Years of Experience (YOE) is Only Loosely Correlated with TC
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
comments
Yoe is used as a rough estimate for level.
A fine grained level is determined by understanding the work youโve done.
No company assigns you a level only based on yoe.
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.