41–47 of 47 posts
You stay in that job for the team, the environment (not sure how those two are different) and the product (it's your baby by now).
You should leave when the work is no longer challenging.
Earlier quoted context omitted.
Right - hopefully the total vote volumes here end up as a decent proxy. We'll get more sophisticated with this later.
Why are you asking, btw, out of curiosity?
One option not listed is 401k match. Next to base compensation, that is the metric I am most interested in.
It's better to consider total compensation. A $100k salary with up to 5% 401k matching is roughly the same as a $105k salary with no 401k matching. The latter might be preferred since it gives you the choice of what to do with that extra $5k, but it gets tricky if you're nearing the contribution limits.
Not at all. The 5% match goes into the 401(k). The 5% extra salary doesn't.
Note that 401(k) match also isn't subject to SS or medicare.
http://blog.pmarca.com/2007/10/the-pmarca-gu-1.html
"Once you have picked an industry, get right to the center of it as fast as you possibly can."
"Every job, every role, every company you go to is an opportunity to learn how a business works and how an industry works."
When you're young, you should always trade income risk and get to the center of the action ASAP and decide which "businesses" you want to learn. For example, if you want to start a enterprise software company, you would work at SAP.
This is only for you're very ambitious. If you're not, focus on the compensation, challenging work, environment, etc that everyone talks about. The fact is if you're doing a startup, you learn about the business from being in a company in the space. (SAP spun out of IBM, Salesforce/PeopleSoft/Siebel from Oracle, YouTube/Slide/Geni/Yelp/Linkedin from Paypal (all consumer internet), etc).
Earlier quoted context omitted.
He probably should have said "inverse".
Honestly I have no idea how I could have inverted the 3 adjectives (english isn't my primary language) and I confess I went too far trying. But this isn't the first time I am corrected, and hopefuly won't be the last, since it makes me learn :) I guess that's why I put the phrase after "the opposite ain't true"... anyway thanks everyone.