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Signs that it's time to leave a company

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Re: Signs that it's time to leave a company

#61

Post by ryandrake »

dilyevsky wrote: post #43
corytheboyd wrote: post #15

The big RSU grant is depleted and you don’t get a new one that is comparable in size. There is zero reason not to leave in this case, because you will absolutely make way more money by leaving. You can even leave and rejoin the same company to get another grant, as dumb as that is. Make sure you actually ask for a new grant before quitting, nobody is going to give you money for free. You also need to be good but that…

> because you will absolutely make way more money by leaving That is a pre-2023 advice my friend, unless you’ve been there like 10yrs or an ai researcher or something

It's pre-2023 thinking and early-career thinking. Without job title growth, eventually everyone plateaus. There's only so much any company is willing to pay a non-manager individual contributor worker bee. Early in your career you can go from say $45K to $60K to $100K like it's nothing, but the more you job hop, it'll start looking more like $110K -> $120K -> $125K -> $128K and so on, asymptotically approaching your locale's top pay for your role.

Re: Signs that it's time to leave a company

#63

Post by geocrasher »

JohnFen wrote: post #31

For me, the main sign that it's time to leave a company is when I start fantasizing regularly about leaving the company. My gut seems to be wiser than my head on this stuff. Nearly every time that I've moved on, it's turned out to be the right call in hindsight.

And the one time I actually followed my gut and got a new job, I let my boss convince me to stay on (I really loved the company) and then he sold it shortly after to some jackasses that ruined it. And then when I did leave, I left without a good plan and ended up in a family owned company whose infighting left everyone wondering if they'd have a job the next day. Pure hell.

Re: Signs that it's time to leave a company

#64

Post by ryandrake »

corytheboyd wrote: post #59
dilyevsky wrote: post #43

Earlier quoted context omitted.

> because you will absolutely make way more money by leaving That is a pre-2023 advice my friend, unless you’ve been there like 10yrs or an ai researcher or something

Well you’re right in that I haven’t been looking for jobs recently, but I find it extremely hard to believe that large grants and salaries are no longer a thing in the software industry at large. A few friends-of-friends I know very recently got nice grants and salaries, with large Mega Corps, but that’s always where the money was?

Everyone on HN knows someone's brother's nephew's wife's cousin's former roommate who makes $600K at MegaCorp FAANG but those kinds of opportunities aren't (and have never been) common. Especially now during our first tech bear market in what, 13 years?

Re: Signs that it's time to leave a company

#65

Post by OtomotO »

paulddraper wrote: post #54
lucidguppy wrote: post #34

I don't understand this fascination with central offices. We live in the year 2024. We should be able to look at our workforce, find small offices, and have hub and spoke networks of offices - and work from home as a fallback. Rent a condo, do a communal office, if you want more close collaboration - shuffle your teams to colocate them - not force them into 1hr commutes into a fucking empty office. Our infrastructure…

People collaborate easier in person. Travel is a downside.

Other downside: way more coffee breaks and private discussions.

Re: Signs that it's time to leave a company

#67

Post by corytheboyd »

ryandrake wrote: post #56
corytheboyd wrote: post #15

The big RSU grant is depleted and you don’t get a new one that is comparable in size. There is zero reason not to leave in this case, because you will absolutely make way more money by leaving. You can even leave and rejoin the same company to get another grant, as dumb as that is. Make sure you actually ask for a new grant before quitting, nobody is going to give you money for free. You also need to be good but that…

Yea, I just recently fell off my four-year "cliff" at my company and it's humbling to see your total comp suddenly reset back three or four years. This is often a very good discontinuity that justifies looking around, and it's no surprise that people tend to leave close to their whole number anniversaries.

Humbling is an interesting way to put it haha!

I wish you luck. As nice as it is to know that there are greener pastures, the idea of interviewing amidst the great tech layoffs of today scares the shit out of me.

Re: Signs that it's time to leave a company

#68

Post by 3737hdhd7372 »

opportune wrote: post #13

Definitely feeling this at another FAANG I think there’s something about post-pandemic work in software that just isn’t working. I don’t think it’s just interest rates or a hiring downturn, nor immediate causes like founders leaving (because I see this sickness at most big tech companies these days). Personally, I believe that hybrid work is not going well. Fully remote teams are good, fully onsite teams are good. Wi…

I agree, something about working hybrid just feels like “why are we doing this?”

It’s like an awkward inbetween

I also don’t get why companies seem unphased about paying for a giant office that is empty the majority of the week

Re: Signs that it's time to leave a company

#70

Post by erinaceousjones »

That so many people are so focused on things "having" to be in a constant state of exponential growth makes me feel uneasy. It's like so many people can't see the forest for the trees - we can't have infinite exponential growth forever.

Like, little software shops which take on a stable number of projects / contracts / clients a year, focused on sustainability instead of pure profit, lose and gain people at a roughly 1:1 ratio, rarely downscale or upscale offices, have a relatively flat heierarchy, everyone is compensated realistically, reasonably and equitably, and the work is done at a rate that is a nice balance between interesting/challenging whilst relaxed enough to not cause burnout, with a sensible work/life balance. That's what I look for, and they're fucking havens.

Edit: my idealistic take on "I wish I could do software like a tradesperson" has prompted so many insightful comments looking at all sides of the equation! I will clarify a bit, first paragraph I'm lamenting specifically exponential growth a la shareholder nonsense. Paragraph 2 is "I am so tired, just pay me in line with interest rates to solve funky little code puzzles enough that I can keep the comfy roof over my head and have enough free time to go on my long runs and grow my vegetables" :-)

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