitely not the significant part of it).
- How? I have always been in the top ten percentage of performers. I mean hindsight is 20:20 and nobody would’ve expected the insane growth of comp in the past five years but otherwise, these companies still would’ve been just as competitive. I think the stock comp made a humongous difference. When I joined, Apple sales were the same as my company’s and adjusted to today, Apple is at least six or seven times over.
- How do you get to 5 million networth with 300k salary ?
Asking from investment perspective?
- Autodesk AutobotThis is kinda pathetic. You were happy with your job and salary... until you found out what other people earn? Your happiness (or lack there of) is directly related to other people. You should work on that before working on your very respectable TC.
- Arthrex quarksYou know how many life threatening diseases Genentech has treated? You were part of helping so many people who live now. The recombinant DNA technology is one of a kind and had helped millions of people live a life. Try to open your eyes and see the bigger picture. The scientists who invent those drugs are making half of what you make and content because they know what is a "job satisfaction" is.
- What do you expect? Did you not do your own research on market rate on salaries? They change. Did you also not know to grow your TC, moving from company to company for growth and better experience is the best way? You were at one company for over a decade. 300k TC isn't bad either so be happy with what you have.
- You were also very general in what you do. IT has many extremes in salary. You cannot compare a IT Director vs a Eng Director or senior engineer salary/TC etc. Depends on location, company etc also. You are doing well for yourself. Not alot of ppl get to your TC even though Blind seems to make you think otherwise.
- lol, maybe you should have become a stocker broker. Bank multi million per year in bonuses. Oh, how about becoming a start up founder getting hundreds of millions when you sell. Why have your goals stop at what you see on Blind?
- Groupon thepointPut it in a simple way, you can never make enough money. And seems you were happy with how much you are making before installing blind. So I won't bother too much about the TC over there at FB or GOOG, you probably won't be able to directly help save lives over there. It's all about what you want and what you see as the thing that matters in your life. Money? Sure, but it won't matter that much once you are above certain threshold, and I feel you are already above that bar because you were happy before seeing all those shits here. You can always move to F/G if you want but blaming yourself won't work, life is a one-way drive, and you never know what will happen if you joined another company in the past.
- IBM tAqC83You should think about what is decent money or net worth when you can retire and do what you want to do in life rather running rat race.Don’t look at rats who are ahead of you.Many will die as they cross 50+ with stress as they get some or other disease trying to accumulate more cheese(money).
- New lowTC1Once a type A, always a Type A. I get it. You could have easily joined intel or Cisco and gotten nowhere, you never know which company will do well and which will not. Having said that, what is your next step. Stay where you are, or look for the next google? This google/Apple ship has sailed AFAIK.
- I completely understand your point of view. It is funny how some responses here are trying to belittle your perspective.
Anyway, what’s happened has happened. Think about how to deal with it for the future. Do you want to and have the chance to switch now? If yes try and go for it.
- Misery loves company.
In Fall 2000 (not 2010), Google gave me an offer for an SWE role, 50K options (with strike at $1). They had 70 people back then. These 50K options are equivalent to 400,000 shares (1:4 split just before IPO and later 1:2 split). I foolishly turned them down because I didn't like Silicon Valley and because I wanted to continue on my research path. Back then, nobody knew they could become so successful.
What do you say to that?
It hurts, from time to time.
- OP nothing wrong in feeling this way. I am older than you and that too a woman. Imagine how shitty I must be feeling for leaving so much money on the table. Act on that feeling in a positive way. Don't let it ruin your happiness. Money is not the end all, be all
- How much net worth would make you happy? How much TC?
300k / $5M easily puts you in the top (very small) X% of everyone who has lived on this planet. Do you feel like a complete failure compared to Bezos, Page, Bin, Zuckerberg, or Warren Buffet for that matter? A king living in the last century had a worse life than you have.
I mean this in the best possible way, but you need to take a step back and completely reevaluate your value system. You're not worth a single cent post death.
- I am not saying what you are saying is completely horse shit. But I am saying it isn’t a good answer to the OP’s question. We all make up our own goals in life. And a higher earning is a perfectly valid and morally good goal. If we get down to the gist of purpose of life, we won’t aim for anything. It is good that OP is thinking about having missed on higher income and should take steps to make up for it if he/she wants.
- "Having more sprockets than the next person" is objectively not a useful or fulfilling life goal, rather a sure way to be unhappy. I do agree it's a possible goal though, no questions about it.
A more useful goal, for instance, would be "I want to live on a yacht all year round". In this case, true, $300k/$5M is not sufficient and OP had better get his/her ass in high gear.
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- Oracle searsjbiYou said salary + bonus is 300k but didn’t mention stock grant. Does Genentech give annual RSU refresh?