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irremediable | 3 years ago
That's the way to do it at the lower levels, yeah.
You apply, ideally via a referral, and at the early stages the recruiter will establish roughly how senior you currently are. They'll be keen to know your current comp, too. It's common advice not to reveal this, and I'd follow it, but that's less crucial when you're at a standardised BigCo because they'll already know what bracket you're in, as long as you're in the same geographic area.
Then you go through the rigmarole of interviewing, and if they want you, they need to offer you higher comp, usually via a higher level (or higher spine on an existing level for the companies that do it that way).
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