Saw the salary progression post, and holy shit do I realize how much you can make by switching [Blind] Check out this post! This guy went from 80k to 575k within 6 years (Tech Industry) https://us.teamblind.com/s/cUyDpZF6 250 7yoe Same company for 5+ year
Works only until you've reached Tier 1 company
What's consider tier 1, is LinkedIn tier 1
A company that pays the most for your level https://www.levels.fyi/2021/?level=Senior%20Engineer%20(III)
Yeah even at G (now that the front loaded lowball has run its course) time to bail even before the initial grant is all vested. Sad really.
Is something going on at Google? I've seen a few people who've been there for a long time bail for Meta
Pay not keeping up with other companies. WLB getting worse anyway in many teams, lots of cost cutting, lots of uninspiring hires (particularly in leadership) from traditional companies actively crushing the culture. Used to be in awe of people who worked here. Now I wonder how some of them made it here (& maybe someone says the same about me…) but the bar is lower and dropping (only way to scale up numbers) and it’s sad. Cloud is trying to become the next Amazon but will probably turn the whole company into what Yahoo became. The non-coasting old-timers are real gems and teammates from heaven. Trouble is their count is reducing by the day. /end of Saturday morning rant. But it’s really been a disappointing run for me at G and many others I talk with
Link to the salary progression post?
If you work someplace with good equity appreciation it can make sense to do so until your cliff (typically 4 years).
I think it can make sense to stay if your current company gives you many chances to learn new marketable skills. Then once you have the right experience you can exponentially increase TC
This works in a bull market. In 2012, some raises were higher than external offers/negotiating. different markets. If stocks are low, companies switch from RSU # to $ amounts
Sadly it’s the only way to increase TC as you can see from the post. I’ve jumped multiple times and nobody cares.
It’s true. I stayed at previous companies around 5 years each and every time I switch I nearly doubled my salary. In comparison, I have a former coworker who stayed at Oracle during that time and their salary went up $25K in 20 years. It kills me to watch him stay there but he feels lucky so I suppose it’s all relative.
only for the first few jobs