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As a minor anecdote, I'm a FAANG SWE and if I was told I wouldn't be receiving a raise OR bonus this year, I'd absolutely start looking for other work. Most FAA
by joenot443 4y ago
As a minor anecdote, I'm a FAANG SWE and if I was told I wouldn't be receiving a raise OR bonus this year, I'd absolutely start looking for other work. Most FAANG employees get recruiters reaching out daily, the thought of greener pastures is always on their mind.
- oblio 4y agoNot if the well dries up because all those companies start firing thousands of people.
- taylodl 4y agoDon't flatter yourself. We're all getting recruiters reaching out daily. They're mostly ignored because 99.999% of the time it's a lateral move - doing the same thing at a different place. Not interested. If anything, being a FAANG SWE puts you at a disadvantage for ever having stability. Financially risky startups would love to have you, but a lot of industry verticals simply won't take a look at you because they figure you wouldn't be interested or you're perceived as a flight risk. Thing is, if you plan to retire from this profession those are the kinds of jobs you're going to need.
- joenot443 4y agoUnless you think it's flattering to have recruiters reaching out, I don't see when I was flattering myself. Based on your understanding, if other companies perceived me as being a flight risk because I'd worked in FAANG (?) I probably wouldn't be interested in them either, so it sounds like the system's working as expected.
- ryandrake 4y agoI think it highly depends on the current economic environment. During the past 10+ years of bull market, suddenly losing your raise or bonus would immediately cause people to start looking for a new job. When a recession is on the horizon, with expected job market tightening, people are more likely to accept it, hold on to whatever job they have, and ride it out.