I am one of the 1K+ engineers that were laid off on September. With two months of actively looking, most of my colleagues I know landed a job with better pay. My own compensation gets a 50% increase compared to Oracle with multiple offers. Layoff will motivate you do a lot more (resume polishing, networking, interview study, learning new things such as machine learning etc).
My fellow Oracle colleagues, keep your head up and stay motivated!
“(As a woman, I don't love being call 'neurotic' but the point he was trying to make should actually be viewed positively by women and anyone who has ever studied genetics.“
There is your problem. By that guy’s logic, a man would never, ever be a professional chef, bc cooking is something that only women and their cooking genes could possibly accomplish.
You need a serious attitude adjustment. That happens when you have been gaslighted by the wide array of jerks at a place like Oracle. You have inculcated their poor attitudes about women. Taking a break is a good idea. Sales people are natural story tellers and bad news softeners. Find a way to describe your challenges as a win. I know you can do it!!
If you didn’t get raises for ten years that is a YOU problem not an Oracle problem.
Speaking as a former m4, low performers are often the ones whining why they didn’t get stock grants or raises.
I, too, was laid off this summer. I decided to take some time before seriously starting my job search as I am confident I will get a better job elsewhere and I was extremely burnt out. I've had a few interviews with companies I had no desire to work for and a few that I probably would've taken a job if it had been offered, like Google (not quite the killer place to work in sales as it is in SW Development.) However, there is something I'm having a hard time overcoming as I prep for interviews; negativity and cynicism. (Yes, I am a Gen Xer so this might be expected, but please hear me out.)
After 5 long years of terrible managers, bad territories, unreasonable quotas, friends getting laid off and watching one by one as the enthusiasm drained out of my 10 Inside sales reps, I just have a hard time believing anywhere in IT will be different. Part of this is that I'm a woman and some of what I experienced as a woman here goes on at all big IT companies to some degree or another. But how do I stop feeling so negative about everything work-related as I try to paint a positive picture during my interviews?
I know logically that other places will be better. Much better. I mean, it really couldn't have been much worse. But when I try to prep my responses to interview questions, I keep coming back to negative places.
"How did I perform against quota?" (You mean the quota that was 5x what my accounts have ever spent in a territory that no other pillars even bother with?)
"Tell me about a time you won." (You mean, like when my boss's strategy to trick my account into saying something he could use against them backfired and my original strategy to treat them fairly won me the deal?)
"How have you dealt with conflict from a peer?" (So, like the MW Rep who lied to my face repeatedly, went behind my back to put a proposal in front of our customer that was bad for the customer yet management backed him because they didn't want me to 'screw up their deal' by telling the customer the truth?)
"How do you do your forecasting?" (Well, you kinda need deals to forecast and as all my accounts had multi-year agreements in place, there wasn't much to forecast.)
How do you paint positive results on negative experiences? How do you convince people that past results do not reflect future performance? That if you were only treated like a human being instead of a piece of garbage, you could do great work?
I'm not down on myself. I know I've done the right things, worked hard for my employers and would be an asset to any company. I love technology but right now, I hate the tech industry. $20M VC unicorn companies that sell beard waxing apps. Cover ups and lies so multi-B$ companies don't have to share diversity income data. The firing of a kid who was brave enough to question the 'pc' attitudes of Google by applying science to his discussion. (As a woman, I don't love being call 'neurotic' but the point he was trying to make should actually be viewed positively by women and anyone who has ever studied genetics.) A company like Oracle that has so many smart, wonderful people who are slowly having the life crushed out of them...
are you guys from hardware (chip design), I hear apple pay about 180k average
Been laid off three times in the last 40 years. Each time it opened many doors of opportunity that were better that what I left behind. Don't fear the reaper.
it will be hard to catch up to 15 years of no raises.
A 40% bump won't even come close to touching that.
Better than a hot poke in the eye I guess.
Oracle had a lot of people with 15+ year tenures which means that they are impacted by salary compression. Couple that with how a significant portion of the employee base was not getting raises for years, their benefits were being trimmed and other forms of undermining compensation and it isn't surprising to hear that some are experiencing significant jumps after leaving Oracle.
I was at Oracle only a few years before I left and the total compensation package I received elsewhere absolutely shocked me (40% increase).
14% more now
don't gloat. you should be getting that just from job hopping. nevermind you didn't make the gap from your years @ O.
I, too, was laid off on 9/1. I’m making 14% more now than with Oracle. I’m happy!
Getting canned last Fall was the best thing that ever happened to me. 😎
better divide it by the hours...
historically it averages out, though lately, it's been favoring me.
yes, I do feel better.
When calculating salary at O, better divide it by the hours, you may feel better. If not, jump ship.
Since oracle doesn’t give salary increases, the extent of your underpayment is a function of your tenure at oracle :(
if you don't mind, what areas do you folks work in?
10-20% diff sounds reasonable, but 50-60% diff in pay seems a little out of whack (not disputing your story), so just wanted to know your roles.
I was laid off recently, I got 60% raise.
Before I got the new job, I was afraid that I might not make what I was making at Oracle, then I found out that nobody in the bay area pays less than Oracle.
Thank God I am done, it was a very toxic environment. Everyone is complaining about their unprofessional manager and crappy pay (including me). Change is good
It could be people got underpaid in Oracle.
Damn, I got only 10% raise. How did you get fifty percent ?