Years of Experience (YOE) is Only Loosely Correlated with TC

Oracle / IT
jmpngLns

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jmpngLns
Sep 21, 2020 34 Comments

As a young Blinder (<4 YOE), I'm tired of seeing people think YOE is a simple, integer factor in considering your Total Compensation (TC).

Imagine 3 different 8-year paths for a new grad software development engineer (dev#):
1) I start at Amazon for 2 years as a dev1 and get promoted to dev2, head to Microsoft for 6 years and reach dev3/seniorDev.

2) I start at Oracle Cloud for 6 years as a dev1 and get to dev4/principal. Head to Google as a dev2.

3) I start at Facebook for 5 years as a dev1 and get to dev3. I then go to a startup as a seniorDev and work for 2 years while I transition into a seniorManager at the end of my last year.

Each of these routes are possible for someone in the 8 years after college. Now that person applied to Netflix or some other company not listed. My argument is that 8 YOE matters FAR less than what you did during your YOE. Even if we add paths at the same company, what did the applicants do during their respective tenures.

Learning and skill development are not linearly correlated to YOE. Often it plateaus after some time at a certain position at a certain company.

#offer #tech #compensation #hiring #faang #newgrad

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TOP 34 Comments
  • Google
    MF Doom ๐Ÿค–

    Go to company page Google

    MF Doom ๐Ÿค–
    Your post and your title donโ€™t correlate.

    Yoe is used as a rough estimate for level.
    A fine grained level is determined by understanding the work youโ€™ve done.

    No company assigns you a level only based on yoe.
    Sep 21, 2020 2
  • I think we all agree but the truth is, it adds too many dimensions if we take into account and consider each and every individual work experience. So YOE is used only as a ballpark gauge and nothing of too much importance. At least we know a person with a 8 YOE typically has more experience and knowledge than a new grad.
    Sep 21, 2020 1
    • Oracle / IT
      jmpngLns

      Go to company page Oracle IT

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      jmpngLns
      OP
      Yeah definitely makes sense. I just see the 3-6 YOE range as widely variable for many devs especially if they have only been with 1 or 2 companies
      Sep 21, 2020
  • New
    .tar.gz

    New

    .tar.gz
    TC should stay directly correlated to YOE, title is pointless. You should never be taking a pay cut when moving jobs.
    Sep 21, 2020 7
    • Turner / Eng
      NewsDev

      Go to company page Turner Eng

      NewsDev
      @tar how many years were you at each position though because that also matters. Of you were at 100k for 5 years but could have reached 350k in under 5 years by taking a pay cut then it's not really a pay cut
      Sep 24, 2020
    • New
      hypertext

      New

      hypertext
      New username. Was at 56k for 3 yrs, then was at 100k for 1 yr before landing the 350k.
      Sep 24, 2020
  • Uber
    MJxV34

    Go to company page Uber

    MJxV34
    How would you rank these three paths? 1<2<3?
    Sep 21, 2020 2
    • Google
      vogaPoga

      Go to company page Google

      PRE
      Walmart, Mentor Graphics
      vogaPoga
      +1
      Sep 21, 2020
    • Oracle / IT
      jmpngLns

      Go to company page Oracle IT

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      jmpngLns
      OP
      Really depends on two entity's goals: new grad and the hiring company.

      Personally, I want to transition to management and leadership in the near future so any path that leads me toward that goal would be preferential.

      Company would really have to look at the applicant's projects and roles on those projects.
      Sep 21, 2020
  • Google
    oucoucoyx

    Go to company page Google

    oucoucoyx
    Alas and alack!
    Sep 21, 2020 3