The whole counteroffer thing is politically uncomfortable. Even if successful, it means one’s resume will be more monochromatic than if they had left!
If one interviews well and gets a juicy offer, the company can simply “make it back” through lower raises, and HR gets a pat on the back for leveling compensation.
I’ve also noticed that the nature of work stagnates after about 5yrs. Sure, there are little learnings after that, but it’s too easy to fall into a “sustaining” role with very little hope of real growth.
The only long-term career/financial benefit to staying anywhere ever is experience building/shipping stuff, and goodwill from people who might be positive references down the line. Beyond that, staying anywhere for too long is just leaving money on the table.
Employers of course have the power to change this. Any individual employer even, it's not a Nash equilibrium. If they wanted to, they would. They don't because they don't care. You don't owe your employer any more respect than they show you, which is generally close to "none".
Depends pretty much on the market condition, if one has family, is keen in having less vacations during the year switching companies, not being terminated during the probation time on the new company,....
Job hoping is not a big deal in markets that support it, it isn't always like Silicon Valley everywhere.
definitely a SV / tech hub thing. if the market supports it, sure, but I'm in a big Canadian city and the offerings just aren't like when I was in the US.
plus I'm tired of the new guy uselessness, and having to learn and navigate around new clusterfucks -- at least at the last gig you knew where those clusterf's were
The whole counteroffer thing is politically uncomfortable. Even if successful, it means one’s resume will be more monochromatic than if they had left!
If one interviews well and gets a juicy offer, the company can simply “make it back” through lower raises, and HR gets a pat on the back for leveling compensation.
I’ve also noticed that the nature of work stagnates after about 5yrs. Sure, there are little learnings after that, but it’s too easy to fall into a “sustaining” role with very little hope of real growth.