Should I leave dream job to pursue higher pay?
YOE 3 TC 150k SWE
I work at a mid-sized proprietary trading shop as a backend engineer in Chicago.
I see people with 300K TCs on here and get contacted pretty regularly by recruiters from various hedge funds offering the same or higher and am wondering what the catch is, because that just seems nuts to me... or maybe my perspective is off.
I also realize there are inherent risks in making a jump like that. So I’m wondering if it’s even worth the bump because my work life balance is pretty perfect at the moment, and I’m worried I might give that away never to get it back again.
The pros of my company:
Trusted with ownership of high revenue generating products, including development from inception to delivery.
Hours are more or less self determined, I work 35 hours a weeks on average. Though that can jump a few times a year to 50-60.
I have great relationships with my team and management and am often sought ought for input.
The problem space is exciting and there are always new tricks to learn.
My colleagues are incredibly knowledgeable and I can always expect to learn something from them.
The cons of my company:
Bonuses are paid out in a very opaque fashion.
There’s no defined path of salary progression, which is very unnerving. For example, I like the L1, L2, LN structure, it feels like it’d be a lot easier to plan the future.