this post was submitted on 27 Dec 2023
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[–] [email protected] 28 points 1 year ago (1 children)

Sad, but true. First 7 years of my software career were split between two companies and despite 3 promotions and exceeding expectations in reviews regularly, salary growth was between 2-5% YoY.

Most recent 5 years of my career I've changed jobs every 6ish months and am now averaging about 40% YoY salary growth.

[–] [email protected] 34 points 1 year ago* (last edited 1 year ago) (3 children)

Insane that a company will pay you a 20% premium to hire someone that they'll spend 6-months training just to watch said person fly off to another firm.

Contracting is even worse. Bring someone on to do menial piecework at 2x-5x the median company salary, then kick them out so you can bring on another person who has no idea how your company operates to do the same entry-level jobs. All so you don't have to tell investors how many people are actually on your payroll.

No wonder the business failure rate is so fucking high.

[–] [email protected] 7 points 1 year ago

It's an absolute cluster. It's also led to me just not caring about the job or company anymore (not like I should).

I love supporting the team and my immediate coworkers, but I'm not there to make friends. For all we know our entire project gets canned one day anyway.

It's a sad state of affairs to basically take advantage of this situation, but like...company loyalty doesn't pay my bills.

[–] sukhmel 3 points 1 year ago

There are also a second ~~hand~~ caste of contractors, it's the ones that work as ordinary employees but employed by another company so that they don't get benefits