171–180 of 247 posts
When people say they want career progression, and opportunities, what they mostly mean is they want more money. Unfortunately, most companies have fallen into the trap where if someone has a title of X they can only make up to Y, regardless of how good they are at their job or how long they've done it. When that happens then the name of the game is getting a promotion in order to keep making more money. That creates…
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At my last startup, one of our employees approached this well. This is a very summarized version, but he came to me and said: "I'd like to be paid $X. I think I deserve it and I believe I can get that salary on the open market. I don't want to negotiate on this." It was a very significant raise but after a short discussion with my cofounders, we agreed and gave him what he asked for. That he was a top performer made…
Doesn’t tend to work at big tech as they have rigid very slow moving (and ill informed) HR processes that only react after they see a bunch of people leaving.
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> Only the people working closely with someone really have any idea And are accused of bias when trying to get raises for their team.
OTOH, I can’t tell you the number of mid (or even poorly) performing teams whose lead tells me that everyone on the team is well above average. (I guess logically that I can only conclude that it’s a team leadership problem causing the under-performance...)
Too many times in my career have I seen an employer lose an employee, who has a ton of institutional knowledge and performs adequately or even excellently, only to replace them them with someone that ends up costing much more money, and then takes a lot of time to get up to speed (which also slows the folks who help get them up to speed). It is like they haven't taken the time to even make a rudimentary calculation o…
Oh, I've quit 3 companies where I was the CTO/lead engineer where they had to replace me with 5-10 people (backend and frontend devs, QA, devops, plus a manager or two, etc.) costing them enormous amounts of money. Many times they've hired me as a consultant where I make 5-10x my hourly rate for several months after bringing the new hires up to speed. Companies place very little emphasis on retention and retaining in…
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"Reward seniority and loyalty regardless of job title" Well janitor retention would surely go through the roof, but I think you might lose a lot of upper management and software engineers.
Why? Because they would prefer to keep running on the neverending promotion treadmill? I think a LOT of engineers would rather stay engineers if they could keep getting reasonable raises. The problem is that almost all companies make it impossible to keep getting raises past a certain point _without_ getting promoted.
When people say they want career progression, and opportunities, what they mostly mean is they want more money. Unfortunately, most companies have fallen into the trap where if someone has a title of X they can only make up to Y, regardless of how good they are at their job or how long they've done it. When that happens then the name of the game is getting a promotion in order to keep making more money. That creates…
While I broadly agree with your point, rewarding seniority is at odds with rewarding people based on how good they are at their jobs, from the perspective of incentives. The two are not always correlated and this is often why some companies hire externally instead of promoting from within. That said, companies are often wrong to hire externally as they misattribute their problems to their employees instead of to thei…
It seems to be the case that effective and competent leadership is the exception. Even in the military, where enormous amounts of money are spent on attracting, training and retaining leadership; they're simply aren't very many that are very effective. Mediocre leaders get promoted and that's just what everyone else gets to deal with. Other examples include professional sports, academia and politics. The tech industry is hardly an exception here.
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Almost all of the companies I worked at hired senior positions from outside the company instead of promoting from within. The other issue I ran into was being so good at the position I was in that I was "unpromotable". Got told that a lot as an IC. Was then told even though I was fully qualified for the promotion, I would not get it nor the accompanying salary.
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Some companies have a concept of “terminal levels”, which means if you get to this level and keep doing a good job and have no desire to keep chasing promos, that’s totally fine and they’ll keep increasing your comp according to your value, which does increase as you stay and accumulate institutional knowledge, experience, and reputation (and owed favors, political connections, friends in senior places, accomplishmen…
Until the next reorg. If this is your path I'd strongly recommend tenure in a core revenue generating project. Avoid projects in cost centers, especially those that serve small / non-critical business needs or have potential off-the-shelf replacements that could be purchased and integrated into the business. Don't assume that leadership will be rational about replacing an internal system with an off the shelf one, if…
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OTOH, I can’t tell you the number of mid (or even poorly) performing teams whose lead tells me that everyone on the team is well above average. (I guess logically that I can only conclude that it’s a team leadership problem causing the under-performance...)
Or a lack of resources? (Unless you're counting that as a "leadership problem")
Currently the approach is “well we lost someone with 10 years of experience _at our company_ I guess we’ll replace them with some with 10 years of experience elsewhere. Problem solved!”
But really, to bring the moneyball analogy, the guy who left was hitting .380, while the guy you brought in will maybe be a .300 hitter a few years from now once he ramps up closer to the level of the .380 hitter.
So what recruitment should be doing is figuring out how many individual people they actually need to bring in to replace their .380 hitter. That calculation should also inform how much they’re will to incentivize the .380 hitter to stay.
Thank you for bearing with my drawn-out analogy!