4 ms·
It's funny how spoiled people have been the last few years. For a long time the rule of thumb was to plan 1 month job hunting for every 10k of salary. Salaries
by matwood 4y ago
It's funny how spoiled people have been the last few years. For a long time the rule of thumb was to plan 1 month job hunting for every 10k of salary. Salaries have definitely gone up since then so the rule can likely be revised to something like 1 month/20k-30k of salary. The point is that the higher salary required, the longer it typically takes to find a position. The last few years were the outlier times, and it seems we're settling back to normal.
- VirusNewbie 4y agoYou think the average engineer making 200k will take a year to get a new job?
- matwood 4y agoThey could. That rule of thumb has helped me plan for how much of an emergency fund I need to have. The more you make, the longer it will likely take to fully replace that salary. Another thing people should realize is that salaries do not always go up. Making 200k today does not mean someone will make 200k+ forever more. Plan accordingly.
- ghaff 4y agoPost dot-bomb I didn't really recover salary for a decade. (Which still is probably not especially spectacular by tech standards--although I did very luckily get a new job pretty quickly.)