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Re:Why don't tech companies pay their engineers to stay? by maxbreaker on Tuesday August 03, 2021 @04:06PM (#28053504)
I've worked at a (giant well known) company/bank in New York that basically mandated that people switch jobs internally every 18 to 24 months. It was part of the expectations. I was there for 4 years. I had 3 different roles in 3 different teams.

It helped a lot in fact in doing quality work. Thinking that you will inherit things you didn't do. That some other people will inherit your work / decisions. And always learning new things / keeping best practices in mind.

It's something I've kept in mind everywhere I've been.

Re:Why don't tech companies pay their engineers to stay? by bumby on Tuesday August 03, 2021 @06:29PM (#28055009)
Is there a trade off between depth and breadth here? While not the SV tech scene, I remember working for an aerospace company that had some people in the same positions for a couple decades. For the administrative positions it seemed to breed complacency, but for the technical positions it seemed to provide a very deep level of technical expertise that would be difficult to cultivate within a couple years
Re:Why don't tech companies pay their engineers to stay? by thx2099100 on Tuesday August 03, 2021 @08:13PM (#28055852)
the other side from my experience at a previous engineering job is that it can also breed deep defensive layers around bad engineering work.

the same 3 core people stayed on the project for 11 years from the begging and hired and fired around weither you're a threat to their position. managers would come and go, they were helpless and held no real power in the project, until they settled for a puppet manager who would defer every decision up to them and act as a secretary.

the result was a huge pile of tech debt that only they could touch and they kept getting raises because the project couldn't afford to lose them, until the project died of it own weight.

Re:Why don't tech companies pay their engineers to stay? by hdhjebebeb on Tuesday August 03, 2021 @09:07PM (#28056145)
same, i joined a place where it turned out a small group of people basically held all the power and had created a byzantine system only they could reason about. management was also trapped because the devs who knew the system held all the power.
Re:Why don't tech companies pay their engineers to stay? by ampdepolymerase on Tuesday August 03, 2021 @09:11PM (#28056179)
For finance, the primary goal is to prevent corruption, the intent is not quite the same as tech.
Re:Why don't tech companies pay their engineers to stay? by helsinki on Tuesday August 03, 2021 @04:52PM (#28054032)
This is smart. I left GS right around the time they were starting such an (similar?) initiative. It also makes employees more fungible, on average, which is nice.
Re:Why don't tech companies pay their engineers to stay? by maxbreaker on Tuesday August 03, 2021 @08:22PM (#28055895)
This was GS indeed. I personally liked that a lot. I've learn a lot there.
Re:Why don't tech companies pay their engineers to stay? by hn_99 on Wednesday August 04, 2021 @12:55AM (#28057421)
I don't know of any such mandate in GS, was it for a specific division or group of teams? The company culture supports moving internally, but I never heard of anything like a mandate in my very recent stint there.
Re:Why don't tech companies pay their engineers to stay? by helsinki on Wednesday August 04, 2021 @01:01AM (#28057452)
Circa 2014 they started a program where Analysts temporarily work on teams that did not hire them, following their three-month orientation. Based on the parent comment, it sounds as if it was taken even further. I was in the Tech Division before it was rebranded as Engineering and merged with SecDiv / Core Strats by Eli Wiesel et al.
Re:Why don't tech companies pay their engineers to stay? by helsinki on Wednesday August 04, 2021 @01:01AM (#28057454)
Ah, good guess!