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A comment on Why Working from Home Will Stick. Parent comment

Re:Why Working from Home Will Stick by bradlys on Tuesday May 04, 2021 @11:45AM (#27038849)
What level are you at that you have to stay forever at your current place to get a promotion but aren’t able to afford a place closer to work? If you’re trying to go from E8 to E9 (or vp to president/CTO), I’d understand but at those levels you should be clearing nearly 1mil/yr or well past it. If you’re below that, you could easily switch workplaces and likely get a lot of money.

Maybe joining a startup on the hyper growth track would be good financial returns. Only need one of those to do well to buy the house with cash at your likely experience range and the compensation they would be rewarding you.

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Re:Why Working from Home Will Stick by ryandrake on Tuesday May 04, 2021 @12:20PM (#27039293)
Yea if I was at those nosebleed salary levels, I'd move right next door to work! Salary progression after your first 10 years or so in the industry is pretty flat when you're an IC, even if you change jobs. First couple of company moves I made back in the 90s boosted my comp 50-100%. My last two company moves were basically flat. Moving from IC to management has proven to be a tough nut to crack, the typical "need experience in that role to get the role" catch-22.

Your startup advice is decent, I just don't have the stomach for it anymore. Been there, done that, have 600,000 worthless stock options to prove it. I feel like I have better odds at the poker table.

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Re:Why Working from Home Will Stick by bradlys on Tuesday May 04, 2021 @12:32PM (#27039440)
> Your startup advice is decent, I just don't have the stomach for it anymore. Been there, done that, have 600,000 worthless stock options to prove it. I feel like I have better odds at the poker table.

I understand. I'm just saying I did it and got $1m+/yr out of it. I've done startups before that lead nowhere - so I understand the feeling... It's not like joining startups at seed stage or something - I'd only join one with a $XXXm dollar valuation or greater. (And one that has gotten that valuation very quickly hopefully - not over 10 years) I left because of the horrible environment before I vested everything. I decided if I can find a job at $350-400k/yr with some minor upside and a much better culture then I'd probably be happier in the end. (I have about 8 YOE)

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