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hashrate | 7 years ago

Really surprise with all comments here.

Quitting your job if you have kids a wife and a mortgage is a much more complicated topic than just saying "F* this I'm going to raise cows in the Montana"

It's complicated to move internally in a corporation , so thinking as to moving to another company to another position when you have responsibilities it's pretty much like playing the Russian roulette with your finance and your situation.

discuss

order

scarface74|7 years ago

It's complicated to move internally in a corporation , so thinking as to moving to another company to another position when you have responsibilities it's pretty much like playing the Russian roulette with your finance and your situation.

How is changing jobs like Russian Roulette? Since both salary compression and inversion are real phenomena, the statistically best way to provide better for your family is changing jobs.

From personal experience, and not living in Silicon Valley, I changed jobs 3 times in the last 4 years and made $45K more. I changed jobs 5 timed in the last 10 years and made $65K more. Before that, I stayed at one job 9 years and only made $7K more in year 9 than year 2 with measly 3% raises and bonuses being cut.

pnutjam|7 years ago

You absolutely have to change jobs to get raises, but I can certainly see the Russian Roulette comparison. Especially as you get near the top of your salary range. The biggest problem I see is how different benefits can be and cost from company to company. From the simple (like comparing payroll deductions), to the complex; time spent in office, time spent working, commute time, coworkers, quality of health coverage, quality of work, vacation accrual.

I generally try to stay at a job for 3 to 4 years, but my last job at HP, cut my knees off when the spun me over to DXC and our benefits costs tripled. To keep the same benefits would have amounted to a 10% pay cut. I probably would not have taken the job if it's benefits had been as offered post merger, so I had no qualms in quitting as soon as I could line something else up.

coldtea|7 years ago

Well, you only live once, so there's that. In the end, if you're not happy with your situation, you might get depressed, alcoholic, legal opiod addicted, on even blow your brains out, and that might be worse for the kids, wife, and mortgage.

hellisothers|7 years ago

That’s what he is talking about though, “You only live once” is a selfish (no negative connotation intended) sentiment. If you have a wife, children, debts people are expecting you to repay then to some extent you need to deal with some adversity.

I’m not saying everybody should stick it out in terrible situations but “you only live once” is not the reason you should be flipping the table if you have people depending on you.