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So your boss could afford to pay you 60% more but decided not to until he was effectively forced to, and you figure that's who you want to work for? Getting a

So your boss could afford to pay you 60% more but decided not to until he was effectively forced to, and you figure that's who you want to work for? Getting a very significant raise to stay in the same role is a strong signal that the company doesn't value its people and will pay you as little as possible in the future. I'd bet any money that your next 2 or 3 reviews will come with no further raises because "you just got a huge pay increase".

missedthecue 5y ago
No company is going to pay everyone the highest amount they possibly can. Is that how you buy groceries?
- onion2k 5y ago
  No company is going to pay everyone the highest amount they possibly can. Letting someone's salary get to a point where they need a 60% raise to get back to a market competitive salary is terrible people management.
the_jeremy 5y ago
You are right in the sense that my company was underpaying relative to the market. The reasons I decided to stay were: 1. I had been there < 3 years, and was at my only other job was 1 year, and I think that has at least slightly negative connotations on a resume to some. 2. I get to be team lead (of a team of 2, yeah), which is not something I would get to do anywhere else, given my 4 YOE. 3. I like my team and WFH and WLB and taking a chance on a new company when the comp would be the same sounded risky. 4. I didn't actually have any offers. I had made it to 3 on-sites and had a few more in the pipeline, but most were for lower compensation than my counter-offer. I went ahead and did the on-site that was for more comp afterward (I told my boss I was doing this), but I didn't get the offer there either, so I didn't really have another option to choose instead. 5. 200k is top-of-band for non-tier-1 companies for my area / YOE, and more than half of the tier 1 companies in my area were over an hour commute.

missedthecue 5y ago

No company is going to pay everyone the highest amount they possibly can. Is that how you buy groceries?

onion2k 5y ago
No company is going to pay everyone the highest amount they possibly can. Letting someone's salary get to a point where they need a 60% raise to get back to a market competitive salary is terrible people management.

the_jeremy 5y ago

You are right in the sense that my company was underpaying relative to the market. The reasons I decided to stay were: 1. I had been there < 3 years, and was at my only other job was 1 year, and I think that has at least slightly negative connotations on a resume to some. 2. I get to be team lead (of a team of 2, yeah), which is not something I would get to do anywhere else, given my 4 YOE. 3. I like my team and WFH and WLB and taking a chance on a new company when the comp would be the same sounded risky. 4. I didn't actually have any offers. I had made it to 3 on-sites and had a few more in the pipeline, but most were for lower compensation than my counter-offer. I went ahead and did the on-site that was for more comp afterward (I told my boss I was doing this), but I didn't get the offer there either, so I didn't really have another option to choose instead. 5. 200k is top-of-band for non-tier-1 companies for my area / YOE, and more than half of the tier 1 companies in my area were over an hour commute.