I've got my second offer since I started casually looking for something new a few months ago and both of them are under what I make here. The jobs are great but the compensation is just not where it should be. Is this normal these days? Should I expect and accept this?
11 replies (most recent on top)
Yes it is the new normal. It is an employers market.
Yup, salaries are going down. Perhaps look for something that will hold you for a year or two while the economy recovers? Or stay until the ship sinks.
" The jobs are great but the compensation is just not where it should be."
They keep bringing in more people to water down the salaries.
Welcome to the ocean.
On the plus side, you can become a UPS driver and make bank.
What sad direction our culture is headed in.
"All this cr-p about talent shortages is just media smoke screen for more visas."
Bingo.
It would be useful to see who sits on the boards of the media outlets.
The real question is does the media do anything else other than manipulate.
I think they are covering up a really bad and out of whack economy.
Would suggest not just looking at salary but how that new company expands your network and knowledge.
Was able to leave Intel for about 50% more recently, job hunt took 2 weeks. I’m in software but have a lot of RF/DSP experience, and found that the market for general coders is pretty saturated. If you can put together a couple of skills that’ll help you stand out (and succeed in your new role).
Not sure how applicable this advice is to hardware folks, but best of luck to all.
I am in the same boat, but I will stick around as the amount of work is lite, pay is great, and have a boss who is also my friend!
Same here. Even during Covid times when there was a shortage I could not get a match - forget exceeding. So plan to continue here as the ship sinks as this seems to be the best option.
I got a better offer day ago. Few months ago I got similar to Intel. I think u shall upgrade .. if I was u , i would continue to look out while work at Intel.
Inflation is high an making our dollar less valued every week. Companies are pulling back on talent spending... there are 250,000 IT folks in the Bay Area alone looking for a job. Not an employee market despite what you may hear. All this cr-p about talent shortages is just media smoke screen for more visas.
I am in the same boat.