4 ms·
From 2014, but still relevant. Unfortunately, the best negotiating tactic is to bring a competing offer and essentially threaten to quit. Or just switch firms
by nextstep 9y ago
From 2014, but still relevant. Unfortunately, the best negotiating tactic is to bring a competing offer and essentially threaten to quit. Or just switch firms every ~18 months like the post suggests.
- mahyarm 9y agoFor software I feel like you will start to max out from switching alone once you reach sr software engineer from FAAMG. Past that you have to make real changes such as improving your skills to become something worthy of staff or become some sort of manager.
- chrisbennet 9y agoFAAMG?
- toomuchtodo 9y agoFacebook, Apple, Amazon, Microsoft, Google
- chrisbennet 9y agoThanks!
- santaclaus 9y ago> Apple, Amazon I was under the impression that Apple and Amazon tended to fall lower on the compensation scales.
- deleted 9y ago[deleted]
- mahyarm 9y agoApple tends to match after you work there for about 2-3 years or your a 'special position'. So it's a good place to be an intern and go up since the differences are minor.
- pinewurst 9y agoAmazon has a fairly low cash salary cap if you're not upper management. They make it up (nominally anyway) with an initial cash bonus and stock options. Don't count on any raise after getting hired though. Plus the average stay there is far less than the vest period for either bonus or stock, because Amazon is pretty much the hellmouth.
- grogenaut 9y agoBonus is amortized over the non stock first 2 years paid per paycheck so there's basically ko vesting on it now. Hasn't been for several years. Eg if you get 30 stock over yet 3&4.. you'll get 30k / 24 (Amazon is monthly pay) for the first 24 paychecks for 60k non salary pay. Source: offers.
- throwaway7230 9y agoApple has a frustrating system for individual contributors where you can get promoted pretty quickly up until level 4, but then it stops. In order to get any kind of raise beyond that (level 5) you need to be pretty much a wizard with godlike job performance. Basically there is no career path past level 4 for most mortals, unless you want to go into management, which is also a difficult chasm to jump. Basically once you get to 4 and all your initial stock vests, you have to start looking around.
- deleted 9y ago[deleted]