Job safety of new hires and negotiation
Aug 15, 2020
6 Comments
I've heard conflicting information and good reasons for why new hires are relatively safe during layoffs (existing engineers cost more), and why they're relatively at risk (not as experienced within the company). Does anyone have data on what has actually happened so far? If you're a more-than-competent engineer and can learn quickly, how risky would it be to start a new job right now?
Also - if new hires are indeed at greater risk, and companies know this, have we seen companies less likely to budge during negotiations since they know your mobility is shattered? How have you gotten around this?
TC 400K (160 base, rest stock which is doing unusually well right now), 4 yoe, L4 (hopefully 5 soon)
comments
My main reason is that I will need to move cities sometime in the next few years for friends, family, and other reasons. Since pinterest explicitly did not commit to permanent remote work, my choices are to either switch in the next year, or later - possibly in the middle of a recession. I am willing to take a TC cut, so I'm more worried about stability.
Are you highly skilled and believe there’s many like you out there with the same or even greater skill sets? Then stay put and ride it out. Being that Pinterest will most likely employ some sort of hybrid remote or maybe fully remote work policy, my opinion is a job is better than an uncertain job. Or having to reestablish tenure at a new job. Unless of course the company is Apple. I have worked at Apple and once you’re in you’re in. Also they are the largest company in the world by market cap and there’s a reason for that.