3 ms·

> If you do not get any promotion, perks or increase of benefits during that time, your not going to get any ever. SV bubble. Getting a promotion every 2.5 yea

> If you do not get any promotion, perks or increase of benefits during that time, your not going to get any ever. SV bubble. Getting a promotion every 2.5 years is very rare in traditional engineering companies.

serial_dev 3y ago
A promotion? Sure. But not even a modest raise in 2.5 years, that's not a good sign.
ska 3y ago
It's partially a SV bubble, and partially a early-career bubble (and partially an I've-only-seen-the-good-times bubble, probably) When having these conversations people often forget that it's pretty natural for the time between promotions to increase significantly as your experience and role level increases. FWIW "promotion" i mean a meaningful change int he scope of your role, not a banding exercise to pay you a bit more. That can also be achieved without promotion; companies have different approaches to the 6ish meaningful role buckets in a technical career. This means that advice about "how long is too long" isn't really general.
cqqxo4zV46cp 3y ago
Yep. All this is telling me ie that there are still a bunch of sheltered HN users that are in for a rude shock when they see what it’s like to work long-term in an environment without free money keeping everything afloat. A lot of you have been living in a make-believe world.
- MandieD 3y ago
  Good, I'm not the only one reading those comments and thinking, "oh, you sweet summer children who didn't graduate into the Dotcom Bust or Great Recession..."
- AnarchismIsCool 3y ago
  Nothing exists in a vacuum. Times have been fairly good for companies since the peak of the millennial generation graduated undergrad. As a result it's like you say, easy to get jobs, lots of fast moving work to come by. This is concurrent with the worst housing market and biggest asset bubble anyone alive has ever seen. Even if you're pulling 90th percentile incomes, in most metro areas where those jobs are, you aren't gonna be buying a house ever. Housing is starting to take up the majority of everyone's take home pay and the rat race as it stands for the younger demographics here is building net worth, without a hyper leveraged guaranteed-line-go-up real estate asset, fast enough to outrun enough of the population so the next big disaster doesn't smash them to a paste. Easy money means assets aren't. Regardless of how economics works, you still need food and shelter.
iamthirsty 3y ago
As you get closer to the top, people keep their positions longer and there are generally less of them. Natural progression.

serial_dev 3y ago

A promotion? Sure. But not even a modest raise in 2.5 years, that's not a good sign.

ska 3y ago

It's partially a SV bubble, and partially a early-career bubble (and partially an I've-only-seen-the-good-times bubble, probably) When having these conversations people often forget that it's pretty natural for the time between promotions to increase significantly as your experience and role level increases. FWIW "promotion" i mean a meaningful change int he scope of your role, not a banding exercise to pay you a bit more. That can also be achieved without promotion; companies have different approaches to the 6ish meaningful role buckets in a technical career. This means that advice about "how long is too long" isn't really general.

cqqxo4zV46cp 3y ago

Yep. All this is telling me ie that there are still a bunch of sheltered HN users that are in for a rude shock when they see what it’s like to work long-term in an environment without free money keeping everything afloat. A lot of you have been living in a make-believe world.

MandieD 3y ago
Good, I'm not the only one reading those comments and thinking, "oh, you sweet summer children who didn't graduate into the Dotcom Bust or Great Recession..."
AnarchismIsCool 3y ago
Nothing exists in a vacuum. Times have been fairly good for companies since the peak of the millennial generation graduated undergrad. As a result it's like you say, easy to get jobs, lots of fast moving work to come by. This is concurrent with the worst housing market and biggest asset bubble anyone alive has ever seen. Even if you're pulling 90th percentile incomes, in most metro areas where those jobs are, you aren't gonna be buying a house ever. Housing is starting to take up the majority of everyone's take home pay and the rat race as it stands for the younger demographics here is building net worth, without a hyper leveraged guaranteed-line-go-up real estate asset, fast enough to outrun enough of the population so the next big disaster doesn't smash them to a paste. Easy money means assets aren't. Regardless of how economics works, you still need food and shelter.

iamthirsty 3y ago

As you get closer to the top, people keep their positions longer and there are generally less of them. Natural progression.