I've recently received a few messages asking for an update in regards to a response to a post that I made a handful of years ago, found here:
TL;DR - I've advanced my career quite quickly by working hard, being good at what I do, volunteering for special projects and moving companies every 2-4 years. While your results may vary, my personal experience is that much like free agency in sports, outside hires get paid more than sticking it out at the same place for years on end. It does not pay to stay!
Most of the inquiries from people have been of a similar nature - "Hey, are you still jumping around to different companies?" "Have you settled into a more permanent employment stay?" "Have you found a career home yet?"
And the answer to those questions is a resounding "NO!". I have made yet another move with resulted in another good salary jump, so the process continues! These days I am at a Director level with 4 direct reports on my team. I also work 100% from home these days. And I recently got married to the girlfriend I mentioned in the original post.
So the main story is the same - get out there in the job marketplace and see what you're worth! In 14 years since graduating college, I've quintupled my salary and held 5 different positions.
Date | Age | Position | Salary | Raise | Description |
---|---|---|---|---|---|
Aug04 | 22 | Company 1, entry level | $32,000 | Starting salary, first job out of college | |
Mar05 | 22 | Company 1, entry level | $33,000 | 3% | Yearly raise |
Mar06 | 23 | Company 1, mid level | $45,000 | 36% | Promotion & salaries adjusted to be in-line with parent company |
Mar07 | 24 | Company 1, mid level | $47,000 | 4% | Yearly raise |
Mar08 | 25 | Company 1, senior level | $52,000 | 11% | Promotion |
Oct08 | 26 | Company 1, senior level | $56,000 | 8% | Off-cycle raise (initiated by me) |
Jan09 | 26 | Company 2, senior level | $68,000 | 21% | Moved to another company |
Mar10 | 27 | Company 2, senior level | $71,000 | 4% | Yearly raise |
Nov10 | 28 | Company 2, team lead | $82,000 | 15% | Promotion |
Apr12 | 30 | Company 3, senior level | $100,000 | 22% | Moved to another company |
Oct13 | 31 | Company 3, senior level | $105,000 | 5% | Yearly raise |
May14 | 31 | Company 4, specialist | $125,000 | 19% | Moved to another company |
Apr15 | 32 | Company 4, specialist | $130,000 | 4% | Yearly raise |
Apr16 | 33 | Company 4, specialist | $134,000 | 3% | Yearly raise |
Oct17 | 35 | Company 5, Director | $160,000 | 19% | Moved to another company |
Submitted January 20, 2019 at 12:32PM by Hyss http://bit.ly/2DnVhmL