Earlier quoted context omitted.
Is that true? I am only a dataset of one, but while my wage at a job may not rise quickly, my raise at a job jump rockets up. We can say that employers should reward employees who stay, but in an industry where getting your next job is trivial (in my experience anyway), I just say sucks to be those companies when I take my institutional knowledge with me. Also it's been my experience that remote work has put real pre…
> my wage at a job may not rise quickly, my raise at a job jump rockets up There's a well-known plateau in tech wages that affects most tech workers. Look at what your current employer pays people 10 or 20 years older than you for the type of work you do and you will be able to observe the plateau.
> There's a well-known plateau in tech wages that affects most tech workers. Look at what your current employer pays people 10 or 20 years older than you for the type of work you do and you will be able to observe the plateau.
I've been doing this for over 10 years. When is the plateau coming? Even lateral moves for me bump my paid up to whatever market is at the moment. Maybe that's just a 5K bump if i left in a hurry, but it's not like I lost money to inflation with a jump. I demoted myself during the pandemic due to family stuff and even taking a lesser title I still got a pay bump.
I'm still of the opinion that enough money exists, but I just haven't ever experienced that my salary has gone down with a job jump I've experienced meager annual raises and skipped bonuses, but I've never not been reset to market rate however many thousands of dollars that is. I think my record for a salary jump was 40K? I stayed at a jump I liked for like 5 years. Even still, I never felt my lifestyle decrease in those 5 years. I was always paid enough and I remember once there was a 12% raise in there to help that we were too far behind market rates.