Is loyalty rewarded?

Jul 23, 2021 39 Comments

Is loyalty rewarded, I’ve been with the same company for 7 years and honestly became comfortable and haven’t interviewed much elsewhere until the last 2 years. New hires in Engineering make 20% less than I do. I’ve known I was underpaid compared to market and didn’t push to move until last 2 years and nearly every week I’m talking to recruiters. On the flip side, I see people who are boosting their TC moving company to company year by year. Do companies care about loyalty or just getting the best talent for a year understanding that they may leave?#tech #tech #tech #productmanagement

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TOP 39 Comments
  • New
    cvxzmngh

    New

    cvxzmngh
    7 years is a lifetime, pls lc and move
    Jul 23, 2021 1
    • New
      cvxzmngh

      New

      cvxzmngh
      Ultimately no matter how close you feel to the company or how close you perceive your mutual closeness with colleagues… it does not matter, nobody gives a flyin fuck about loyalty. Double your tc and move on
      Jul 23, 2021
  • Yahoo
    yOjl47

    Go to company page Yahoo

    yOjl47
    These days loyalty gets you a pat on the back and a thumbs up.
    Jul 23, 2021 2
  • Amazon
    Srdu83

    Go to company page Amazon

    Srdu83
    There is no such thing as loyalty in capitalism. Saw a 7 year amazon veteran got pipped. so there you go
    Jul 23, 2021 1
    • New
      cvxzmngh

      New

      cvxzmngh
      Jassy will pip selispisspiskyi soon
      Jul 23, 2021
  • As everybody else has said, loyalty is unimportant. You can be a great employee for all your life and get fired on merger or whatever.

    HOWEVER, what you must keep in mind is that happiness is important. This thread is full of sad people chasing the highest TC. If you like what you have been doing for 7 years and if it provides you great balance in life, you do not have to change for the sake of changing.
    Jul 23, 2021 3
    • @new sometimes you want to be part of the crowd that always jumps to higher pay. The important thing is to be truthful with yourself and see if you really want and most importantly can jump.
      Jul 23, 2021
    • New
      cvxzmngh

      New

      cvxzmngh
      Agree @tibco, shilling ebx and sorry I wanna say activematrix?
      Jul 23, 2021
  • Google
    ugtm47

    Go to company page Google

    ugtm47
    nope. I quadrupled my income in 5 yeaes by switching companies every couple of years and climbing up.

    first company I worked for, I worked there for 6 years. I was underpaid compared to someone who got hired 4 years after me. I knew it but when I actually heard the number difference it was shocking.

    asked for promotion, got denied, so I quit and flew to backpack around Europe instead and then got a better higher paying job.

    fuck loyalty, it's insane how much companies take advantage of you for being loyal.
    Jul 23, 2021 1
    • New
      cvxzmngh

      New

      cvxzmngh
      Story of my life.
      Jul 23, 2021