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In my experience promoting from within is still insufficient. Getting a promotion means maybe a 10% raise. Quitting means a 50-100% raise. I've got a guy on
by Consultant32452 9y ago
In my experience promoting from within is still insufficient. Getting a promotion means maybe a 10% raise. Quitting means a 50-100% raise. I've got a guy on my team in a junior-ish position making 80 who is about to leave to make 160. There's no promotion path in the company to get that kind of raise over night.
- tobyhinloopen 9y agoWell that sucks time to change the company...
- Consultant32452 9y agoI've personally never heard of any company doubling a developer's salary like that. Have you?
- thedufer 9y agoIt's certainly rare, but my employer is aggressive about keeping compensation appropriate. Top performing new hires can see their comp double in 2-3 years.
- wccrawford 9y agoDouble, no. But I had a company that gave me a 30-40$ increase one year because it was obvious I was performing at that level. Then a couple years later they were giving me basically no raise. When I told them I thought I was worth more, they asked me if I could "wait a year". I got a new job and a huge raise compared to the last one. (Again, 30-40%.) So while it's possible, it's not always even reliable at the same company that has done it in the past.
- johnnyanmac 9y agoWhere the heck are these kinds of companies? I've heard jumping for a $10-20k raise (so, roughly 20-30%), but double for a junior? Unless COL influences stuff, I'd be wondering what he did right and knock that off as an outlier.
- mixmastamyk 9y agoHis junior position probably doesn’t have a junior label, and the next one might have a senior.
- Consultant32452 9y agoThis is the correct answer.