Ask HN: So who else is getting a pay cut this year?

Re:Ask HN: So who else is getting a pay cut this year? by cableshaft on Thursday December 16, 2021 @04:30PM (#29584183)

I got a 60% raise by switching jobs this year. Although part of the reason it was such a jump is because I stayed too long at a company that had basically frozen raises for several years already and my responsibilities increased without recognition.

I thought companies weren't really looking for my skills because it was .Net heavy and I wasn't getting too many pings by recruiters. But then I flipped the switch that advertised me to recruiters and I got bombarded.

Job market is hot out there, it's not worth sticking around for a company that thinks a 1.5% raise is acceptable this year. Let them find out the hard way they need to offer a lot more money to get and keep people.

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Re:Ask HN: So who else is getting a pay cut this year? by stank345 on Thursday December 16, 2021 @04:38PM (#29584299)

I just talked to a recruiter today from a company I'm beginning the hiring process with. When they asked about compensation I asked about their range for the position, which ended up being about $15k higher than what I would have asked for. Now I'm looking at a 50% raise if they end up making me an offer :D

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Re:Ask HN: So who else is getting a pay cut this year? by cableshaft on Thursday December 16, 2021 @04:48PM (#29584433)

That's awesome! Congrats!

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Re:Ask HN: So who else is getting a pay cut this year? by giantg2 on Thursday December 16, 2021 @04:31PM (#29584209)

Wow, that's huge!

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Re:Ask HN: So who else is getting a pay cut this year? by cableshaft on Thursday December 16, 2021 @04:42PM (#29584346)

This is the Chicago market though, which isn't that great for compensation outside of a handful of companies (I'm still getting recruiters contacting me offering ranges barely above $100k and acting like it's a respectable offer).

So there's a good chance you're still making more than me TC. I'm still making way less than most US-based salaries I see posted on HN.

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Re:Ask HN: So who else is getting a pay cut this year? by giantg2 on Thursday December 16, 2021 @05:03PM (#29584611)

Philly market sounds similar.

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Re:Ask HN: So who else is getting a pay cut this year? by milkytron on Thursday December 16, 2021 @07:12PM (#29585884)

Yup. I worked in the Philly market for a few years (and another year if you count Wilmington).

90% of places I interviewed with while living there gave me insulting low offers, it made me question if I was actually being overpaid (I wasn't).

Left for another city across the country about 4 years ago and have been getting much better offers (even accounting for the COL difference) at better companies.

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Re:Ask HN: So who else is getting a pay cut this year? by giantg2 on Thursday December 16, 2021 @08:45PM (#29586717)

I've been looking at remote. My wife doesn't want to move.

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Re:Ask HN: So who else is getting a pay cut this year? by 0x0nyandesu on Thursday December 16, 2021 @07:06PM (#29585818)

Just moved from Philly to Cali. I regret not doing it 10 years ago. Already have an offer 50% above what I made in Philly. The funny part is my W2 withholding went down!

Philly taxes you so much and you get nothing for it.

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