In July 2009 got a raise to $58k at my company (Internet Brands, formally CarsDirect) so I started looking. I applied to a bunch of places and within a week I had an offer for $65k which my company matched. I told the new company and they increased their offer to $70k. I accepted.
The environment was pretty toxic at the new place so I was looking too leave when one of the other places I applied got back to me. Although I was making $70k, there were bonus opportunities of up to 10%, so I reported total compensation of $80k. The new company matched with an offer of $80k. So 3 months after I made $55k, I was making $80k. This was ClearChannel (now iHeartMedia), and sensing a major reorganization and possible layoffs, I left to work at a small startup in November 2011.
They offered a choice of low salary/high options or high salary/low options. I took the high salary, which was $110k. After 18 months I got a raise to $117k, but wasn't happy. They offered me more options but I wasn't interested. When I discovered a coworker's offer letter on the shared drive stating he made $135k, I started applying. I got an offer for $130k which my company countered at $140k plus a few perks like an extra week of PTO. In December 2014 I got a raise to $155k, and then a promotion to director of engineering at $175k in January 2015. I started consulting on the side in November and found it more lucrative, so I left in December 2015.
Thanks, so the main message is clear: it's worth to interview with other companies as well instead of just focusing on getting promotion. It was just not talked about that much before in the software community.
In July 2009 got a raise to $58k at my company (Internet Brands, formally CarsDirect) so I started looking. I applied to a bunch of places and within a week I had an offer for $65k which my company matched. I told the new company and they increased their offer to $70k. I accepted.
The environment was pretty toxic at the new place so I was looking too leave when one of the other places I applied got back to me. Although I was making $70k, there were bonus opportunities of up to 10%, so I reported total compensation of $80k. The new company matched with an offer of $80k. So 3 months after I made $55k, I was making $80k. This was ClearChannel (now iHeartMedia), and sensing a major reorganization and possible layoffs, I left to work at a small startup in November 2011.
They offered a choice of low salary/high options or high salary/low options. I took the high salary, which was $110k. After 18 months I got a raise to $117k, but wasn't happy. They offered me more options but I wasn't interested. When I discovered a coworker's offer letter on the shared drive stating he made $135k, I started applying. I got an offer for $130k which my company countered at $140k plus a few perks like an extra week of PTO. In December 2014 I got a raise to $155k, and then a promotion to director of engineering at $175k in January 2015. I started consulting on the side in November and found it more lucrative, so I left in December 2015.