Re:Spending more on retaining developers reduces the cost of...
by piva00 on Monday March 14, 2022 @07:08AM
(#30670910)
That's a question that lingered through my whole career so far (about 18 years).
I've been through so many cycles of: work 1-2 years on the same domain (or product), finally achieve mastery of all its components: infrastructure, dependencies, dependents, product vision, to the point where I can give detailed and relevant assessments on the future planning of whatever I'm working with.
Whenever I get to that point my salary stagnates, I need to change teams or domain, or company, to get a decent bump (10-20%), if not I will be stuck on the forever cycle of either aiming for a promotion or getting 2-5% raises/year.
It looks so stupid from the factory floor side, when I'm finally a master of what I'm working with I get devalued. When we hire a new senior+ engineer they will get a similar or higher salary than I have. That will naturally push me to search for something else.
I simply cannot understand on an organisational level how can not giving raises but paying premiums for new hires is sustainable or even in the best interests of said organisation... I have never got a good answer from CTOs (or other C-level executives).
I've been through so many cycles of: work 1-2 years on the same domain (or product), finally achieve mastery of all its components: infrastructure, dependencies, dependents, product vision, to the point where I can give detailed and relevant assessments on the future planning of whatever I'm working with.
Whenever I get to that point my salary stagnates, I need to change teams or domain, or company, to get a decent bump (10-20%), if not I will be stuck on the forever cycle of either aiming for a promotion or getting 2-5% raises/year.
It looks so stupid from the factory floor side, when I'm finally a master of what I'm working with I get devalued. When we hire a new senior+ engineer they will get a similar or higher salary than I have. That will naturally push me to search for something else.
I simply cannot understand on an organisational level how can not giving raises but paying premiums for new hires is sustainable or even in the best interests of said organisation... I have never got a good answer from CTOs (or other C-level executives).