Tech IndustryJan 16, 2023
Numeratordlh722

Grossly Underpaid in Tech

I have 15+ years of work experience in tech and an MBA, I worked in Financial Services (JPM & Vanguard) before taking 8 years off to be home w/kids, back to work now 4.5 years and I’m still under market (even after a recent 15% salary bump). I really want to start looking for a new role but now companies are in a hiring freeze and I’m worried about job security… do I look and apply or wait a few months?

New
Sev3r Jan 16, 2023

What’s this TC looking like?

Numerator dlh722 OP Jan 16, 2023

My base is $120k, bonus should be 10%, 401k match is 4%, no RSU’s, I don’t collect benefits since spouse carries for family

Conga randomi Jan 16, 2023

You should start looking. Will be harder with all the folks looking at the same time but you’ll get some practice anyways and if you get a job…great!

Amazon upopy lok Jan 16, 2023

are you swe? mba is useless and adds no value. the fact that you just say you “work in tech” but dont even state what your role or what you actually do makes me believe you’ve just been grifting for 15 years and you’re trying to find your next grift

Amazon CFKj23 Jan 16, 2023

Agreed Advice: go to big consultancies

New
lPqH03 Jan 16, 2023

@CFK: like big4? Or Indian consultancies lol

Coinbase #refactor Jan 16, 2023

Start looking now, get some practice in.

Oracle jjrddc Jan 16, 2023

Tc or gtfo

Microsoft theMasterQ Jan 16, 2023

Congrats on coming back to the work fam! Ok, apply now would be my advice. A lot of companies, not just tech firms are being picky with new hires lately. Start applying, plug stories for LinkedIn and talk with recruiters, lastly chase TC for what you need+10%. The market is a dumpster fire 🔥 Lastly, find a role that will work with your family needs, a lot of non elite employers are die hard work 60+ hours a week right now with no one buying anything. Best of luck 🤞

Numerator dlh722 OP Jan 16, 2023

I’m fully remote 45-50 hours now… good for family to be home FT as it definitely helps

Microsoft theMasterQ Jan 16, 2023

Agreed, there is a strong push to get people back in office though, just be aware of that. Same for hybrid roles, a lot of bait and switch tactics too.

Numerator dlh722 OP Jan 16, 2023

My undergrad was a Bachelors of Science, Fin/MIS… I was a programmer for barely 2 years and was pulled into Project Management. Spouse is an L7 at AWS so I am not the breadwinner BUT I am seeing all the salaries here and realizing I need a new gig for better pay. I was told to join this group from a female mentor who is at MSFT

Sisense mathveggie Jan 16, 2023

MBA and finance? Are you really in tech? You should stick with the banks

Numerator dlh722 OP Jan 16, 2023

Yes I spent entire first part of my career to age 35 in financial services, stated hoke with kids and have been in media since 2018

Numerator dlh722 OP Jan 16, 2023

I finished my MBA in 2005, not sure it matters anymore ;)

Microsoft theMasterQ Jan 16, 2023

MBA is still an MBA... If nothing else think of it as a certification for management roles.

Numerator dlh722 OP Jan 16, 2023

I’m in management now

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Nate . Jan 16, 2023

Well don’t worry so much but start looking The fact that your spouse is an L7 should be giving you some liberty to be picky about your next job as your family income must be decent And oh yes .. your spouse and kids are lucky to have you , the fact that you decided to take off work to take care of them !