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0 pointsryandrake1y ago0 comments

I've run into this too, hopping from one FAANG to another. In fact, the second company's comp offer was so close to my current comp (about 0.1% over), it's hard to imagine there wasn't some covert information sharing going on.

The "job hop for a salary bump" conversations always seem to assume you are early in your career, where this works. My first job hop was for about +50%. My second one was for around +20%. 20 years into my career, job hopping does not seem to increase my comp at all. The plateau is real.

After a certain point, you have to change roles and/or move into management.

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ptmcc1y ago

Yep, similar experience at about 15 years into my career. Not to say it'd be impossible to increase, but the opportunities are few and far between especially in a cooled off market. And the actual job might be a lot worse/more stressful.

Always be reevaluating, though, the situation could change in a couple years. But until then I sleep well at night knowing I'm paid near top of market at a decent company. Not worth chasing those last couple percentiles, personally.

jvanderbot1y ago

Concur - I had 5 offers two years ago, 4 last year, and 2 this year before settling in where I currently work - all about the same (one outlier was +20% the rest, and one outlier was ~70% the rest). I've come to accept the median of those offers as my "set point" for a while.

Changing jobs sucks anyway.

whateveracct1y ago

> always seem to assume you are early in your career, where this works

hah to be fair..2014 was early in my career. So maybe it was due to me rather than a sign of the times.

tsunamifury1y ago

You don't think they also did mass layoffs together to not suppress wages?

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