Alex Nguyen. (LinkedIn Photo) People tell me I don't have company loyalty. But then I ask which companies have employee loyalty. Those two lines are part
‘I’m proud of being a job hopper’: Seattle engineer’s post about company loyalty goes viral::undefined
He also noted higher pay and easier promotions. “I had a 20% pay bump moving from Amazon to Microsoft for the same role and job responsibilities,” Nguyen wrote.
Industries promote this, especially the publicly traded ones, whether they realize it or not (I’m sure they do). It looks worse on a corporate balance sheet and subsequent earnings quarterly earnings report to pay someone 20% more than to hire someone at a new pay scale. It’s absolutely insane that we’ve gotten ourselves to this point as a society, but here we are.
I don’t understand how it works out for them though. Hiring is so much more expensive than retaining staff, not just the higher salary, but the loss of productivity from losing someone with institutional knowledge and needing to train the new person which can take a really long time to get them up to speed.
When I moved to Silicon Valley the HR guy at my company was an old hippie who looked out for people. He told me the silicon valley way to get a raises is to tell your company that you have decided to take another job because it pays more, and you don’t want to leave, but you have personal obligations like your girlfriend being pregnant that mean you have to take a higher paying job. Then if they don’t give you a raise you find a new job that will.
And when you take the raise they’ll give you all the shit work until they find a replacement for you. If you legit have an offer from a different company take it.
If you legit have an offer from a different company take it.
No way. You might walk through the door at the other company, realise it’s a horrible place to work, and hand in your resignation at lunch time.
Take the pay rise. If they fire you a month later, you’ll at least get a big severance package to cover your living expenses while you look for a new job. If you quit, then quit again, you’re going to be delivering pizza’s or something while you look for a decent paying job.
You might walk through the door at the other company, realise it’s a horrible place to work, and hand in your resignation at lunch time.
Do you not have any references at the company? Because that is the only way this could really happen. Personally I don’t blindly apply to a company without having any inside references.
Once you strong arm your employer to giving you a raise you’ve painted a big target on your back and you’ve announced that you’re willing to walk over money. It spells insecurity to them and the next thing you’ll find is the door hitting you on the way out.
Industries promote this, especially the publicly traded ones, whether they realize it or not (I’m sure they do). It looks worse on a corporate balance sheet and subsequent earnings quarterly earnings report to pay someone 20% more than to hire someone at a new pay scale. It’s absolutely insane that we’ve gotten ourselves to this point as a society, but here we are.
I think it’s also very acceptable to have full time contractors on the payroll with no end date for the same reason.
why?
Classify it as non-recurring professional services and it’s an EBITDA addback.
I don’t understand how it works out for them though. Hiring is so much more expensive than retaining staff, not just the higher salary, but the loss of productivity from losing someone with institutional knowledge and needing to train the new person which can take a really long time to get them up to speed.
You see if you slice the cake enough times. There becomes more cake.
That’s called accounting.
When I moved to Silicon Valley the HR guy at my company was an old hippie who looked out for people. He told me the silicon valley way to get a raises is to tell your company that you have decided to take another job because it pays more, and you don’t want to leave, but you have personal obligations like your girlfriend being pregnant that mean you have to take a higher paying job. Then if they don’t give you a raise you find a new job that will.
And when you take the raise they’ll give you all the shit work until they find a replacement for you. If you legit have an offer from a different company take it.
No way. You might walk through the door at the other company, realise it’s a horrible place to work, and hand in your resignation at lunch time.
Take the pay rise. If they fire you a month later, you’ll at least get a big severance package to cover your living expenses while you look for a new job. If you quit, then quit again, you’re going to be delivering pizza’s or something while you look for a decent paying job.
Do you not have any references at the company? Because that is the only way this could really happen. Personally I don’t blindly apply to a company without having any inside references.
Once you strong arm your employer to giving you a raise you’ve painted a big target on your back and you’ve announced that you’re willing to walk over money. It spells insecurity to them and the next thing you’ll find is the door hitting you on the way out.
it’s consdierably easier to find a job when you have a job.
Don’t knock delivering pizzas.