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It's nearly impossible to get a 66% raise for individual performance at non-executive levels.
by JMTQp8lwXL 7y ago
It's nearly impossible to get a 66% raise for individual performance at non-executive levels.
- lawnchair_larry 7y agoYeah. At most companies, you have to move mountains to even get a 6% raise, unless you get a promotion.
- jtsiskin 7y agoIs that true? Increasing a level in a few companies on https://www.levels.fyi/charts.html https://www.levels.fyi/charts.html is a similar magnitude increase
- solipsism 7y agoThere are years of experience and salary adjustments + stock refreshes between those levels. You don't just make a quantum jump like that from year to year.
- username90 7y agoGetting a 66% raise is not impossible if you have offers in that range. Satya Nadella most likely had some extremely good offers from other companies wanting to make a similar transformation as Microsoft, and now he accepted the counteroffer.
- JMTQp8lwXL 7y agoDoes it really work like this? I guess executives are poached like the rest of us, but I'd imagine if you decide to take a CEO role, you're more or less committed for a minimum X number of years (say, through some sort of contract) unless the board wants to oust you. Because the CEO role is so public-facing for companies, I imagine they want to keep the turnover to a minimum. Also, I don't think Satya is that revolutionary. His shtick was "Historically, Microsoft hasn't been developer friendly. Consequently, we lost the development community. Let's win them back." It's a wise choice, but it isn't novel in the same way Steve Job's iPhone as a product was novel.
- lacker 7y agoSatya’s big strategic idea was that Microsoft needed to deprioritize Windows and start making sure that Microsoft products interacted well with iOS, Android, Macs, and Linux-in-the-datacenter. This was exactly what Microsoft needed to do, and the strategy has been very successful for them.