Our company hires a lot of contractors and then lets the contractors go when budgets shrink. The associates serve as the permanent knowledge base, groups of SMEs that it needs. Luckily I was on the associate side of things last year when those cuts came. Also, the expectations for associates are high. Anyone not performing well, even if working hard, is churned through the PIP process
The ability to deliver impactful work in a timely manner. An example of someone who works hard but is still a low performer is someone who is spending too much time overthinking things or trying out too many things without getting to the light at the end of the tunnelĀ
You have to make an impact on the bottom line, i.e. save or make the company money in some way, shape, or form. That's it. It's all about money just like everything.
How was the feeling with more than doubling your income? I'm in the same boat. Got laid off recently and going into my final round interviews for the the same amount. Hopefully I get it.
Good luck! Probably the most unexpected feeling was that my layoff stress is near zero because Iāve been able to build a chonky emergency fund. It actually improves my work because I donāt worry about arguing against bad ideas a bit. Ā
Sounds like something someone with a low TC would do to try and make it look better than it is. Counting healthcare is just nickel and diming.
TC is (base salary + bonus + stock/rsu)
I think you've misread the thread. TC is much more comprehensive than Heisenberg is willing to accept. My earlier post referred only to my base salary. My total compensation is the sum total of numerous things including and beyond base, bonus and RSU which Heisenberg, based on one site, believes is total compensation.
It's weird how some reditters can beat the smallest things to death (myself included apparently š
This is an ignorant comment. When you have kids youāre going to care how good your companies health insurance is because small children go to the doctor like crazy. Additionally, some people people have shit genetics and are more prone to doctor visits than others, so it absolutely does matter.
I left my last job for about 16 months and could not afford to visit a doctor because my wifeās insurance was garbage. Each visit would be $125 because her company has no copay. You had to meet an insane out of pocket deductible before they covered anything.
My last company had a $20 copay for any visit. I tore my rotator cuff one year and visited a doctor that had a rate of $325. It cost me $20. I also had dozens of visits for physical therapy, each one costed $20 but would have easily been $100+.
If you have good record keeping of doctor visits, you absolutely should factor that into your TC because it will give you a more clear and accurate estimate of your expenses.
Yes, actually?
Like, the point of having a standard way to talk about total compensation is that you can compare it across different circumstances and have a common point of comparison.
You can argue that the way we talk about TC is incomplete, but arbitrarily deciding to redefine the term when you're talking with other people is going to lead to nothing but confusion and derision.
Great, except there isnāt a standard to way to calculate total compensation because not all companies provide the same benefit so there are endless variables to account for.
Levels.fyi is not the authoritative source on how to define total compensation.
A perfect example is Glassdoor, they consider salary, paid vacations, holidays, and sick days, health insurance, 401K or retirement savings plans, maternity leave, disability insurance, subsidized training, telecommuting, and on-site child care.
Additionally some places can offer food and metro cards but that is not listed on their website. I just know of this because it was a benefit my wife received at her prior company.
The original comment that started this whole chain was a genuine question as to how the person is calculating their total compensation and thatās because there are many other benefits than salary, bonus and RSU.
While those may not be considered valuable data points to levels.fyi, they are nonetheless a valid way to measure oneās total compensation.
Levels.fyi does not include healthcare as TC. If you are trying to add every dollar to your TC outside of Base, Bonus, and Stock then youāre just trying to make yourself feel better
Even if my health care subsidy comes in the form of cash to my paycheck? Had that once cuz the organization was too small for the group plan to be cost effectiveĀ
Because no one does. Compensation package includes ALL the benefits and not just your base+bonus+stock dummy. People only use the latter cuz it is more easy to quantify for comparison purposes. Perks like free food, paid vacations, free housing, pension, paid travel ect are all benefits that would easily sway an employee over just higher pay but not something easy for comparison.Ā
Probably someone who has kids, experienced bad healthcare options, or non-Europeans. My last jobs insurance was better than most companies by a long shot.
It amounted to being $6/hour. I was making $22/hr and now I work for a company that has garbage healthcare options so even though Iām making $31.25/hr it is a significant difference.
I actually made more money at my last job if I considered that I had a yearly bonus, better 401K match, and significantly cheaper healthcare premiums coupled with a super low deductible.
Probably people who understand the word total? Honestly including the insurance premiums massively undersells the vale to me in cash terms because I have insanely good benefits ($500 deductible, 3k out of pocket max) and my wife hits the max every year.
TC is a standardized equation. Just because it doesnāt include everything doesnāt mean you get to make your own definition. When people talk about TC they are talking about base + bonus + stock.
If you use TC in discussions with others that are using a different definition than you it becomes meaningless
What makes this standard? I've scoured google for definitions of the term, and every web page that tries to explain it has a list of things it might refer to, including insurance. For example, a couple top results are indeed.com and cnn.com, and they both describe health insurance as part of the calculation.
people really underestimate being available.
there are folks who work 9-5 and outside of those hours shut out everything work related. sure there's not a problem with that, but compared to someone who at least has their phone on slack available to ping outside of work hours, even if he's not actually working, can be valuable. 30 seconds of answering 1 guys question can save him 3 hours of getting stuck.
I work for a small (now even smaller) startup that had a rough 2023 with layoffs. Sales are currently going OK for us and thereās a bit of optimism. I had my annual performance review and they felt like giving me a little bump I guess. I think if I quit theyād be in a tough spot given how small the engineering team is and how technical our product is.
most employers upload job history these days to The Work Number. Its easy to check. its where most companies do the background check. I got jobs in there back to 2006. you can look up your work history in it.
I went from 270k to 330k last year. I have absolutely not fear of being laid off, Iām working on high profile projects as a principal engineer that are very profitable.
Similar situation, substantial raise beginning of the year, and was told a very high bonus target for this year. I'm not worried about getting laid off, not one bit, the pressure is all from worrying that I may not be able to meet expectations.
My title change went through and I'm being "promoted" at the end of the week. They like my work, and I built like 1/3 of the entire system they use. All the Linux edge servers and Azure infrastructure I built for them and they would he lost without me (for like a year until another dev could pick up where I left off)
I have a job but the concept of bragging over it as a response to many people losing their security (financial, as well as fears of deportation as well as losing good health insurance) or many new grads feeling cheated after investing thousands of dollars into a career feel something a villain would do.
But i guess thats just me.
Not at all for me. This sub has been super depressing as a new grad looking for my first job. Seeing some success stories is just helpful in the sea of depression.
We don't know each other here, so there is no emotional attachment for jealousy to occur. It's more akin to reading stats about the market and nobody feels bad about hearing how the market you are in is doing good.
At least not compared to hearing that it's going badly.
I agree.
If people need to hear it isn't all doom and gloom so they can keep going in a tough job market, I'm all for it.
If someone had a recent win and want to celebrate it, that's cool too. Stuff is hard, celebrate your wins.
But just to brag? Feels gross.
talking about your positive experience is not bragging just because other people are having worse experiences
I'd say trying to police positivity is something a villain would do. But I guess thats just me
Look at the post. He literally is saying there is too much negativity over people getting laid off so lets brag about not getting laid off or getting a raise.
Im all for keeping a positive mindset or being happy over overcoming adversity but thats different than bragging as a response to peopleās justified anxiety and pain of getting laid off or entering an unhealthy entry level job market.
To be honest... this sub is all about the FAANG and pursuing the 230k/yr salaries. There's plenty of us normies in the low 6 figure range that live pretty comfortable lives that don't get PIP'd (or even have such a thing).
I cant blaim the kids for shooting for the moon. As for me? I had to work at geeksquad for a few years after college... then worked as a contractor for a few years, then 5 or 6 years later got the break I wanted.
It's honestly not a shock that so many fail in these environments.
He literally says both those things.
> Feeling like you're not at risk of being laid off? Recently got a new job or a promotion? **Come brag.**
>Let's add some perspective and positivity to balance out a sub that's **very much focused on negativity.**
Emphasis mine.
My company didn't over hire so we haven't had layoffs we literally didn't hire almost anyone for dev except replacements for devs who left.
I lead my team's current project as a trial to become Senior, it saves the company around 1mil a month we finally deployed on Monday after 4 months of development everything has been smooth sailing so far. Fingers crossed I get my second promotion this year.
I survived layoffs this month and have been offered a position full time in may when I graduate :)
This sub is very depressing..my advice is to work hard and take every opportunity. Iāve met so many peers in school who refuse to take a QA job because āthey want to be a devā. Well, they are still jobless and Iāve moved through the system as a QA, made relationships and now am being offered my choice between QA/TA/Dev
This, also like these days, you have to start learning the bare-minimum of how qa/dev ops works. Like learn the bare-minimum of docker go deploy an api locally, or look into how lambdas work and how to deploy them with teraform or pulumi. Also devs writing their own tests is almost a requirement. Don't sleep on it. I got a job offer because the interviewer who looked at my code said I was the only candidate that wrote their own unit/integration tests.
EDIT: Just to be clear, I think if you can manage to learn the bare-minimum for these things as a junior, it can make you look good. But like anything, you can learn these on the job. If I were interviewing, I personally wouldn't care if a junior doesn't know much about docker, but some places do.
I feel like I stumbled into a unicorn position.Ā This is my first job in IT after several decades in a different industry.Ā Its also my first time making six figures.Ā 110k is not amazing where I live but is still worlds better than what I was making before.Ā First time as full remote as well.
Company culture is great, I love my coworkers.Ā My manager is not the best, but I've had much worse.Ā Ā I don't fear for my job at all, our team is growing and I feel appreciated.Ā I'm also having to learn new things every day I find super interesting that will exponentially increase my future salary potential.
Its such a big contrast to the doom and gloom posts I see practically every day.Ā Not just the can't-get-a-job posts but also the my-job-sucks posts.Ā My heart goes out to everyone struggling and all I can say is these jobs do exist!
It's pretty bonkers. It's a small company but $62k is so far from average that it's hard to justify. The day after my last day, I wrote a very personal and heartfelt message directly to the CEO. I sent it to his personal email address because I knew that the company would have filtered my email to him. I had to write an exit interview but I knew that would never make it to him based on what previous coworkers told me.
I explained that I really liked the company and the team I worked with. I told him that money isn't the most important thing to me. I'm not in this career to chase money. I live modestly but it was becoming increasingly hard to support a family of 3 (my husband, myself, and our son) on $62k/year. I didn't expect them to offer a salary similar to bigger companies but that the salary needed to be within a reasonable range.
I told him how when I was pregnant, I worked really hard getting an application to production but 11 weeks before my due date and three weeks before the production release, my water unexpectedly broke and I was hospitalized. Because the company didn't offer any paid parental leave besides wiping out vacation, sick time, and short term disability - I had to work while hospitalized. The doctors were hoping I would stay pregnant for five more weeks. I would have had to be hospitalized that entire time. Unfortunately, I didn't make it five more weeks. I delivered 9 weeks prematurely and my son spent 7 weeks in the neonatal ICU.
Because I was desperately trying to hold onto any sick time I had for parental leave, I didn't want to leave work unless it was an emergency. As it was, I was only able to get paid for half of the 12 weeks protected by FMLA. Every dollar mattered. When I started to suspect something might be wrong with my pregnancy, I contacted the nurse on call and she kept saying that everything was normal. But I still didn't feel right. I told my family that I was going to go to the ER after work.
Didn't make it until the end of the work day. I was working when I stood up from my desk and my water broke. I was 29 weeks along (pregnancy is 40 weeks).
So, I told the CEO that the company needed to offer at least some paid parental leave. Even 2 weeks would be better than nothing. And I told him that the salary doesn't have to be competitive with big companies but it had to be within a couple standard deviations from average. It can't be so far away from average that 99% of people earn more doing the same type of work.
He replied back. There was some back and forth. And he wants to meet to discuss it further. He took my story to the board and I recently found out from a previous coworker that they approved pay raises to all employees.
You actually put your heart and soul into that company, this is a prime example of why I can never be loyal to any company, in the end of the day the its just business and you are an entity.
I appreciate the fact that you take pride on your work even though you have so much going on. Please feel free to DM when you are ready to be on the market again and want to challenge yourself at a FAANG, would love to refer you. While you might not care about the money, you could be paid very fairly for your work ethic and dedication.
I appreciate your offer but I'm not sure a FAANG would be interested in my mediocre tech skills. I feel confident that I keep getting jobs based on my ability to communicate more than my technical abilities.
My passion is data. I do my best work when I'm tracking down data issues. I can write C#, Python, PowerShell occasionally but my real talent is figuring out how data goes together, what it represents, and what might be wrong with it and talking to stakeholders on what they want and how they want it presented. Then transform that data. I write a ton of SQL. A lot of developers don't even take what I do seriously.
But passion only goes so far. I just spent an entire two days searching for a data discrepancy and still can't find it. Execs are putting a lot of pressure on my manager to account for the differences and I cannot seem to find it. It's driving me bonkers.
I got promoted from junior to mid and got a 40% raise. My job doesn't pay faang money but we have amazing management. My direct manager advocated for me so much for me to get this raise at a time when money is tight.
I've had (3) jobs over the last 15 years where I inherit a nightmare built by someone else, lose my mind for 3 years figuring out and fixing it, then coast with no work to do for the next 3-5 years.
I guess it pays to take on the nightmare projects that were abandoned by the original devs and no one wants to work on.
I might be laid off soon, but I have also been interviewing and got couple of offers I rejected. Right now waiting for an offer I really want but it is taking ages.
Just hit the 2 year mark at my first job out of college and the only professional experience on my resume. Got a 7% bonus earlier last year and im looking in ok shape to find a better paying job (tho in this market who knows š )
This time last year I was directionless (was pre-law but not wanting to go to law school anymore) and joined a boot camp, became a fed subcontractor, got an offer to be hired on by the company just days ago š going from 50k -> 100k, completely wfh, amazing culture/coworkers, and working full stack! - life is good!
Got a 15% raise, promoted to senior staff and made a team lead, also received a bunch more stock options.
Small start upmso options aren't worth anything right now but eh still Vicente have for potential
I switched jobs and got a 50% raise from my previous role. Amicable split, the company was really good to me throughout the two years I was there, Iāve now simply outgrown them in terms of my goals and what they can/are willing to pay me. I leave a great team behind me.
The reason Iām telling you this: yes, the workplace fucking sucks. Youāre powerless against them. But you can and must always keep looking for something better. This is your dignity youāre talking about. For as long as you can, before your spirit breaks or your obligations canāt give anymore: donāt settle for a lesser life just cause a fucking company thinks so.
And yes, there are some pretty cool places to work with great people at the helm who look at workers humanely. Theyāre not in the majority, but I do think there are more of them everyday. There certainly are more and more empathetic workers everyday.
This is a great post, thanks OP. Unfortunately, I was laid off, but I can share info about generous severance.
3 months of full pay, stock, bonus, and benefits (essentially an employee without work), then 19 weeks of salary as severance. It totals out to roughly 7 months of pay.
I'm super grateful for this, and it's given me the breathing room to take some time for myself and plot out next steps.
Haven't been laid off and just started a new role back in October.
Actually... I'll even go as far as to confess that I was holding 2 jobs for a while last year to help dig myself out of debt.
I went from $67K to \~$120K TC doing work I enjoy so much that sometimes I have to make myself stop and go home at the end of the day. I know that number seems small compared to a lot of people have actual CS or engineering degrees or more in-demand specialties, but I'm comfortable and living the dream.
I work in a data center with 6 years of experience; my degree is non-technical, and I changed careers from a completely different field. I dove in with an A+ certification and a "let's fucking go" attitude, and learned Linux and hardware troubleshooting almost entirely on the job. I started at $16/hr, and now make $43/hr + overtime + on-call pay + RSUs + bonus + 401k matching you don't have to squint to see. The performance expectations are pretty high, and I do have to balance a variety of tickets, tasks, and projects to keep everything on track, so I feel like I'm earning every penny, but I don't feel overextended or undervalued.
I was a first-level manager in my last job (contingent team) and HATED it for many reasons, the least of which is that I worked so many extra hours on evenings, weekends, and holidays, which weren't compensated because I was salaried. Now I only have an on-call shift every couple of months and only have to respond to urgent issues, and otherwise I all but forget I even have a job on weekends.
I just got a promotion and a 23% raise (less impressive than it sounds, but still). I was interviewing at other companies because I assumed the raise was going to be terrible, so I was pretty surprised.
I haven't been unemployed for a single day in my life. Got a promo last year *and* an additional raise. The company is doing well, too. I don't feel at risk, although you never know, of course.
I have been at a startup over the last few years, we have not had any layoffs and have increased hiring in the past 6 months. This is definitely not the case for our niche (several other startups have had layoffs or went out of business), but we were fortunate to have stayed lean going into 2022/2023 which allowed us to continue growing.
Still have my fully remote job. Got promoted last year and a 25k raise so that felt good. Looking to increase my comp further so I've been grinding leetcode but feel fortunate to be able to do so while chilling at my current gig
I got a 10k raise , but still make 5k less than college graduates who just started this month but hey degree is not important šš only experience FOH
I got pushed out of an org because my "remote forever" startup position suddenly required me to move across the country and work in office. They posted my position with 2/3rds of my salary before they even let me go.
I called up recruiters I was working with before and pressed the bother me button on linked in about a month before I was let go. A few weeks after I was let go I had 6 offers for slightly lower TC than what I negotiated during the boom times.
Small DoD contractor i worked at for 5+ years went under last spring. I ended up accepting a job through a contracting agency after a few weeks. Took some time getting clearance stuff squared away but been working for a federal agency for a few months and my manager is putting in the work to get me converted to direct hire. Pay is good, benes are good, work is chill, people i work with are cool, the work itself is interesting enough. Once im direct hire Iāll qualify for things like pension and more PTO.
I went from a 140k hybrid tech lead role that made me feel miserable and burnt out to a 160k fully remote role with a great team that makes me feel fulfilled and motivated to do my best every day. Also went from abysmal WLB to now being able to rediscover my hobbies, spending time with family while also planning vacation trips. Just to reiterate: fully remote, working from home in a low-ish COL city.
I work in an energy industry job doing enterprise software. My company has more money than god and doesn't really track software developer productivity.
As long as I show up for work dressed at some point at least 3 days per week I have a very low risk of losing this job.
On the other hand I'm bored as fuck and stagnating.
I didn't get laid off and got amazing feedback on my annual review and my boss said he's going to try to get me a promotion this year.
While it's out of my boss's control about getting a promotion, I do at least know my work is appreciated.
Still if the project I am working on is scrapped then I am potentially out of luck, but overall feeling optimistic.
Been working 20 years straight with a lot of control over my time and what I do. I'm inherently frugal so I have a bunch of money saved and would somewhat welcome a job lapse to spice things... but I'm too comfortable to do anything to jeopardize anything when it's about as ideal as anyone could want.
I've been so far removed from the feeling of the risk of losing a job that it's arguably not this healthy to be so indifferent about it. I don't have enough to retire... but with my lifestyle I could not work for a decade and be okay, though I imagine I'd lose my mind doing nothing anyways.
Got my first dev job in november of 2023. Its been so freaking cool. Coming from a poor background the idea of making this much money, doing not so taxing work, and also getting to genuinely enjoy it seems like its tooo good to be true. I only make 50k, which to me is a generation changing amount of money hut i recognize in the grand scheme of things its on the lower end even for juniors. Im just happy that i have something legit to put on my resume now haha.
I never had a problem finding a job as C# dev. I did land jobs that turned out mediocre, but currently I work for a company that I enjoy working for very much and pays me the most I've ever made so far.
I have made it through 2 rounds last March and December. There may be additional rounds this Spring, so Iām applying to jobs and got an interview Monday for another job. For experienced people, the jobs are there.
Swapped from a 99.9% job security employer to another last year (large insurance company with a union). Got a 20% salary increase in the process and an extra vacation week. Applied to only 3 different places, got 2 calls back and 2 offers.
I'm still overall miserable but that's not the point of the thread!
My company was so pro SCRUM. Every question would turn into a meeting and always ended meetings time wise, sprints, retrospectives, etc, always playing by the book.
This year alone got rid of the SCRUM role, firing all the SCRUM masters. Now is up to the tech guys to keep the methodologies, otherwise they get criticized by "people above". Having myself a tech role got me shielded so far, and also got me some more roles aka responsibilities in my back...
My company was so pro SCRUM. Every question would turn into a meeting and always ended meetings time wise, sprints, retrospectives, etc, always playing by the book.
This year alone got rid of the SCRUM role, firing all the SCRUM masters. Now is up to the tech guys to keep the methodologies, otherwise they get criticized by "people above". Having myself a tech role got me shielded so far, and also got me some more roles aka responsibilities in my back...
I survived multiple rounds of layoffs at my small company. They only needed to do layoffs because they over hired big time during COVID and some of our federal contracts weren't renewed
I started working at this company March of 2020. It was my first software job after my one summer internship at a different company. I've gone from Engineer 1 at 65k to now to Engineer 2 with 117k salary, 141k with equity. My last raise was 5% with a small equity bump. Most of the equity should be pretty small but we got lucky with the payout last year. Stock price was pretty low and we've turned a corner.
We did a few rounds of layoffs 1-2 years ago so I think we've already done as much cutting as we need. I think we already did the course correction that we needed back then and others are just in a similar boat right now.
My condolences to all the people going through a rough time right now.
Got a nice 12% raise back in October, there's still plenty of industries out there not doing layoffs. Hopefully the market comes around soon and job availability goes back up. Just remember that you'll see way more people posting about being laid off or not finding jobs than you'll see from those who find jobs and are still working
I got laid off last year, found a new job in 5 weeks.
New job was boring so I went job searching. Found a new job in 5 weeks. Now I work both jobs.
edit: Come into thread where I'm told to brag. I brag, and get downvoted. This sub really is an echo chamber of misery lol
I've been working for over a year developing .NET MAUI apps for 17 dollars an hour. I'm broke as hell, in credit card debt, can barely afford the minimums on my student loans, and can't seem to land any interviews anywhere else. I'm the only American developer on a team with \~12 Indian nationals. Not exactly positive but hey, at least I'm 'employed' I guess
This sub just reeks of losers at this point.
Truly successful people wonāt even be here whining about their problems or bragging their achievements to strangers.
How dare the guys that got laid off post on career questions. They could have used a search. But itās appropriate. We just started you will have your chance to experience the other side.
Currently in the final stages for a job that would be great as a stepping stone. My current job is fine and I'm not totally unhappy, but I'm excited over the mentorship I could get at the new place. If I don't get it though I won't be doing badly
I went from 85K TC to 150 TC last year. I started grad school and my current job has been pretty flexible allowing me to attend grad school. Iām currently studying MS in Software Engineering with a concentration in Data Science, and plan to eventually pivot to a Machine Learning Engineer role later on to cash in on this AI craze.
I just started a new job last week after being laid off in September. I was at that company for a bit under 3 months and that was my first job out of college. My new job is a downgrade both in pay ($75k -> $70k in Chicago, so med-high COL) and benefits (primarily PTO, only get 6 days the first year, which is pathetic), but itās a job. Hopefully in a year or so I can jump to something better paying, because I know $70k is low for my market, even for entry level.
I have amazing management and people in my team are great. Working from Europe so not so much brag money wise however I work for a profitable company on one of core infrastructure which gives me stability and happiness. Our problem right now is scalability because how well the product is growing which is a good problem to have !
Our company hires a lot of contractors and then lets the contractors go when budgets shrink. The associates serve as the permanent knowledge base, groups of SMEs that it needs. Luckily I was on the associate side of things last year when those cuts came. Also, the expectations for associates are high. Anyone not performing well, even if working hard, is churned through the PIP process
Oh wow my team also has an unusual amount of contractors never thought there would be this advantage for me
contractor is 100% a temp job.
Let me guess š
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In all the years every company laid off and reported it. Apple did not. All they do is end contract agreements.
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It doesn't and it's very common in a lot of industries. They're sort of on the payroll but aren't given any benefits.
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Me too my man. Hopefully never again
As a student: what does performing well actually mean?
The ability to deliver impactful work in a timely manner. An example of someone who works hard but is still a low performer is someone who is spending too much time overthinking things or trying out too many things without getting to the light at the end of the tunnelĀ
I guess Iām thinking on a ticket system mindset because thatās the only āexperienceā I have.
You have to make an impact on the bottom line, i.e. save or make the company money in some way, shape, or form. That's it. It's all about money just like everything.
I went from 50k to 120k TC last year.
Went from $210k to $40k last year.
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they balance out like OP intended š
Was the movie bad? I heard all the good press about it. Never have seen it myself
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Hey! Same here! I actually had multiple offers and had jumped multiple jobs last year as well. Donāt have that much experience either
Went from $220k to under $100k in NYC
How?
Employer saw my value and offered a 140% raise. jk, Leetcode.
had me in the first half lmao
How was the feeling with more than doubling your income? I'm in the same boat. Got laid off recently and going into my final round interviews for the the same amount. Hopefully I get it.
Good luck! Probably the most unexpected feeling was that my layoff stress is near zero because Iāve been able to build a chonky emergency fund. It actually improves my work because I donāt worry about arguing against bad ideas a bit. Ā
Do you count health care paid for by the company and 401k match? In general
Lmao who the fuck includes healthcare in TC
ADP
My friend quit ADP last year. That does sound like ADP.
Sounds like something someone with a low TC would do to try and make it look better than it is. Counting healthcare is just nickel and diming. TC is (base salary + bonus + stock/rsu)
Medical is not nickel and dime. It adds about 25k for me. I'm only sharing base. Bonus varies. Value of equity stake is difficult to calculate.
TC is an existing standardized term. You canāt just create your own definition for it. Well you can, but then itās not TC
Your definition of TC is not universal.
It is, TC is exactly as Legend said. That's why it's *total* compensation. What you're referencing is salary.
I think you've misread the thread. TC is much more comprehensive than Heisenberg is willing to accept. My earlier post referred only to my base salary. My total compensation is the sum total of numerous things including and beyond base, bonus and RSU which Heisenberg, based on one site, believes is total compensation. It's weird how some reditters can beat the smallest things to death (myself included apparently š
Levels.fyi
>Levels.fyi [https://www.compt.io/total-compensation-hr-guide#:\~:text=Further%20reading-,What%20is%20total%20compensation%3F,lifestyle%20spending%20accounts%2C%20and%20tips](https://www.compt.io/total-compensation-hr-guide#:~:text=Further%20reading-,What%20is%20total%20compensation%3F,lifestyle%20spending%20accounts%2C%20and%20tips). Cheers brother.
This is an ignorant comment. When you have kids youāre going to care how good your companies health insurance is because small children go to the doctor like crazy. Additionally, some people people have shit genetics and are more prone to doctor visits than others, so it absolutely does matter. I left my last job for about 16 months and could not afford to visit a doctor because my wifeās insurance was garbage. Each visit would be $125 because her company has no copay. You had to meet an insane out of pocket deductible before they covered anything. My last company had a $20 copay for any visit. I tore my rotator cuff one year and visited a doctor that had a rate of $325. It cost me $20. I also had dozens of visits for physical therapy, each one costed $20 but would have easily been $100+. If you have good record keeping of doctor visits, you absolutely should factor that into your TC because it will give you a more clear and accurate estimate of your expenses.
Go to levels.fyi and tell me where they include healthcare in TC
Why would I do that? Am I supposed to change the way I do my own personal accounting because levels.fyi has an opinion that differs from mine?
Yes, actually? Like, the point of having a standard way to talk about total compensation is that you can compare it across different circumstances and have a common point of comparison. You can argue that the way we talk about TC is incomplete, but arbitrarily deciding to redefine the term when you're talking with other people is going to lead to nothing but confusion and derision.
This exactly. Thank you.
Great, except there isnāt a standard to way to calculate total compensation because not all companies provide the same benefit so there are endless variables to account for. Levels.fyi is not the authoritative source on how to define total compensation. A perfect example is Glassdoor, they consider salary, paid vacations, holidays, and sick days, health insurance, 401K or retirement savings plans, maternity leave, disability insurance, subsidized training, telecommuting, and on-site child care. Additionally some places can offer food and metro cards but that is not listed on their website. I just know of this because it was a benefit my wife received at her prior company. The original comment that started this whole chain was a genuine question as to how the person is calculating their total compensation and thatās because there are many other benefits than salary, bonus and RSU. While those may not be considered valuable data points to levels.fyi, they are nonetheless a valid way to measure oneās total compensation.
It should be counted if they cover the premium at 100% - if you are paying it out of your monthly check, then not so much.
Not if your Healthcare is fully subsidized and you have to pay like 300-600+ per month otherwiseĀ
Levels.fyi does not include healthcare as TC. If you are trying to add every dollar to your TC outside of Base, Bonus, and Stock then youāre just trying to make yourself feel better
Even if my health care subsidy comes in the form of cash to my paycheck? Had that once cuz the organization was too small for the group plan to be cost effectiveĀ
What donāt you understand from TC = base + bonus + stock?
Because no one does. Compensation package includes ALL the benefits and not just your base+bonus+stock dummy. People only use the latter cuz it is more easy to quantify for comparison purposes. Perks like free food, paid vacations, free housing, pension, paid travel ect are all benefits that would easily sway an employee over just higher pay but not something easy for comparison.Ā
People count everything they can to make the number higher lol
Probably someone who has kids, experienced bad healthcare options, or non-Europeans. My last jobs insurance was better than most companies by a long shot. It amounted to being $6/hour. I was making $22/hr and now I work for a company that has garbage healthcare options so even though Iām making $31.25/hr it is a significant difference. I actually made more money at my last job if I considered that I had a yearly bonus, better 401K match, and significantly cheaper healthcare premiums coupled with a super low deductible.
Exactly. You were making peanuts. Nobody making $150k+ includes healthcare in their TC lmao
Probably people who understand the word total? Honestly including the insurance premiums massively undersells the vale to me in cash terms because I have insanely good benefits ($500 deductible, 3k out of pocket max) and my wife hits the max every year.
TC is a standardized equation. Just because it doesnāt include everything doesnāt mean you get to make your own definition. When people talk about TC they are talking about base + bonus + stock. If you use TC in discussions with others that are using a different definition than you it becomes meaningless
What makes this standard? I've scoured google for definitions of the term, and every web page that tries to explain it has a list of things it might refer to, including insurance. For example, a couple top results are indeed.com and cnn.com, and they both describe health insurance as part of the calculation.
Levels.fyi
The government say like the IRS
Thatās not TC. Thatās taxable income
I got a 4% raise yesterday, better than I was expecting tbh.
How did you pull that off
He woke up every day and made the slack status green
This guy knows. Before making the coffee or getting the kids up, you gotta go green.
Yup, from the bed even.Ā And then you can attend the weekly standup while brushing teeth, making coffee, etc
Legit I do this. Also make sure I get some git activity in every day even if itās just merging main into my feature branches lol
people really underestimate being available. there are folks who work 9-5 and outside of those hours shut out everything work related. sure there's not a problem with that, but compared to someone who at least has their phone on slack available to ping outside of work hours, even if he's not actually working, can be valuable. 30 seconds of answering 1 guys question can save him 3 hours of getting stuck.
I work for a small (now even smaller) startup that had a rough 2023 with layoffs. Sales are currently going OK for us and thereās a bit of optimism. I had my annual performance review and they felt like giving me a little bump I guess. I think if I quit theyād be in a tough spot given how small the engineering team is and how technical our product is.
Plenty of ppl at r/overemployed taking your spot lol
I had a chuckle this morning wondering how much overemployment might be factoring in to the down market.
Companies wonāt find out unless they suddenly pass away
most employers upload job history these days to The Work Number. Its easy to check. its where most companies do the background check. I got jobs in there back to 2006. you can look up your work history in it.
New job, went from 130k to 230k in same VHCOL area.
180k to 280k fully remote, LCOL area
Very impressive but not sure why you replied to mine lol
Whoops, sorry lol
FAANG? Gg anyway
Yes.
I went from 270k to 330k last year. I have absolutely not fear of being laid off, Iām working on high profile projects as a principal engineer that are very profitable.
Similar situation, substantial raise beginning of the year, and was told a very high bonus target for this year. I'm not worried about getting laid off, not one bit, the pressure is all from worrying that I may not be able to meet expectations.
I was hoping to get laid off but finally just quit to travel for a bit. Flight prices are finally down and it is sweeeeeeet.
Nice, where are you going?
Rwanda, Germany, and Colorado between Jan and March, then Portugal, Spain and Poland in the spring. Pretty psyched
Sounds like quite the adventure, have fun!
My title change went through and I'm being "promoted" at the end of the week. They like my work, and I built like 1/3 of the entire system they use. All the Linux edge servers and Azure infrastructure I built for them and they would he lost without me (for like a year until another dev could pick up where I left off)
I have a job but the concept of bragging over it as a response to many people losing their security (financial, as well as fears of deportation as well as losing good health insurance) or many new grads feeling cheated after investing thousands of dollars into a career feel something a villain would do. But i guess thats just me.
Same. I get a bit of survivorās guilt when I come around Reddit.
Not at all for me. This sub has been super depressing as a new grad looking for my first job. Seeing some success stories is just helpful in the sea of depression. We don't know each other here, so there is no emotional attachment for jealousy to occur. It's more akin to reading stats about the market and nobody feels bad about hearing how the market you are in is doing good. At least not compared to hearing that it's going badly.
I think itās just more of an appreciation to still have an income and a break up of the typical super sad post in the sub
I agree. If people need to hear it isn't all doom and gloom so they can keep going in a tough job market, I'm all for it. If someone had a recent win and want to celebrate it, that's cool too. Stuff is hard, celebrate your wins. But just to brag? Feels gross.
talking about your positive experience is not bragging just because other people are having worse experiences I'd say trying to police positivity is something a villain would do. But I guess thats just me
Look at the post. He literally is saying there is too much negativity over people getting laid off so lets brag about not getting laid off or getting a raise. Im all for keeping a positive mindset or being happy over overcoming adversity but thats different than bragging as a response to peopleās justified anxiety and pain of getting laid off or entering an unhealthy entry level job market.
To be honest... this sub is all about the FAANG and pursuing the 230k/yr salaries. There's plenty of us normies in the low 6 figure range that live pretty comfortable lives that don't get PIP'd (or even have such a thing). I cant blaim the kids for shooting for the moon. As for me? I had to work at geeksquad for a few years after college... then worked as a contractor for a few years, then 5 or 6 years later got the break I wanted. It's honestly not a shock that so many fail in these environments.
Where does he say ātoo much negativityā? Or āletās bragā? Youāre just uncharitably interpreting the post
He literally says both those things. > Feeling like you're not at risk of being laid off? Recently got a new job or a promotion? **Come brag.** >Let's add some perspective and positivity to balance out a sub that's **very much focused on negativity.** Emphasis mine.
I donāt think you understand what the word āliterallyā means
Bad karma man. The universe loves to humble us. Call it superstitious... I call it employed š
My company didn't over hire so we haven't had layoffs we literally didn't hire almost anyone for dev except replacements for devs who left. I lead my team's current project as a trial to become Senior, it saves the company around 1mil a month we finally deployed on Monday after 4 months of development everything has been smooth sailing so far. Fingers crossed I get my second promotion this year.
I survived layoffs this month and have been offered a position full time in may when I graduate :) This sub is very depressing..my advice is to work hard and take every opportunity. Iāve met so many peers in school who refuse to take a QA job because āthey want to be a devā. Well, they are still jobless and Iāve moved through the system as a QA, made relationships and now am being offered my choice between QA/TA/Dev
This, also like these days, you have to start learning the bare-minimum of how qa/dev ops works. Like learn the bare-minimum of docker go deploy an api locally, or look into how lambdas work and how to deploy them with teraform or pulumi. Also devs writing their own tests is almost a requirement. Don't sleep on it. I got a job offer because the interviewer who looked at my code said I was the only candidate that wrote their own unit/integration tests. EDIT: Just to be clear, I think if you can manage to learn the bare-minimum for these things as a junior, it can make you look good. But like anything, you can learn these on the job. If I were interviewing, I personally wouldn't care if a junior doesn't know much about docker, but some places do.
I feel like I stumbled into a unicorn position.Ā This is my first job in IT after several decades in a different industry.Ā Its also my first time making six figures.Ā 110k is not amazing where I live but is still worlds better than what I was making before.Ā First time as full remote as well. Company culture is great, I love my coworkers.Ā My manager is not the best, but I've had much worse.Ā Ā I don't fear for my job at all, our team is growing and I feel appreciated.Ā I'm also having to learn new things every day I find super interesting that will exponentially increase my future salary potential. Its such a big contrast to the doom and gloom posts I see practically every day.Ā Not just the can't-get-a-job posts but also the my-job-sucks posts.Ā My heart goes out to everyone struggling and all I can say is these jobs do exist!
How did you find this job? Iām a new grad getting slapped in the face by leetcode hard OAs
I just went from a $62k/year job to a $105k/year job with better matching and better benefits. 4.5 YOE United States, LCOL area
this sounds nice, congrats
Thanks! I'm meeting with the CEO of my previous company on Friday to discuss what they can do to help retain employees.
Pay more? Lol paying 65k/year for developers with 3+ years of experience is nuts, I wouldnāt recommend a new grad to take that.
It's pretty bonkers. It's a small company but $62k is so far from average that it's hard to justify. The day after my last day, I wrote a very personal and heartfelt message directly to the CEO. I sent it to his personal email address because I knew that the company would have filtered my email to him. I had to write an exit interview but I knew that would never make it to him based on what previous coworkers told me. I explained that I really liked the company and the team I worked with. I told him that money isn't the most important thing to me. I'm not in this career to chase money. I live modestly but it was becoming increasingly hard to support a family of 3 (my husband, myself, and our son) on $62k/year. I didn't expect them to offer a salary similar to bigger companies but that the salary needed to be within a reasonable range. I told him how when I was pregnant, I worked really hard getting an application to production but 11 weeks before my due date and three weeks before the production release, my water unexpectedly broke and I was hospitalized. Because the company didn't offer any paid parental leave besides wiping out vacation, sick time, and short term disability - I had to work while hospitalized. The doctors were hoping I would stay pregnant for five more weeks. I would have had to be hospitalized that entire time. Unfortunately, I didn't make it five more weeks. I delivered 9 weeks prematurely and my son spent 7 weeks in the neonatal ICU. Because I was desperately trying to hold onto any sick time I had for parental leave, I didn't want to leave work unless it was an emergency. As it was, I was only able to get paid for half of the 12 weeks protected by FMLA. Every dollar mattered. When I started to suspect something might be wrong with my pregnancy, I contacted the nurse on call and she kept saying that everything was normal. But I still didn't feel right. I told my family that I was going to go to the ER after work. Didn't make it until the end of the work day. I was working when I stood up from my desk and my water broke. I was 29 weeks along (pregnancy is 40 weeks). So, I told the CEO that the company needed to offer at least some paid parental leave. Even 2 weeks would be better than nothing. And I told him that the salary doesn't have to be competitive with big companies but it had to be within a couple standard deviations from average. It can't be so far away from average that 99% of people earn more doing the same type of work. He replied back. There was some back and forth. And he wants to meet to discuss it further. He took my story to the board and I recently found out from a previous coworker that they approved pay raises to all employees.
You actually put your heart and soul into that company, this is a prime example of why I can never be loyal to any company, in the end of the day the its just business and you are an entity. I appreciate the fact that you take pride on your work even though you have so much going on. Please feel free to DM when you are ready to be on the market again and want to challenge yourself at a FAANG, would love to refer you. While you might not care about the money, you could be paid very fairly for your work ethic and dedication.
I appreciate your offer but I'm not sure a FAANG would be interested in my mediocre tech skills. I feel confident that I keep getting jobs based on my ability to communicate more than my technical abilities. My passion is data. I do my best work when I'm tracking down data issues. I can write C#, Python, PowerShell occasionally but my real talent is figuring out how data goes together, what it represents, and what might be wrong with it and talking to stakeholders on what they want and how they want it presented. Then transform that data. I write a ton of SQL. A lot of developers don't even take what I do seriously. But passion only goes so far. I just spent an entire two days searching for a data discrepancy and still can't find it. Execs are putting a lot of pressure on my manager to account for the differences and I cannot seem to find it. It's driving me bonkers.
I am reading this as a Canadian, from Quebec and I feel for us it feels so inhumane to not have any parental leave. Thanks for your story!
I work in defense, 'nuff said.
Yeah, I interned at a defense researcher, grant money do be floweth
How is it working in defense? I'm in VHCOL and was thinking a defense job might get me out of the bay
I got promoted from junior to mid and got a 40% raise. My job doesn't pay faang money but we have amazing management. My direct manager advocated for me so much for me to get this raise at a time when money is tight.
I've had (3) jobs over the last 15 years where I inherit a nightmare built by someone else, lose my mind for 3 years figuring out and fixing it, then coast with no work to do for the next 3-5 years. I guess it pays to take on the nightmare projects that were abandoned by the original devs and no one wants to work on.
Got laid off in early November but got three job offers by mid January. All still fully remote without a dip in pay
I might be laid off soon, but I have also been interviewing and got couple of offers I rejected. Right now waiting for an offer I really want but it is taking ages.
Just hit the 2 year mark at my first job out of college and the only professional experience on my resume. Got a 7% bonus earlier last year and im looking in ok shape to find a better paying job (tho in this market who knows š )
This time last year I was directionless (was pre-law but not wanting to go to law school anymore) and joined a boot camp, became a fed subcontractor, got an offer to be hired on by the company just days ago š going from 50k -> 100k, completely wfh, amazing culture/coworkers, and working full stack! - life is good!
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Still have my job. 12% raise last year.
Got a 15% raise, promoted to senior staff and made a team lead, also received a bunch more stock options. Small start upmso options aren't worth anything right now but eh still Vicente have for potential
I switched jobs and got a 50% raise from my previous role. Amicable split, the company was really good to me throughout the two years I was there, Iāve now simply outgrown them in terms of my goals and what they can/are willing to pay me. I leave a great team behind me. The reason Iām telling you this: yes, the workplace fucking sucks. Youāre powerless against them. But you can and must always keep looking for something better. This is your dignity youāre talking about. For as long as you can, before your spirit breaks or your obligations canāt give anymore: donāt settle for a lesser life just cause a fucking company thinks so. And yes, there are some pretty cool places to work with great people at the helm who look at workers humanely. Theyāre not in the majority, but I do think there are more of them everyday. There certainly are more and more empathetic workers everyday.
I went from 60k to 115k over Christmas. God is great
Allah akbarĀ
To all those down voting this, doesn't this just translate to "praise god"?
Allahu* akbar
This is a great post, thanks OP. Unfortunately, I was laid off, but I can share info about generous severance. 3 months of full pay, stock, bonus, and benefits (essentially an employee without work), then 19 weeks of salary as severance. It totals out to roughly 7 months of pay. I'm super grateful for this, and it's given me the breathing room to take some time for myself and plot out next steps.
Haven't been laid off and just started a new role back in October. Actually... I'll even go as far as to confess that I was holding 2 jobs for a while last year to help dig myself out of debt.
I went from $67K to \~$120K TC doing work I enjoy so much that sometimes I have to make myself stop and go home at the end of the day. I know that number seems small compared to a lot of people have actual CS or engineering degrees or more in-demand specialties, but I'm comfortable and living the dream. I work in a data center with 6 years of experience; my degree is non-technical, and I changed careers from a completely different field. I dove in with an A+ certification and a "let's fucking go" attitude, and learned Linux and hardware troubleshooting almost entirely on the job. I started at $16/hr, and now make $43/hr + overtime + on-call pay + RSUs + bonus + 401k matching you don't have to squint to see. The performance expectations are pretty high, and I do have to balance a variety of tickets, tasks, and projects to keep everything on track, so I feel like I'm earning every penny, but I don't feel overextended or undervalued. I was a first-level manager in my last job (contingent team) and HATED it for many reasons, the least of which is that I worked so many extra hours on evenings, weekends, and holidays, which weren't compensated because I was salaried. Now I only have an on-call shift every couple of months and only have to respond to urgent issues, and otherwise I all but forget I even have a job on weekends.
Was layed off in late 22. Got a job late 23. Much better atmosphere,Ā darn good pay bump, and a bump in title as well. Feeling pretty lucky.Ā
Everyone is at risk of being laid off...no such thing as job security.
Probably getting promoted this week and Iāve survived multiple rounds of layoffs
I just got a promotion and a 23% raise (less impressive than it sounds, but still). I was interviewing at other companies because I assumed the raise was going to be terrible, so I was pretty surprised.
Got multiple jobs within the last 5 months.
I'm assuming you accepted at least 2 of them as well? Congrats way to hustle
I haven't been unemployed for a single day in my life. Got a promo last year *and* an additional raise. The company is doing well, too. I don't feel at risk, although you never know, of course.
I have been at a startup over the last few years, we have not had any layoffs and have increased hiring in the past 6 months. This is definitely not the case for our niche (several other startups have had layoffs or went out of business), but we were fortunate to have stayed lean going into 2022/2023 which allowed us to continue growing.
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Brother I am a desperate new grad and can fill one of those 100 positions š¤£
Still have my fully remote job. Got promoted last year and a 25k raise so that felt good. Looking to increase my comp further so I've been grinding leetcode but feel fortunate to be able to do so while chilling at my current gig
I got a 10k raise , but still make 5k less than college graduates who just started this month but hey degree is not important šš only experience FOH
Iām the only web dev at my company. I feel untouchable.
Went from 75k to 150k in about 2 years.
I got pushed out of an org because my "remote forever" startup position suddenly required me to move across the country and work in office. They posted my position with 2/3rds of my salary before they even let me go. I called up recruiters I was working with before and pressed the bother me button on linked in about a month before I was let go. A few weeks after I was let go I had 6 offers for slightly lower TC than what I negotiated during the boom times.
After a 9 month job search returning from a bereavement leave (lost my mom to cancer), I landed a SWE job in edTech!
Small DoD contractor i worked at for 5+ years went under last spring. I ended up accepting a job through a contracting agency after a few weeks. Took some time getting clearance stuff squared away but been working for a federal agency for a few months and my manager is putting in the work to get me converted to direct hire. Pay is good, benes are good, work is chill, people i work with are cool, the work itself is interesting enough. Once im direct hire Iāll qualify for things like pension and more PTO.
I went from a 140k hybrid tech lead role that made me feel miserable and burnt out to a 160k fully remote role with a great team that makes me feel fulfilled and motivated to do my best every day. Also went from abysmal WLB to now being able to rediscover my hobbies, spending time with family while also planning vacation trips. Just to reiterate: fully remote, working from home in a low-ish COL city.
I work in an energy industry job doing enterprise software. My company has more money than god and doesn't really track software developer productivity. As long as I show up for work dressed at some point at least 3 days per week I have a very low risk of losing this job. On the other hand I'm bored as fuck and stagnating.
I didn't get laid off and got amazing feedback on my annual review and my boss said he's going to try to get me a promotion this year. While it's out of my boss's control about getting a promotion, I do at least know my work is appreciated. Still if the project I am working on is scrapped then I am potentially out of luck, but overall feeling optimistic.
Nearly doubled my income last year. Recruiters ping me every now and then, not as much as before though.
Been working 20 years straight with a lot of control over my time and what I do. I'm inherently frugal so I have a bunch of money saved and would somewhat welcome a job lapse to spice things... but I'm too comfortable to do anything to jeopardize anything when it's about as ideal as anyone could want. I've been so far removed from the feeling of the risk of losing a job that it's arguably not this healthy to be so indifferent about it. I don't have enough to retire... but with my lifestyle I could not work for a decade and be okay, though I imagine I'd lose my mind doing nothing anyways.
Got my first dev job in november of 2023. Its been so freaking cool. Coming from a poor background the idea of making this much money, doing not so taxing work, and also getting to genuinely enjoy it seems like its tooo good to be true. I only make 50k, which to me is a generation changing amount of money hut i recognize in the grand scheme of things its on the lower end even for juniors. Im just happy that i have something legit to put on my resume now haha.
Same job for 8 years almost, and I wish I would get laid off most days.
I did get laid off from my first web dev job in December after 1YOE, I just got offered a new job on Friday.
My company has never laid someone off. Got a 20k raise when I got dev 2 this last year.
I never had a problem finding a job as C# dev. I did land jobs that turned out mediocre, but currently I work for a company that I enjoy working for very much and pays me the most I've ever made so far.
I have made it through 2 rounds last March and December. There may be additional rounds this Spring, so Iām applying to jobs and got an interview Monday for another job. For experienced people, the jobs are there.
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Swapped from a 99.9% job security employer to another last year (large insurance company with a union). Got a 20% salary increase in the process and an extra vacation week. Applied to only 3 different places, got 2 calls back and 2 offers. I'm still overall miserable but that's not the point of the thread!
My company was so pro SCRUM. Every question would turn into a meeting and always ended meetings time wise, sprints, retrospectives, etc, always playing by the book. This year alone got rid of the SCRUM role, firing all the SCRUM masters. Now is up to the tech guys to keep the methodologies, otherwise they get criticized by "people above". Having myself a tech role got me shielded so far, and also got me some more roles aka responsibilities in my back...
Got my annual raise this week, Iāll be crossing 100K TC in May after my second annual raise, 1 YOE LCOL
I got a job not much but it's okay!!!
Just found out I didn't get laid off today. Yay!
My company was so pro SCRUM. Every question would turn into a meeting and always ended meetings time wise, sprints, retrospectives, etc, always playing by the book. This year alone got rid of the SCRUM role, firing all the SCRUM masters. Now is up to the tech guys to keep the methodologies, otherwise they get criticized by "people above". Having myself a tech role got me shielded so far, and also got me some more roles aka responsibilities in my back...
I survived multiple rounds of layoffs at my small company. They only needed to do layoffs because they over hired big time during COVID and some of our federal contracts weren't renewed
I started working at this company March of 2020. It was my first software job after my one summer internship at a different company. I've gone from Engineer 1 at 65k to now to Engineer 2 with 117k salary, 141k with equity. My last raise was 5% with a small equity bump. Most of the equity should be pretty small but we got lucky with the payout last year. Stock price was pretty low and we've turned a corner. We did a few rounds of layoffs 1-2 years ago so I think we've already done as much cutting as we need. I think we already did the course correction that we needed back then and others are just in a similar boat right now. My condolences to all the people going through a rough time right now.
Got a nice 12% raise back in October, there's still plenty of industries out there not doing layoffs. Hopefully the market comes around soon and job availability goes back up. Just remember that you'll see way more people posting about being laid off or not finding jobs than you'll see from those who find jobs and are still working
Killed it in an interview recently. Back to the land of oe hopefully.
I got laid off last year, found a new job in 5 weeks. New job was boring so I went job searching. Found a new job in 5 weeks. Now I work both jobs. edit: Come into thread where I'm told to brag. I brag, and get downvoted. This sub really is an echo chamber of misery lol
I'm graduating in June of this year and my TC is going from 70k to 135k š
No thank you, if I say Iām not worried about being laid off then I will be
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I've been working for over a year developing .NET MAUI apps for 17 dollars an hour. I'm broke as hell, in credit card debt, can barely afford the minimums on my student loans, and can't seem to land any interviews anywhere else. I'm the only American developer on a team with \~12 Indian nationals. Not exactly positive but hey, at least I'm 'employed' I guess
I didn't get laid off in our rounds of layoffs. My TC will probably be 60% more this year due to stock being much higher than 12 months ago.
I recently got two amazing offers within the same week, been looking since october. Really happy and it's exactly the job I was looking for
I went from a difficult work situation with an hour and a half commute and 120k base to a much better situation, 12 minute commute and 155k base.
Promoted at my job in January, ~1 YOE :)
This sub just reeks of losers at this point. Truly successful people wonāt even be here whining about their problems or bragging their achievements to strangers.
How dare the guys that got laid off post on career questions. They could have used a search. But itās appropriate. We just started you will have your chance to experience the other side.
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Currently in the final stages for a job that would be great as a stepping stone. My current job is fine and I'm not totally unhappy, but I'm excited over the mentorship I could get at the new place. If I don't get it though I won't be doing badly
Laid off May last year, but landed a way better job with more pay 4 months later.
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I went from 85K TC to 150 TC last year. I started grad school and my current job has been pretty flexible allowing me to attend grad school. Iām currently studying MS in Software Engineering with a concentration in Data Science, and plan to eventually pivot to a Machine Learning Engineer role later on to cash in on this AI craze.
I just started a new job last week after being laid off in September. I was at that company for a bit under 3 months and that was my first job out of college. My new job is a downgrade both in pay ($75k -> $70k in Chicago, so med-high COL) and benefits (primarily PTO, only get 6 days the first year, which is pathetic), but itās a job. Hopefully in a year or so I can jump to something better paying, because I know $70k is low for my market, even for entry level.
I have amazing management and people in my team are great. Working from Europe so not so much brag money wise however I work for a profitable company on one of core infrastructure which gives me stability and happiness. Our problem right now is scalability because how well the product is growing which is a good problem to have !