4 ms·
Some companies have a concept of “terminal levels”, which means if you get to this level and keep doing a good job and have no desire to keep chasing promos, th
by hamburglar 4y ago
Some companies have a concept of “terminal levels”, which means if you get to this level and keep doing a good job and have no desire to keep chasing promos, that’s totally fine and they’ll keep increasing your comp according to your value, which does increase as you stay and accumulate institutional knowledge, experience, and reputation (and owed favors, political connections, friends in senior places, accomplishments under your belt, etc etc).
- bhawks 4y agoUntil the next reorg. If this is your path I'd strongly recommend tenure in a core revenue generating project. Avoid projects in cost centers, especially those that serve small / non-critical business needs or have potential off-the-shelf replacements that could be purchased and integrated into the business. Don't assume that leadership will be rational about replacing an internal system with an off the shelf one, if someone comes along with a mandate for change all bets are off. Don't assume you can rely on political capital when your area of work is being turned down, odds are there are a dozen other people that are trying the same thing. Leadership would likely want to retain lower cost junior employees with the rationale that they have potential in addition to being cheaper.
- hamburglar 4y agoAll good advice. I’ve made a career out of never assuming the good fortune will last. Sometimes your standing is rooted high enough to be above the reorg; sometimes it ain’t.