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Ask HN: I did not get pay rise – as only person in team. Should I quit?

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Re: Ask HN: I did not get pay rise – as only person in team. Should I quit?

#81
I don't know why CEOs make these sort of announcements.

Several months ago my CEO mentioned in a townhall that raises would be larger than normal this year due to recognizing inflation.

At the tail end of my reasonable and normal performance review I got by far the smallest raise I've received in close to a decade.

So, I'm job searching, because the clear signal is my contribution is no longer valued. Had the CEO said nothing, I might be telling myself that the company was in hard times or something, but instead I know I'm an outlier.

Re: Ask HN: I did not get pay rise – as only person in team. Should I quit?

#82

Earlier quoted context omitted.

Of course! I just meant don't quit out of spite ever. It's always better to keep plodding along at your current job (income, health insurance, etc) until you find an alternative. Whatever spike of adrenaline/endorphins you get in that moment will not be worth it in the long run.

Thats been seriously untrue for myself. I found myself in a job that was a complete joke while also pounding me with off the wall expectations changing at every turn. How could you possibly plod through an environment like that while maintaining the energy to take on the second job of finding a job. I wouldn't say I quit out of spite, I quit out of severe disillusionment, so perhaps your advice is not qualified to ap…

Nicely articulated, I had quite the same experience as well.

People under-estimate the energy and effort to find a good second job and so actually best to take the time to get it right instead of jumping from one bad job to another just because of being afraid to quit while there is no job offer yet.

Also, logically thinking, every new graduate who is fresh out of school is just equipped with skills but is able to find a job so it should be even easier for someone who has already even further developed their skills to be able to find a second job even if they've already resigned from their previous job.

It seems like some people just think that they need some leverage of having an existing job in order to find a second job but in reality that doesn't make sense since skills are what is more important.

Re: Ask HN: I did not get pay rise – as only person in team. Should I quit?

#84
Working weekends? Yeah you should find another job. Often have problems with my team. Yeah you should find another job. No pay raise... Is this a rhetorical question? Without those other red flags, no pay raise is a very good indication you should be looking for another position. There are plenty of options out there. No reason to be stuck in an unhappy job especially one that won't give you a raise (any raise, even over less than inflation)

Re: Ask HN: I did not get pay rise – as only person in team. Should I quit?

#85
Jerome Powell announced an important factor for you during the last FOMC meeting: "We can't allow a wage price spiral to happen."

This means that the FED will certainly increase the unemployment rate and put pressure on companies. Why? Because they do not want a 70s type of inflation auto-fueled by wage increases which is actually already the case in the US but not in Europe.

During a time of layoffs, HR uses generally a LIFO (Last In First Out) list. => Changing job adds risk.

As several have noted: Work is not an individual sport (Forget the tv shows). You need allies. Working on your social skills will increase your income faster than changing job. And it will decrease your probabilities to be fire if (when?) a recession hits.

Re: Ask HN: I did not get pay rise – as only person in team. Should I quit?

#86
post #78

I'm an older engineer and having been in your shoes, here is my advice: The best way to get a pay raise is to change your job. This is how the industry works. Many people fail to realize that their relationship with the company is a contractual one and nothing else. Sure, your coworkers are most likely pleasant to be around but that does not change the _nature_ of a corporation. It exists to simply generate profits f…

I have found that if you're good at what you do, companies would like you to keep doing it. That limits the potential for growth into new positions.

I'm not particularly good at office politics, and corporate performance management is pretty useless. Moving jobs is how I have maximised my growth, experience and pay.

However, that doesn't necessarily mean that this is the right thing to do in this case. Understanding why no pay rise was given is a huge learning opportunity. I would certainly take no pay rise as a signal that the company wasn't happy in some way. Knowing why that is would be very helpful for personal development, whether staying or moving on.

It would help to approach from the position of wanting to improve and asking if improvement in any areas are needed. Maybe they don't have good reasons, maybe they do and were too scared to tell someone known to be abrasive. A bit of humility goes a long way.

Many years ago someone taught me the value of learning from my mistakes. It's not enough to just acknowledge your mistakes, or apologise for them, which is difficult enough. Then you have to do something about it.

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