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I can relate to this. I was hired as an L4, got a promotion after 3 years to an L5. I later found out that my L5 TC was high-mid band for new L4s. To rub salt
by pixelatedindex 2y ago
I can relate to this. I was hired as an L4, got a promotion after 3 years to an L5. I later found out that my L5 TC was high-mid band for new L4s.
To rub salt into the wound, I had to have “consistent” L5 level output (translates to about a year) before I could even apply for promotion and compensation only kicked in at the next review cycle. The ~13% salary bump was retroactively granted but RSUs were not, which was upsetting.
Why try to get promoted?
- hintymad 2y agoOn a personal level, promotion always means I have more freedom to do more interesting stuff (and lose freedom to some other stuff too, so there is a balance). Impact and validation of my ability are some other factors, though not that important. Now about the monetary side: the purpose of getting promoted is to get to a high enough level. Say L7 in Amazon. Since resources disproportionally concentrate to the top, L7+ got handsomely paid, especially when you are a top performer in that band.
- pixelatedindex 2y ago> On a personal level, promotion always means I have more freedom to do more interesting stuff (and lose freedom to some other stuff too, so there is a balance). In my role I didn’t have the freedom and the opportunity because we were a small team as part of a sub-org - not much scope for multi-team impact. I have influenced some product roadmaps but for minor changes. Should I be hunting for chances that have more meat and convince others to see things my way?