3 ms·
I think longer than 3 years and you are committing yourself to wage depression, from what I've read from various hiring managers.
by oxff 4y ago
I think longer than 3 years and you are committing yourself to wage depression, from what I've read from various hiring managers.
- acchow 4y agoDepends on the trajectory of stock price.
- adamsmith143 4y agoIf you can get a 20% bump in TC by moving that's irrespective of stock price so you'll take net loss staying put no matter what happens with stocks.
- acchow 4y agoI mean depends on the trajectory of the stock price of the company you are leaving. If you joined with a 4-year vesting package when the stock price was $10 and now it has risen to $30, you will probably be taking a big pay cut by leaving after 3 years.
- adamsmith143 4y agoRight but if you can predict stock prices that accurately you should be running a hedge fund not working as a SWE.
- acchow 4y agoI'm not talking about predicting stock prices. I'm talking about looking backwards. You said staying at a job for longer than 3 years is committing yourself to wage depression. That's not always true. If you have been at a company for 3 years and were given a 4-year grant at a $10 stock price, but today the stock price is $50, it's unlikely you'll find better compensation by leaving and should probably just stay for year #4.