3 ms·

I've been considering the same - I could add maybe 30%-40% on to my salary based on my career direction over the past 2-3 years but a good friend cautioned that

I've been considering the same - I could add maybe 30%-40% on to my salary based on my career direction over the past 2-3 years but a good friend cautioned that I'd switch out being in an established role that would pay me out if I were made redundant for a better paid role that could get rid of me with little notice if things went badly. Last in, first out. There are other factors besides salary at work that are leading me to consider options right now so this isn't purely financially motivated, but my decision is that the broader context right now to be telling me to weather it out where I am for the short to medium term.

matwood 4y ago
Short of having some contract in the US, any company can get rid of you with little notice. LIFO is also only one type of layoff, typically where every team is tasked with cutting someone. IME, it also seems less common b/c layoffs are typically not that surgical. IME (again), most common are shutting down teams and/or divisions which have very little to do with skill or seniority. If you're worried about possible future layoffs, I would look at both roles in relation to their link to revenue.
sys_64738 4y ago
> Last in, first out. If you're an experienced new hirer then generally they've been trying to fill a position with a specific skillset, possible for a long while. Unless that skillset evaporates then you probably have higher probability of sticking around than somebody else already in the company, who didn't have the same skillset. It is very situational but being established doesn't protect you as everybody's number will be "up" eventually.