4 ms·
I only have one question to everyone here who is complaining about “job hoppers”. Do you pay more than 5% increases in salary per year for performance? If you
by StopHammoTime 4y ago
I only have one question to everyone here who is complaining about “job hoppers”. Do you pay more than 5% increases in salary per year for performance?
If you don’t like job hoppers, be the change you want to see in the world: create a good team, pay well, and retain your employees.
- ev1 4y agoPretty much this - even if I like a job, what am I supposed to do when I'm getting a 5-10%+ pay cut every year?
- khazhoux 4y agoAs a BigCo hiring manager, I can tell you we are forced into a rough spot. During perf/comp season, I get only a relatively small pool to allocate as salary/bonus/RSU increases. And when hiring, every candidate worth hiring demands a total comp that exceeds my highest-performing engineers. Recruiting and even my own management chain is OK with giving in. I've let several candidates go even though my management told me to just pay up, because it's unfair to the current team to introduce such an imbalance, and at any rate it causes me all kinds of headaches during the next perf/comp season when the new-hire wants a huge bonus on top of their huge hiring package.
- rkho 4y agoI agree. The most disingenuous framing of the conventional 3% inflation adjustment (which, as CPI has demonstrated, does not remotely cover inflation) is that it is "a merit increase which is based on performance". Companies who try and ignore data-driven CPI during performance discussions are just encouraging job hoppers.