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One thing I noticed is the longer someone stays at a company the more they get under paid compared to peers in the industry. The real pay hikes come when you sw

One thing I noticed is the longer someone stays at a company the more they get under paid compared to peers in the industry. The real pay hikes come when you switch jobs. Google is a company that I guess doesn’t see a lot of attrition compared to the rest of the industry. Wonder how much that played a part in this disparity.

eplanit 5y ago
That has driven job-hopping forever, and rightfully so. It's a good way to manage your own career. Companies don't give raises to make sure you're compensated well -- they raise it minimally enough to retain you.
cocoa19 5y ago
The most unfair part about it is more productive "loyal employees" have to train new employees that come at a much higher pay. This problem would be mitigated if salaries were open. Glassdoor and levels.fyi somewhat help with this problem.
- gnull 5y ago
  > The most unfair part about it is more productive "loyal employees" It's not unfair in general. If you're not actively seeking money and raises, who said you should get them? This frustrates me as a kind of kindergarten mentality, "I was 'good' therefore I deserve good things back". No, you don't; learn to protect your interests. What I think is unfair is that a lot of companies would never admit this adversarial attitude towards employees. Most of them will bullshit you with "we are a family" and whatnot. I worked in a company (20-30 people, Russia) where salaries were secret and not the same for everyone, but the company openly admitted it and actually encouraged employees to ask for more money (and the manager could ask for more results in return). "Everything's negotiable" was a phrase I heard a lot from them. It was my first job, love that place.
  - xiphias2 5y ago
    It's not the companies that make the biggest mistakes, but the universities: I'm grateful for all the things I learned in school / university, but they should have had at least 1 class about managing career. Now with internet things are much better though, there's lots of information on it online.
foolinaround 5y ago
Inertia is real. It works both for and against you in different usecases. It works in favor of companies, who monetize it. The company just need to not treat a person bad enough that he overcomes his own inertia and leaves.
- treeman79 5y ago
  Start of my career, 20 years ago, I started a new position at 30k, over 2 years ended up saving company several hundred thousand if not millions per year thanks to all the automation I put in place. several million to tens of millions in new sales as well. I was given what was considered a massive and absurd raise to 50k. Which my boss had to fight hard for. Hung out another year, then left due to low wages.

eplanit 5y ago

That has driven job-hopping forever, and rightfully so. It's a good way to manage your own career. Companies don't give raises to make sure you're compensated well -- they raise it minimally enough to retain you.

cocoa19 5y ago

The most unfair part about it is more productive "loyal employees" have to train new employees that come at a much higher pay. This problem would be mitigated if salaries were open. Glassdoor and levels.fyi somewhat help with this problem.

gnull 5y ago
> The most unfair part about it is more productive "loyal employees" It's not unfair in general. If you're not actively seeking money and raises, who said you should get them? This frustrates me as a kind of kindergarten mentality, "I was 'good' therefore I deserve good things back". No, you don't; learn to protect your interests. What I think is unfair is that a lot of companies would never admit this adversarial attitude towards employees. Most of them will bullshit you with "we are a family" and whatnot. I worked in a company (20-30 people, Russia) where salaries were secret and not the same for everyone, but the company openly admitted it and actually encouraged employees to ask for more money (and the manager could ask for more results in return). "Everything's negotiable" was a phrase I heard a lot from them. It was my first job, love that place.
- xiphias2 5y ago
  It's not the companies that make the biggest mistakes, but the universities: I'm grateful for all the things I learned in school / university, but they should have had at least 1 class about managing career. Now with internet things are much better though, there's lots of information on it online.

foolinaround 5y ago

Inertia is real. It works both for and against you in different usecases. It works in favor of companies, who monetize it. The company just need to not treat a person bad enough that he overcomes his own inertia and leaves.

treeman79 5y ago
Start of my career, 20 years ago, I started a new position at 30k, over 2 years ended up saving company several hundred thousand if not millions per year thanks to all the automation I put in place. several million to tens of millions in new sales as well. I was given what was considered a massive and absurd raise to 50k. Which my boss had to fight hard for. Hung out another year, then left due to low wages.