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I hate this system as well, but are you absolutely sure it’s only 10-20%? Many of my colleagues who switch jobs often (who are all mediocre at best) make twice
by ramraj07 5y ago
I hate this system as well, but are you absolutely sure it’s only 10-20%? Many of my colleagues who switch jobs often (who are all mediocre at best) make twice as me and I already make happy money.
Money isn’t everything, for sure, so if you’re happy here stay here. But let’s not blow things out of proportion. Ranting about an exercise that involves only your brain for 30 minutes that could turn to hundreds of thousands of dollars to gain, sounds like a kid ranting about exams. Do you know other jobs involve physical labor? Have you seen cheerleader tryouts? No one owes anyone any luxury. If a company decides for any stupid reason that they want to keep a hard interview then it’s their prerogative.
- askafriend 5y agoExactly. Someone senior with 6+yrs of exp can easily make $400-600k. So unless you're already making $300k+, it's far more than 10-20%.
- coinspin 5y ago6 years at 600k is a stretch. 400k is very doable though. I think you're looking at closer to 10+ years to hit the higher end of 600k (at big tech)
- jcadam 5y agoI'm at 15+ years of experience and not even close to that. You're describing a small fringe of the industry.
- goldenkey 5y agoSame but it's not because it's not possible, it's because we simply have not bargained well enough for ourselves. This decade I decided to, and I'm already seeing what the OP laid out. Literally, until you ask for what you're worth, you will continue to get low balled.
- jcadam 5y agoI seem to be stuck. Even companies that at first seem amenable to giving me a significant increase always try to talk me down later in the hiring process. Dropped out of a few because of that.
- nexus2045 5y agoRecently went through the leetcode circus myself and ended up with an offer in this range, thus 4-5x my previous salary, and I have 7 years of experience. The interview had almost nothing to do with my work experience (which isn't that great btw) except for the behavioral portion. I am not exceptional either - most HN comments go over my head really quickly. Now I can actually think about affording real estate and starting a family. Companies that can pay this much aren't rare. They're all in plain sight. FAANG, Coinbase, Stripe, Brex, to name a few.