this post was submitted on 05 Jun 2024
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Work Reform

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[–] dkc@lemmy.world 175 points 5 months ago (1 children)

I made the mistake of becoming a manager about 4 years ago. This is one of the most frustrating parts of the job. If you have a good relationship with your team they’ll usually tell you something like “I’ve been getting contacted about other offers, here’s what they’re offering.”

It’s usually about a 20% bump. I’ve not once been able to convince the company I’m at to match it. Usually the best I’m allowed to do is something like a 5-6% raise in the next salary increase cycle.

I’ll usually know for 2-3 months a team member is leaving before it actually happens because of this. Of course, if I’m allowed to hire a replacement they’ll let me pay market value.

Job hopping is definitely the best way to get a pay increase.

[–] A_Random_Idiot@lemmy.world 136 points 5 months ago* (last edited 5 months ago) (12 children)

I just dont understand that logic

"Oh god, this guy wants a raise? Fuck him, he wont get anything.. but when he quits, hire his replacement at what he was asking for, or higher"

and they wonder why loyalty isnt a thing anymore

[–] HeyJoe@lemmy.world 76 points 5 months ago (2 children)

And even if that guy they hire is really good, there is still a large period of time where that person has to learn the ropes and is most likely less useful than the person who already knew the ins and outs. Also, most of the time, they are never as good...

[–] henfredemars@infosec.pub 27 points 5 months ago (1 children)

Penny wise and pound foolish. They can’t resist the opportunity to exploit, even if it costs the company in the long run.

[–] njm1314@lemmy.world 15 points 5 months ago (6 children)

Everyday the idea of an AI CEO sounds less like a joke and more like a great fucking idea.

[–] logi@lemmy.world 11 points 5 months ago

At this point it would be most likely to be an LLM which just emulates what it has seen CEOs do in its training data and would do the same sort of thing.

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[–] bolexforsoup@lemmy.blahaj.zone 23 points 5 months ago (2 children)

We cope by saying they hire a replacement who asked for more. The reality is they generally don’t. They either offload the work to the rest of the dept and go “oh look at that we didn’t need them!” as the group drowns OR they find a wide eyed, younger professional who will take a crap - or at least lower - salary.

This varies from industry to industry but it’s very common.

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[–] NaibofTabr@infosec.pub 15 points 5 months ago (1 children)

Loyalty is a two-way street.

[–] Dagwood222@lemm.ee 21 points 5 months ago (1 children)

Remember that Star Trek where they go to the evil mirror universe and the baddies come to the Enterprise? The bad versions get caught because it's hard for someone with no empathy to fake it.

[–] undergroundoverground@lemmy.world 16 points 5 months ago (2 children)

Classic trek.

The saddest part is that I really thought we had the potential to become the federation. It turns out, we were always just the farengi.

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[–] jjjalljs@ttrpg.network 9 points 5 months ago

They're probably hoping to not hire a replacement at all

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[–] hobovision@lemm.ee 100 points 5 months ago (4 children)

Clickbait.

Article is nearly 10 years old.

Article contains no studies or surveys showing this result.

The 50% figure is calculated by assuming a paltry annual raise and consistent large pay bumps by switching companies.

[–] maegul@lemmy.ml 15 points 5 months ago (18 children)

That being said, word is that in the tech industry at least, hiring budgets are clearly higher than promotion budgets and that moving every 2 years or so is clearly the best strategy for career advancement.

Just one industry, of course, but the pattern certainly seems to have settled in there, and it may not be a stretch to speculate it will spread to other industries perhaps under the shitty influence of AI.

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[–] scytale@lemm.ee 56 points 5 months ago (2 children)

Old article, but it’s certainly true in my industry. Having said that, I’m a bit conflicted with this at least for my own personal situation.

I’ve been with my current employer for a decade. I’m sure I can get a significant pay bump if I switch, but I’m in a comfortable position where I think the trade off is worth it. I earn enough to support myself and my wife on a single income. Work from home, unlimited PTO, and the job itself is not super stressful that I get good work/life balance. My manager and teammates are awesome. The company has great benefits and lots of perks.

I’m at a point in my life where I no longer want to be “challenged” with work. Meaning, I just want to clock in, do work, clock out. I don’t yearn for promotions, new challenges, and moving up. I just want to get paid for work I’m familiar with and good at, and focus my energy on my personal life. And my current job allows me to do that plus all the perks mentioned. So the question is, will I be willing to potentially sacrifice all the comfort I currently enjoy to get paid more? Sure, there’s a chance I could get a better paying job AND all the same perks, but that’s not a guarantee and I will never know until I’m working that new job. Also take into account all the effort required to learn everything on the new job and having to “perform” to impress as a new hire.

But who knows, it might come to a point where my current pay is no longer enough. Only time will tell.

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[–] Zachariah@lemmy.world 44 points 5 months ago (3 children)

This article is more than 9 years old.

[–] sabreW4K3@lazysoci.al 68 points 5 months ago (1 children)

And still nothing has changed

[–] JoMiran@lemmy.ml 51 points 5 months ago (2 children)

My wife and I skyrocketed in our careers. How? Between 1997 and 2008 we did exactly the opposite of what our parents recommended and kept hopping jobs. My longest stint at any one place was 18 months and hers was two years. When we realized that our skill sets were too expensive and rare to waste at a single project, we started our own consulting firm and continue to cycle through projects regularly.

Remember, whether you are self-employed or employed by someone else, you ultimately work for yourself. Act accordingly and guard your self-interests.

[–] stufkes@lemmy.world 12 points 5 months ago (5 children)

But it's also in one's self interest to have a stable relationship with colleagues, being used to an environment, not changing things drastically so frequently.

There is a big, non-monetary cost to job hopping. If life outside of work is not stable, than changing the one constant is suddenly not appealing, even if more money is the reward.

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[–] sabreW4K3@lazysoci.al 11 points 5 months ago

Great advice.

[–] cyborganism@lemmy.ca 9 points 5 months ago

It still applies today.

[–] herrcaptain@lemmy.ca 8 points 5 months ago

Yeah, I did a double-take when I got to the part about expected wage increases for 2014. I suspect it's much worse now, and was interested to see what Forbes was printing about that as at least these days they're notorious for posting stuff with an anti-labour focus. I can't imagine they'd post an article like this these days.

That said, I'm sure this article is more relevant than ever now and it's a damn travesty that this is what the labour market has come to since the 70s/80s.

I'm on the executive team for a small business that my family bought almost two years ago. Many of us had worked there for years beforehand and absolutely weren't paid what we were worth. As soon as we took over, we started to raise wages across the board (other than sales, who are our own little 1% due to the structure we inherited). Wages are still far from where we'd like them to be, but we're trying our best with the resources at hand while we navigate these first few years of ownership. Shit's not easy for a lot of small businesses and I get that many small business owners are outright taking advantage of their staff. We actively try not to (granted, in the Marxist sense we inherently are) but I realize that most of our staff deserve more than we can currently afford to pay them.

[–] juice702@lemmy.world 37 points 5 months ago (3 children)

I used to be one of the “loyal” ones but around covid time I decided to see where I could get by doing this. Since then, and three jobs later, my salary went from around 66k to now 105k. Current gig seems cool and a cake walk, so may stick around a bit.

[–] cyborganism@lemmy.ca 18 points 5 months ago (1 children)

Same! There was a shortage in IT for a little while and I took advantage of it and got a $30k increase! With same benefits and paid vacation.

Now even a 2% pay raise is significant on the salary I make. I feel like I'm finally being appreciated and paid what I'm really worth after a decade of struggling.

[–] 0110010001100010@lemmy.world 9 points 5 months ago

Yep, I jumped ship a year ago and got a $50k increase! I also get a yearly bonus up to 10% of my salary. Feels good man.

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[–] Dagwood222@lemm.ee 37 points 5 months ago

This sucks for the general public. You're always either going to be dealing with a] a disgruntled employee who knows he deserves a raise or b] an under trained new guy. You never get the one who knows the job really well.

[–] UnderpantsWeevil@lemmy.world 36 points 5 months ago (1 children)

Negotiating with your current boss is significantly more difficult than negotiating with a future prospective firm, because your future prospective firm doesn't have the power to fire you.

[–] Asafum@feddit.nl 33 points 5 months ago (6 children)

It's 10000x better in the blue collar world because right off the bat you're assumed to be as useless as a person can possibly be so you either do the futile argue for a raise (which never matches what you should get) or you take a huge pay cut when finding a new job...

I've been stuck in the same cycle for 15 years now... Get shitty raises for 5 years, get burned out and bail, take massive pay cut, prove my worth to get back to shitty wage I left for but am now burned out again, find a new job and take another massive pay cut etc etc... adjusted for inflation I make as much now as I did 10 years ago...

These articles are always about white collar work. :(

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[–] Kecessa@sh.itjust.works 32 points 5 months ago (1 children)

Unless you have a union job, then you're making the same thing as anyone else with the same experience as you and you've got benefits and probably job security 👍

[–] mesamunefire@lemmy.world 16 points 5 months ago (1 children)

Yeah I love being in a union. It's 👍

[–] Bbbbbbbbbbb@lemmy.world 11 points 5 months ago

Confirmed 👍 and Im not top rate yet

[–] pdxfed@lemmy.world 25 points 5 months ago (1 children)

Or, as my omniscient relatives and neighbors who have on countless occasions provided unsolicited commentary on my career would say, "a nice stable job, why don't you ever stay in one place?"

This has been well documented for at least a decade.

Meanwhile, employers feign concern over turnover but know it's a better bottom line and their bonus to let employees with standards leave than to do the right thing.

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[–] Boozilla@lemmy.world 19 points 5 months ago* (last edited 5 months ago) (1 children)

Article is old but I have often heard this anecdotally. I have known a number of people over the years who changed jobs every 1-2 years, because they said it's the only way to get ahead salary-wise. I suspect it's a lot harder to pull it off now, tough. There's a lot of fake job postings. Not to mention running the gauntlet of submitting your resume 300 times to get auto-rejected 299 times by some dumbass AI where a clueless HR person typed in the criteria prompt. "A young person with at least 30 years of experience who knows ALL the latest technology but will work for less than a landscaper per hour thanks bye".

P.S. I'm not shitting on landscapers. They do real work, unlike most office drones like me.

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[–] RalphFurley@lemmy.world 17 points 5 months ago (1 children)

Before covid I switched jobs. Got about $12k more. Months go by, COVID hits and I can't do my job (didn't have the flexibility and daycare was shut down). So I get my old job back but said I'd do it for $X where X was another $10k above from the new job.

Switching jobs definitely works. It sucks giving up a sure thing and the comfort zone though

[–] volvoxvsmarla@lemm.ee 9 points 5 months ago

It sucks giving up a sure thing and the comfort zone though

Very much. It's also kind of a privilege to be able to do that. Often this requires mobility - which you don't have if your spouse is also working (could not find a job in the same place) or if you have kids (school, friends etc). I think in the USA it is very common to constantly move, but here people usually avoid moving too often. Taking a risk when it's not just you on the line is also a bit harder.

[–] StaySquared@lemmy.world 16 points 5 months ago* (last edited 5 months ago)

Ha.. This is true.

There's only been one company that I had worked for almost 4 years. Every company I've ever worked for, on my second year I check the job market, if it looks good I start to submit my resume with the goal to get job offers that offer either more pay or more PTO/sick time/holidays (more time off combined). Take my job offer, present it to my employer, then just leave to the other org because more than likely I'll have a target on my back when it comes time to cut employees / lay off.

[–] Sanctus@lemmy.world 14 points 5 months ago (1 children)

Except I can't switch cause the tech sector crashed and nobody hits me back.

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[–] RememberTheApollo_@lemmy.world 12 points 5 months ago (1 children)

I wonder how this looks when compared to a decent union shop. In union shops you probably tend to not move jobs a lot, or like in some trades you take your union creds with you no matter where you work.

You certainly can increase pay by jumping around a lot in regular work, but union gigs tend to have set progression based on seniority.

[–] UnderpantsWeevil@lemmy.world 9 points 5 months ago* (last edited 5 months ago) (1 children)

Unions periodically renegotiate their salary and benefits through broad company-wide contracts, so its not just a single small bean asking to be paid a bit more. Its an entire department or firm demanding a bigger percentage of the gross revenue.

Seniority solves a lot of the "how much money do I even ask for?" questions when renegotiating salaries. It also establishes a clear-cut cost of living track. You know what you'll be making in five years, so you can buy a house or get married or have kids with some underlying expectation of how much you'll earn when your cost of living goes up.

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[–] half_built_pyramids@lemmy.world 11 points 5 months ago (1 children)

Why is a 9 year old article?

[–] fritolay@lemmy.one 10 points 5 months ago (6 children)

Who is a 9 year old article?

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[–] Sam_Bass@lemmy.world 10 points 5 months ago (1 children)

10 year old article might be off juuust a smidge

[–] RootBeerGuy@discuss.tchncs.de 19 points 5 months ago (1 children)

You are right. It is probably much worse these days.

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[–] CrowAirbrush@lemmy.world 10 points 5 months ago

I've moved to a couple different employers over the last few years obtaining all kinds of skills, most of the companies went down or moved to cheaper labour countries.

My wage has been stagnant for the past 10 years. It's all bullshit anyway, they just fuck with you just to fuck with you.

[–] ChocoboRocket@lemmy.world 9 points 5 months ago* (last edited 5 months ago)

Don't worry if you're Canadian - wages don't go up here unless you're in a good good union, or crack upper management.

There may be a few industries where job hopping is worthwhile, but there's a kilometers thick crust of nepotism to crack if you don't have connections

[–] yessikg@lemmy.blahaj.zone 9 points 5 months ago (3 children)

Eh, at some point you find a place you like and stop worrying so much about getting 20% more in another job

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