Job Hopping for Salary
Discussions center on frequently switching jobs in tech to achieve larger salary increases compared to staying put, weighed against reasons like team quality, stability, interesting work, and non-monetary benefits.
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I wanted to be a lifer at my previous job. It was a tech giant, they were doing a lot of cool things, and there were a lot of opportunities for internal mobility. But the salary increases did not keep up with the market. And it became very difficult to stay motivated. Even when I had the opportunity to work on an interesting project, I decided against it and concentrated on interviewing with other companies.I am now in a smaller company and earn more money than in my previous job. I am also h
The last time I jumped ship I did not took a paycut - actually a got a small raise - but took a job where I am paid ca. 15% less than my market value. I was recruited by the VP of IT at a small company. We used to work together in the past and he knows what I am capable of if I work under the right conditions, which excludes discussions about BS and interruptions through "burning issues". I do what I love to do, I set my own priorities and my own deadlines. I have a site in Confluence
Those who leave may not always be the best, but those are best will certainly leave. It makes no sense to Not switch jobs if you get higher salary and have capability to get it.In tech industry where job hopping gives significantly greater raise than yearly increment, those who switch jobs get more exposure and better worldview. While those who stay get 1 year experience 10 times.PS: Exceptions are always there
Once you put an employee in a position where the only way to get a salary hike is to change employers, there is no way back - you change employers. It worked out well for me, and AFAIK the role is not filled yet in the previous company.
Anecdotally, all the devs I personally know who hopped around like this did so because promotions/compensation were stalled out at their current job. Almost all of them would have stuck around if offered competitive titles and compensation, but they were often being paid 25-50% less than they would be as a newhire at the same company.
"I'd leave, I even feel I'm morally in the wrong for not leaving. But the thing is that the pay is good, that I'm of an age prone to experiencing ageism in the job market, and also this is a place where I have ample slack for tuning my output and inmerse myself in side projects or personal improvement, so their loss..." - this tells me that you are a very loyal employee and you also find security more important than other aspects of your career. That is certainly your de
This is totally normal. There are 2 things that can happen from here in my experience.Either…1) You’re going to be rewarded with higher compensation and because of it you determine to stick with the company long term, build up a very stable savings/investment and focus a lot more on your life outside of work for your personal fulfillment. As a side effect, you may find ways to get interested in new challenges at the current job (like organization efficiency).2) You change jobs for
I asked this question a while ago, about why people stay at their jobs, despite knowing they could get paid more. Might be worth a read for some thoughts.Ask HN: Why did you accept a lower salary? https://news.ycombinator.com/item?id=15109079For me, basically I have similar pros and cons as you.I could be earning more, but I get a lot of downtime to work on my side projects, locati
>get paid well for it,I am curious what your pay is.I feel like people get screwed if they dont change employers.
> Second, why aren't you already at a different job that pays you more instead of hanging that over your manager's head?There's also value in being able to work on the same project over time and see it evolve, feel like you own features, etc.There's value in staying at the same company because you don't have to move, change your commute, switch healthcare providers / doctors, etc.I think the attitude of "well, just quit, don't make any attempt