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> There is a 90% chance that your salary will increase by 10% per year, on average, during your career. I'm not sure where you are or how old you are but after
by zz865 5y ago
> There is a 90% chance that your salary will increase by 10% per year, on average, during your career.
I'm not sure where you are or how old you are but after 10-20 years this definitely does not hold. Often you'll have to take a pay cut to get good skills.
- joss82 5y agoI'm in France and I am 38, working in IT for the last 17 years. I noticed a positive correlation between salary and skills. The higher the pay, the more I learnt on the job. But maybe I was just lucky to pick Python before it was cool and just ride the wave. I took a massive pay cut when I stopped freelancing and started a product company instead, but it was totally worth it in the long run. Make sure you take a pay cut for the right reasons, and for the right amount.
- dhosek 5y agoI've had lots of periods of stagnation in wages. You will reach plateaus in wages. And a quick back of the envelope shows that my wage growth has averaged out to about 5% a year. Without changing what I do or where I live (and having higher cost of living for the latter), I don't expect my salary to increase significantly in what remains of my career.
- zz865 5y agoI was similar. My salary doubled then pretty much was flat for 10 years and only recently went up again.