> The more you earn, the higher the risk that at some point somebody decides that they want to spend less / smarter.
And it applies to everyone up to the CEO.
At my company a new CEO came in to much fanfare. A year later they were unceremoniously turfed out because the board decided they weren’t up to the “new direction” the company needed to go.
And not to mention the people under the CEO who road her coattails. They were all turfed in quick succession (or smartly saw the writing on the wall and bailed first).
It’s a business relationship. That’s all. Treat it as such. Get as much money as you can. Don’t kill yourself in the hope your sacrifice will be repaid, it probably won’t.
Basically take the emotion out of it. When management talks of “our big family” they are just saying that because people like to hear it. It’s not true.
And once you’ve gotten enough years under your belt you start to see through the talk pretty easily. Trust your gut. If the company starts to look wobbly, be the first out the door, not the last. Or at least plan according and don’t assume your job will be there next year or even next month.
> If the company starts to look wobbly, be the first out the door, not the last.
For individual contributors leaving isn’t always that easy as most interviews now require Leetcode prep. If you haven’t already been practicing, it can take a few months to get prepared for the grind. This is even worse for folks who work and have obligations outside of work such as children or sick family members.
I haven't interviewed in years, but I had the impression that Leetcode interviews were mostly for FAANG type jobs. Are non-software companies (i.e. ones where software is not the product) doing this too now ?!
And it applies to everyone up to the CEO.
At my company a new CEO came in to much fanfare. A year later they were unceremoniously turfed out because the board decided they weren’t up to the “new direction” the company needed to go.
And not to mention the people under the CEO who road her coattails. They were all turfed in quick succession (or smartly saw the writing on the wall and bailed first).
It’s a business relationship. That’s all. Treat it as such. Get as much money as you can. Don’t kill yourself in the hope your sacrifice will be repaid, it probably won’t.
Basically take the emotion out of it. When management talks of “our big family” they are just saying that because people like to hear it. It’s not true.
And once you’ve gotten enough years under your belt you start to see through the talk pretty easily. Trust your gut. If the company starts to look wobbly, be the first out the door, not the last. Or at least plan according and don’t assume your job will be there next year or even next month.