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by bsder
1342 days ago
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> What makes it worth staying 1-2 years, but not 2-3 years? A 4% raise. Management are idiots and will only give out small single digit percentage point raises while jumping companies will result in 20+% raises. The longer you stay with a company the further your salary falls behind. This financial dictate means that your max tenure at a company should be 5 years--and definitely not even that long without a REALLY good reason. |
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Many of these same companies also have very difficult promo processes, requiring you to effectively "got to trial" and defend why you should be promoted.
This exact scenario has occurred with multiple co-workers of mine (most have now left, the rest are actively interviewing:
If, after the months of preparation for promo you "got to trial" and do so successfully, you may find a newly hired, less experienced, lower leveled co-worker with no experience with any of the internal processes or tooling makes 25% more than you.
When companies behave this way, what's the incentive to stick around?