> Bring more value to the company than what’s expected of you. Then ask to be compensated for it. Sorry but it doesn't always work like this. Sure, performing well makes it more likely for you to get a raise, but there is no guarantee. Perhaps performing well increases probability of you getting a raise. But it does not guarantee anything nor is it most important factor in computing this probability. Probabibility of…
Software Developers: how to get a raise without changing jobs
31–40 of 196 posts
Re: Software Developers: how to get a raise without changing jobs
#32If you "work harder", you will be compensated fairly. Of course, "work harder" is overrated now that work doesn't involve physical labor. "Work harder" has been replaced by "create more value".
The expectation is after you create more value for the owners, you will be compensated fairly. If you believe that, go talk to engineers who worked on startups as early employees and got screwed by investors, founders, managers etc.
Why? For many reasons:
- the owners didn't think you could do any damage to their reputation and impact hiring prospects after they screwed you
- after the company grew, you were now interchangeable
- needed to raise more money and dilute your shares
- you were no longer as valuable to the next stage of the company
- They didn't believe you could replicate the value you created again
etc.
Of course, founders, investors and friends stick around regardless of the stage of the company or the value of their contribution. Why? Because they OWN it, they have power.
Do not confuse performance for power. The only time I got a significant raise (I mean 4X the pay) is when I had significant leverage. Opportunism, self interest and politics rule business.
People are not gonna give you more money if they can avoid it.
Re: Software Developers: how to get a raise without changing jobs
#33Earlier quoted context omitted.
What happens if your boss goes to their boss and says, "Hey, one of my employees is planning to jump ship for salary reasons, can we do anything here?"
You typically only get to play that card once and you'd better be looking to leave in the next two years anyway.
Re: Software Developers: how to get a raise without changing jobs
#34Earlier quoted context omitted.
I've worked at a number of places which had this basic policy. Upper management gives middle management a % of their budget for merit increases, and its up to the middle manager to break it up how they see fit. While you can certainly try to negotiate increases in compensation outside of this, I've never seen it happen successfully.
I've never seen it happen successfully. I've done it at least half a dozen times in my career. I was told "the maximum we can give is a $7k raise since there is a fixed pool for raises in the department." I said if I quit and you have to replace me, not only will you have to hire 2 devs to replace me (as I pulled dev and sysops duty) and pay them market salaries, you will have to pay a recruiter 20-30%. They still wo…
Re: Software Developers: how to get a raise without changing jobs
#35Earlier quoted context omitted.
I've worked at a number of places which had this basic policy. Upper management gives middle management a % of their budget for merit increases, and its up to the middle manager to break it up how they see fit. While you can certainly try to negotiate increases in compensation outside of this, I've never seen it happen successfully.
I've never seen it happen successfully. I've done it at least half a dozen times in my career. I was told "the maximum we can give is a $7k raise since there is a fixed pool for raises in the department." I said if I quit and you have to replace me, not only will you have to hire 2 devs to replace me (as I pulled dev and sysops duty) and pay them market salaries, you will have to pay a recruiter 20-30%. They still wo…
Re: Software Developers: how to get a raise without changing jobs
#36Earlier quoted context omitted.
What happens if your boss goes to their boss and says, "Hey, one of my employees is planning to jump ship for salary reasons, can we do anything here?"
You typically only get to play that card once and you'd better be looking to leave in the next two years anyway.
Re: Software Developers: how to get a raise without changing jobs
#37Still, asking will only get you that far. I got $80->$90/hr raise by asking. But then I got a 40% increase by changing jobs.
And if you're consulting, and are confident enough, you can just raise your prices by a lot. I once was very busy, and told the client that I would freeze my other project if they pay $150/hr, and they agreed to it. Win-win. I get more money, they get the product.
Re: Software Developers: how to get a raise without changing jobs
#38I can look at SV salaries and only shake my head. Random 'jump between jobs every 6 month if needed to improve your net worth' advice from single mid-twenties (not talking about the author, no clue about his background. But it feels that this is the general attitude around salary improvement here) is not globally applicable.
And the author basically says 'invest in the company and THEN ask for the reward'. He's ignoring the 'or else' part. I am 100% sure that a healthy portion of envy and fear is part of my rejection, so let's say I'm coming in with a rather negative attitude. But that article is completely and absolutely devoid of content.
"Work harder, then ask for a better salary based on your excellent performance" isn't exactly worth a blog article. Writing down the year over year effects of N percent in salary is trivial maths.
He's followed by Patio on Twitter, so I give the author the benefit of the doubt and believe that he has sound advice to offer, a decent idea about negotiation (with the 'context matters' caveat). But this article seems .. a fluff piece?
Re: Software Developers: how to get a raise without changing jobs
#39Just saw a huge spike in traffic from HN and thought I would stop by to see what all the fuss is about. Glad to see people reading the article and having a productive conversation in the comments. Happy to answer questions if you have them, and I'll hop into the comments as well.
So you are the reason there are engineers that values themselves so high, that when they reach the market again they ask as much's salary as if they were CEO's?
Re: Software Developers: how to get a raise without changing jobs
#40You should always approach the negotiations with an upper hand - an offer from somewhere else. If it doesn't go well, just move.
You'll be given the raise, but you'll be let go very soon.