I spent over 9 years at Google. Got promoted 3 times. Was a manager. Google is absolutely bonkers when it comes to promotions. At every opportunity to provide feedback towards upper management, I had one consistent refrain: Everyone needs to chill the f### out. The stakes (seem) too high. The amount of time invested is too high. The amount of discussion, rehashing, tinkering, rejiggering, and calibration is just too…
It would be great if promo wasnt such a big deal. But when I look at the comp for an L3 software engineer, and the comp for an L5 software engineer, I have a hard time seeing how you could make people pay less attention to promo. I guess you could switch the process to "promo after N years of not being fired at your current level" but that seems even worse.
Here's a blog post explaining their approach:
https://www.daily.co/blog/rethinking-levels-promotions-and-s...
Maybe it's not possible to switch from a cutthroat promotion-oriented environment to this, but it's worth thinking about for anyone building up a software engineering workplace.