3 ms·
I'm not denying that you can make a lot of money. I'm saying that I know a lot of people who've been promoted. 1. Getting promoted in 2 years, especially once
by endisneigh 5y ago
I'm not denying that you can make a lot of money.
I'm saying that I know a lot of people who've been promoted.
1. Getting promoted in 2 years, especially once you're midlevel is very rare.
2. People at the lowest level (E3/L3/59 etc etc) are not receiving a 50% increase in total comp by being promoted usually.
People are getting confused because FAAANG stock has increased so much, and many bullish employees have not sold their stock and so their compensation (including appreciation) went up 50% during COVID. It's a trend that will likely not continue.
- bitexploder 5y agoYeah, that’s decency bias for you.
- actually_a_dog 5y agoDecency bias? I think you mean "recency bias?" Edit: It's too bad "decency bias" isn't actually a thing. I wish it was.
- bitexploder 5y agoYeah, recency, lol.