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>Let's invert it - why should I just make my boss more money forever while I get the same cut? It sounds like you're assuming OP is getting a small cut. What i
by JacobThreeThree 3y ago
>Let's invert it - why should I just make my boss more money forever while I get the same cut?
It sounds like you're assuming OP is getting a small cut. What if his salary is generous and there's a profit sharing bonus pool every year?
The idea that in every career one needs to be continuously promoted to new positions doesn't make a whole lot of sense in my opinion.
- teach 3y agoNailed it. In fact, individual contributor salaries were public and constituted ~80% of the company's entire annual budget. Rent, utilities and all management salaries were contained in the remaining 20%.
- hobs 3y agoWell, then the OP is among one of the very few people that couldn't find a better job for the position. In my experience I have had 22 jobs in my life, half software, half not - every time I asked for a raise and even got a good one it was never more than 9% in a specific position, in moving positions I have received over 100% multiple times. There was no such thing as profit sharing, I was seriously underpaid many times. There was 401k matching at best, and anywhere that offered stock basically went bust or used means to ensure they never paid it. Ultimately I would love to stay somewhere that paid me well and treated me well, but getting both for a steady period is hard!