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I've always been told that short tenure is "red flag" and I think it's bullshit. I've accelerated my net worth by a rate of return of 12% compounded over the l

I've always been told that short tenure is "red flag" and I think it's bullshit. I've accelerated my net worth by a rate of return of 12% compounded over the last 20 years of professional life. My resume has 10 separate entries in it which means I last on average two years. Why do I expire after two years? Because no one in my industry gets promoted from within. No one in my industry is ever given more than a cost of living wage increase, and certainly not a 12% year over year average increase. It takes two years of watching people get hired over you with no raise to decide that you deserve more money and you go out and find it. I believe in judging my value in monetary terms and as I increase my experience, knowledge, and value, I expect that amount to increase as well.

PedroCandeias 4y ago
I've definitely seen and experienced this. Yes I changed jobs three times in the last 7 years but my compensation went up 3x too. It might have done had I stayed in the first job, it might have not. I would certainly have missed out on all the experiences and adventures of the other jobs. Things do stagnate when startups mature. Now I'm a director of engineering at a massive (not faang) tech company and it feels like a longer tenure would be better - it takes time to sink in, develop connections and get high impact things done at this level. But I'm not sure I would have gotten here without all the variety of experiences that I gained in the last few +-2 year stints.
Vinnl 4y ago
So that's a red flag that you're likely not to stick around on the same salary and undervalue your work :P
- superdug 4y ago
  It's a red flag to assume that I'm going to want a raise, regularly? I don't know that it's my undervaluing of the work that's the problem ... I'm fairly certain that the company undervaluing my work is the problem that makes me leave.
  - mathieuh 4y ago
    They're saying the fact that you have made this realisation and are prepared to act on it is a red flag to employers.
  - Vinnl 4y ago
    The joke was that your not undervaluing your work is the problem, because your employer would like to underpay you :)
- deleted 4y ago
  [deleted]
bluedino 4y ago
It's not a red flag for you. What would your 10 employers have to say?
- preommr 4y ago
  Well obviously nothing since they still hired him.
LatteLazy 4y ago
1.5-2 years is exactly the correct range to aim for to maximise your salary. Short Tenure is usually less than 1.5y, the article has 1y as it's definition (for senior leadership this is not applicable). So I think you and the article agree in that respect at least. Also, do you mean your net worth or salary? Those are (sadly) very different numbers... :)

PedroCandeias 4y ago

I've definitely seen and experienced this. Yes I changed jobs three times in the last 7 years but my compensation went up 3x too. It might have done had I stayed in the first job, it might have not. I would certainly have missed out on all the experiences and adventures of the other jobs. Things do stagnate when startups mature. Now I'm a director of engineering at a massive (not faang) tech company and it feels like a longer tenure would be better - it takes time to sink in, develop connections and get high impact things done at this level. But I'm not sure I would have gotten here without all the variety of experiences that I gained in the last few +-2 year stints.

Vinnl 4y ago

So that's a red flag that you're likely not to stick around on the same salary and undervalue your work :P

superdug 4y ago
It's a red flag to assume that I'm going to want a raise, regularly? I don't know that it's my undervaluing of the work that's the problem ... I'm fairly certain that the company undervaluing my work is the problem that makes me leave.
- mathieuh 4y ago
  They're saying the fact that you have made this realisation and are prepared to act on it is a red flag to employers.
- Vinnl 4y ago
  The joke was that your not undervaluing your work is the problem, because your employer would like to underpay you :)
deleted 4y ago
[deleted]

bluedino 4y ago

It's not a red flag for you. What would your 10 employers have to say?

preommr 4y ago
Well obviously nothing since they still hired him.

LatteLazy 4y ago

1.5-2 years is exactly the correct range to aim for to maximise your salary. Short Tenure is usually less than 1.5y, the article has 1y as it's definition (for senior leadership this is not applicable). So I think you and the article agree in that respect at least. Also, do you mean your net worth or salary? Those are (sadly) very different numbers... :)