The quitting economy

Re:The quitting economy by ryandrake on Wednesday July 26, 2017 @03:32PM (#14859396)

The plateau is real. It's not unheard of for your first job hop, early in your career, to get you 10-50%. Next move might be 5-15%. Over time, as you approach the ceiling, your reward for job hopping will diminish. I've got close to 20 years under my belt, and my last few hops were less than +1%.

Short of going into management or doing a complete career change, it seems you can get stuck later in life.

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Re:The quitting economy by jaggederest on Wednesday July 26, 2017 @05:00PM (#14860316)

For me, the route out that I'm trying is to try to build a consultancy or productized-consulting business. It's effectively going into management, but the person you're managing is yourself.

It's especially true when you look at contribution vs reward for a skilled senior / principal engineer. If you take away the "steady paycheck" aspect of salaried employment, you can get 2x to 3x the reward for some percentage increase in total effort.

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Re:The quitting economy by sidlls on Wednesday July 26, 2017 @03:48PM (#14859564)

Yep. At my company, the Engineering Manager position starts at about 10% above the equivalent tech track position's upper limit in the band, has larger RSU grants and a bigger bonus pool.

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