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Guinness
Sep 15, 2004

Pillowpants posted:

I’ve never had a company ask for prior W2s…. Seems intrusive

Nor have I

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Guinness
Sep 15, 2004

Even in tech where job hopping is pretty normalized, the more experienced and senior you get the less advantageous it becomes and more risky it gets to have a resume without holding down a job for more than a year or two.

Early career I totally expect someone to be moving frequently because that’s just how the game is played to accelerate your career and comp. But you start to hit a ceiling somewhere around the senior/staff level, where tenure and depth become necessary.

At the like the staff or principal level, where it takes years to settle in to a domain and become an expert, moving around every year isn’t going to look good. It still happens but it’s less the norm than at junior levels.

Like anything, the answer is “it depends”. 10 years in one place does not make you “unhireable” but you should hopefully have a lot of depth and growth to show for it. If that’s the case I think it makes you look very valuable to the right type of company.

Guinness
Sep 15, 2004

That's pretty much completely normal corporate America.

Already work here and want a promotion? Well, prove you can do the job that is level+1 for a while with all the responsibility and none of the pay and maybe eventually we'll think about a formal promo.

New hire? Well I guess we'll take a shot on you with very little evidence. Here's the current upper market salary!

No mystery why job hopping is often the quickest way to accelerate your career.

Guinness
Sep 15, 2004

I would be so stoked if my company got acquired and I got laid off with 3 months severance. Forget about contracts and lawyers, just take the W, go on vacation, no rush to get a new job.

Guinness
Sep 15, 2004

Adhemar posted:

They’re writing an offer letter before first agreeing on comp? Usually the negotiations happen before that.

Written offers are commonly delivered and revised as part of the negotiation process. Always negotiate in writing not verbally. If it's not in writing it's not real.

Guinness
Sep 15, 2004

Attempting to renegotiate boilerplate contract terms after already being hired is not going to go well for you

quote:

everyone who's started any job is 'begging' at every annual performance review after hiring.

If you're trying to negotiate a raise at your annual review you've already lost. Annual reviews are mostly when standardized adjustments or formal promotions are handed out. Managers' hands are mostly tied.

You either start that conversation way before annual reviews, or force the issue with an off-cycle raise, usually by having another offer in hand.

Guinness
Sep 15, 2004

Lockback posted:

You should not consider RSUs lottery tickets. Options on startups sure, but that is get different. RSUs are money that's tied up, is all. If your that confident the stock is going to plummet your should make a fortune shorting.

You are often prohibited from trading options, or any sort of derivative, on the stock of the company you work for. Absolutely prohibited by law if you are considered an insider, but potentially against company trading policy regardless.

Employees are expressly forbidden from trading options at my company, no matter your role.

Guinness
Sep 15, 2004

Jordan7hm posted:

Spellbackwards is right, there are additional costs to vacation time, it’s not a straight 1/52 cost impact. There are also additional benefits. I value vacation time at more than the cost would imply.

It's certainly not as simple as 1/52 cost, but IME many companies will pay far, far above its cash value in salary and bonuses rather than giving out an extra week a year. Especially when the norm of 2-3 weeks/yr is so low already it's not like people aren't already working most of the time.

I've always tried to push on more vacation in salary negotiations and it's never been successful, but companies will quickly offer $15-20k/yr more in salary and a $10k signing bonus instead of giving out one more week of vacation.

Guinness
Sep 15, 2004

LochNessMonster posted:

Got an offer at my “yes number”. Was told that the company policy was 3 days office, 2 day wfh. I told ‘m that I’ve been full remote for 3 years and anything over 1 day at he office would be a dealbreaker. Got the OK in writing in less than an hour.

I would’ve walked away if it’d be 2 days a week. Apparently there are other peeps who come in once a week but corporate wants butts in seats. Up to manager discretion apparently.

I'd be concerned that it's a short-term win and that corporate pressure will eventually overcome manager discretion, even in writing

I'm still convinced that most companies that are hybrid now will slippery slope into near full time in-office sooner or later, either by formal decree or social/managerial pressures or both

Guinness
Sep 15, 2004

When it comes to bonuses, vest dates, etc. the safest move is always to wait until the date passes.

Maybe your company is chill about it, maybe they're not. Unfortunately there's only one way to find out.

Guinness
Sep 15, 2004

Lockback posted:

I think people in the EU don't realize how big and how different culturally the US is depending on where you are. Someone's experiences in New York vs California vs the Midwest vs the South East are all going to be vastly different.

yea, this, and it's getting more divergent not less

if you're an urban professional in one of the prosperous (mostly coastal) cities, life is often quite good

if you're not, well, yikes

but fixing it would be ~*~ socialism ~*~ and the ones getting the shortest end of the stick are frequently the most adamant to keep things going this way :shrug:

Guinness fucked around with this message at 22:51 on Oct 28, 2023

Guinness
Sep 15, 2004

Lockback posted:

I'm now more convinced that RTO is a good idea.

This is the sort of poo poo that will ruin it for the rest of us

Guinness
Sep 15, 2004

If it's that short just leave it off

Guinness
Sep 15, 2004

You can try to ask for more with the promo, but don't hold your breath, and do it very tactfully with data so you don't ruffle feathers. Typically promotions don't scale to market rates, even though you're a known quantity that has obviously been performing at the next level. It's just how most of corporate America works unfortunately.

If you really want to get that bump in comp you'll likely have to go interview with some other gigs and get some real offers, and then either jump ship and take one, or use it as leverage to negotiate a raise. And if you do the latter you have to be earnestly willing to jump ship if it goes badly.

Guinness fucked around with this message at 22:40 on Jan 16, 2024

Guinness
Sep 15, 2004

That all sounds like you’re being very reasonable. Congrats on the promo in the short term, and good luck on further career growth in the long term!

Guinness
Sep 15, 2004

I wouldn't limit that to just women.

I live in a civilized state that has paid parental leave for both parents, and I had a 3 month paternity leave last year. And yeah, now I've got some new life priorities that make job hopping less appealing and not on my mind as much.

Guinness
Sep 15, 2004

In my limited and anecdotal experience, companies are often transparent about their benefits package during the recruiting/hiring cycle. A lot of the time the summary is in the job ad or recruiter contact message. Most of the time for most roles it is pretty set in stone and not negotiable so it's not like it's up in the air the way salary is. Last time I was interviewing I was given the whole benefits info packet that employees get before I got an offer because I asked.

If a company is cagey about their benefits I will 100% assume they that suck because there's no reason to hide them, and lovely benefits will probably be a deal breaker so the sooner I know the sooner we stop wasting everyone's time. To a limited extent subpar benefits can be made up for with more money, and I want to know that sooner rather than later, but some things are just non-starters like awful time off policies or total dogshit 401k plans.

Guinness fucked around with this message at 20:50 on Feb 15, 2024

Guinness
Sep 15, 2004

Another thing I've seen at mega corps that do a lot of contracting is the question of which/whose budget is it coming out of. A particular project, even if it will run for years, might have its own budget under some org that is not the same budget/org as FTEs. And that can make it easier or less onerous, not necessarily cheaper, to hire a bunch of contractors for a project rather than trying to staff up internally.

When I did a bunch of contracting/consulting we were not cheap but we were often brought in as an end-run around internal politics and budgeting and infighting that FTEs were subject to. Many megacorps have entire little ecosystems of contract shops that ride their coat tails around for getting work like this. It sounds silly and sometimes it absolutely is but that's corporate America for ya.

Guinness
Sep 15, 2004

Some companies have pretty established pay bands, so if an e.g. Sys Admin II is 100-120k they aren't going to bring in someone at that title and then pay them way below band at 80k or whatever. Not all companies and managers are morons out to screw you, and realize fair and benchmarked compensation is good for everyone.

Not to say they'll automatically pay you top of band without some negotiating, however.

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Guinness
Sep 15, 2004

Start ups can be a sort of good option if you're low on experience and trying to break into an industry. The problem is that most everyone else at start ups is probably in a similar boat and has way too much responsibility for their ability level, so the whole place is a flaming poo poo show. Imagine the worst family business you know and then involve VC money and pressures.

It does mean in some cases there can be an opportunity, but tread carefully and don't get sucked in. I know a bunch of people that used the low bar of start ups as stepping stones into "real" companies. Every single one of the start ups was (and notice how I said was) a disaster of a company, and even the couple of them that had exit events did not make any meaningful return on equity for the lowly employees. Of all the cases, the best outcome was an acqui-hire deal.

Now with some 15ish years of career experience I wouldn't touch 99.99% of start ups, unless it were my own thing.

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