4 ms·
You don't, it's a waste of time. Instead, you work to get into another company, like the one you mentioned. I've never once in my career heard of a case where
by jalapenos 2y ago
You don't, it's a waste of time. Instead, you work to get into another company, like the one you mentioned.
I've never once in my career heard of a case where someone successfully got a raise at the same company greater than they could've gotten by changing job.
The effect is especially pronounced earlier in career. Juniors start at such a low basis that even if the company, using typical percentage based raises, gives a generous raise of 10%, it's usually not aligned with the change in market value, and they can get 20 or 30% plus by job hopping.
I saw a job-hopping junior double their salary in the space of two years due to this effect. I also saw a "junior" who was basically at senior level of performance continue to sit in the same job earning an entry level wage for year after year. It bordered on masochism.
Companies just aren't very good at marking juniors to market. The only solution is to do it yourself.
- shivajikobardan 2y agoI am telling that I think even the new company won't pay me 3x the current salary. If they know I am making only that much now.
- jalapenos 2y agoHow would they know? Read patio11's article on salary negotiation
- gus_massa 2y agoDirect link https://www.kalzumeus.com/2012/01/23/salary-negotiation/ https://www.kalzumeus.com/2012/01/23/salary-negotiation/ HN discussions: https://news.ycombinator.com/item?id=24588379 https://news.ycombinator.com/item?id=24588379 (420 points | Sept 2020 | 263 comments) https://news.ycombinator.com/item?id=36557679 https://news.ycombinator.com/item?id=36557679 (128 points | 10 months ago | 46 comments) https://news.ycombinator.com/item?id=19262732 https://news.ycombinator.com/item?id=19262732 (72 points | Feb 2019 | 14 comments)