Change jobs every 6 months or less, insist on a raise between each one. I'm earning just shy of 300k now. I don't see it stopping in the next decade either.
There is an inverse relationship between salary and the number of jobs available at that rate. I think you will find it harder to continue raising your income just by job hopping. You’re going to need to demonstrate you can deliver increasingly higher value to organizations in order to demand higher wages.
I agree with the strategy that hopping jobs results in faster income increase than staying put. I'm just saying that in my experience, there is a cap on how much you can make in any salaried job unless you are a very rare person. You may find it difficult to continue to raise your income by job hopping. You may need to think about selling value rather than time to exceed your current pay.
I remember reading someone's observation about web dev/tech but using human flight as an example. In the 70's, people thought because they went from the Wright brothers to the moon within 66 years, by the year 2000 we'd have Mach 5 passenger planes and trips to other planets. But, what do we have nowadays? Passenger jumbo jet speeds have remained steady since.. the 70's/80's?
What he's trying to say is that the growth will usually reach a plateau, but people think it'll be exponential. IMO, Mr. Millionaire upthread is living the Bubble 2.0 demand for tech workers, and thinks the bubble will go on and he's going to the stratosphere...
>What he's trying to say is that the growth will usually reach a plateau, but people think it'll be exponential. IMO, Mr. Millionaire upthread is living the Bubble 2.0 demand for tech workers, and thinks the bubble will go on and he's going to the stratosphere...
And when it pops I will only have the million dollars I've earned before 30. Woe is me.
Life is there for the taking. Stop making up excuses why being poor in a box is good for you.
Given that I'm already negotiating for a 15% increase in my current job and shortlisted for 6 other positions I'd say I have plenty of room left to move around.
You are worth what you are paid.
I have had a job where the only thing I had to do was fill in a spreadsheet to keep the product manager happy because the CEO had some stupid ideas about tracking employee productivity. I was happy to trade $60,000 and 3 months for something not more taxing than a Sudoku puzzle. Market inefficiencies are everywhere, it's just that most employees never find them since they stay in one place for far too long.
When I see a resume of someone who has had 8 jobs in 3 years I immediately think "liability". You won't deeply learn anything. You won't be able to think long term. I won't be able to give you an important project because you likely won't be around by the time it hits market and needs to be shepherded to success.
Your job hopping is only going to work for so long. If I were you I would focus on building up your staying power in order to make meaningful changes that businesses need from their higher level employees.
Whatever they hire me for. Currently I'm doing network architecture for a telco, the project is pure vanity and will end in tears. But everyone is happy because until it does it will make them seem like they know what they are doing, which they don't.
Pessimism is what keeps you from following the herd of lemmings over the cliff.