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A layoff fundamentally changed how I perceive work

(mertbulan.com)
1041 points mertbio | 2 comments | 27 Jan 25 08:22 UTC | HN request time: 0.001s | source
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seanc ◴[27 Jan 25 14:33 UTC] No.42841499[source]▶
I've been in high tech for 30 years, and I've been laid off many times, most often from failed start ups. I _strongly_ disagree with a fully cynical response of working only to contract, leveraging job offers for raises, etc.

There are a few reasons for this, but the most concrete is that your behavior in this job has an impact on getting the next one. The author is correct that exemplary performance will not save you from being laid off, but when layoffs come your next job often comes from contacts that you built up from the current job, or jobs before. If people know you are a standout contributor then you will be hired quickly into desirable roles. If people think you are a hired gun who only does the bare minimum that next role will be harder to find.

On top of that, carrying around bitterness and cynicism is just bad for you. Pride in good work and pleasure in having an impact on customers and coworkers is good for you. Sometimes that means making dumb business decisions like sacrificing an evening to a company that doesn't care, but IMO that sort of thing is worth it now and then.

To be sure, don't give your heart away to a company (I did that exactly once, never again) because a company will never love you back. But your co-workers will.

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maiar ◴[27 Jan 25 15:34 UTC] No.42842180[source]▶
It’s worthwhile to “go above and beyond” for individuals who will help you, who may exist in a company… but never for the company itself. A company is no less and no more than a pile of someone else’s money that will do literally anything, including destroy your life, to become a bigger pile.

You should do a good job for individuals who will repay you later on. Companies themselves these days can sod off—they stand for nothing.

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CydeWeys ◴[27 Jan 25 16:57 UTC] No.42843127[source]▶
"Going above and beyond" at a big company, if done in a smart strategic way, is the best way to get promoted, and getting promoted results in significantly higher pay. I've gotten promoted twice at my current employer over the years, which has roughly doubled my total compensation, and none of that would have happened had I just did my previous level's responsibilities and nothing beyond.
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bryanlarsen ◴[27 Jan 25 17:10 UTC] No.42843275[source]▶
That's the exception rather than the rule. Most people have to switch employers to get a significant pay raise.
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edmundsauto ◴[27 Jan 25 17:16 UTC] No.42843342[source]▶
As with all things, it depends where you are. It’s not the case for big tech employers, who tend to have very clear “levels” and (from what I can tell on levels.fyi) it’s often a 25%+ jump in total comp.

And these are the biggest employers of talent. It may not be most people in a startup forum, but it’s a lot of people.

For all others, I think it’s because tech isn’t seen as such an important revenue driver. Lots of places we are still seen as a cost center.

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Aqua_Geek ◴[27 Jan 25 17:54 UTC] No.42843750[source]▶
Anecdata, for sure, but my experience working at several big companies in tech is that they won’t significantly bump your pay (and especially not your stock grant!) when they promote you. If anything, they will move you to the minimum of the salary band for the new level.

In my experience, you’re better off getting the promo and looking for the next job at your leisure. It sucks that that is what the system rewards, but I certainly don’t fault people for playing the game that is given.

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9rx ◴[27 Jan 25 18:20 UTC] No.42844024[source]▶
> that is what the system rewards

Commensurate to the risk, of course. If you ignore the risk component then your best bet is to forget having a job and spend your days playing Powerball. The system offers much, much, much greater reward there.

If you keep risk in mind then it's not so clear cut. Staying at the job you have, even with lower pay on paper, may end up being the most profitable option in the end. But sometimes you just have to make the gamble and find out! There are winning opportunities for sure.

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1. johnnyanmac ◴[27 Jan 25 21:30 UTC] No.42845851[source]▶
Risk depends on the market strength. In good times, you could easily jump to a new job with a raise in weeks and there's little risk as long as you're not outing youself at work.

In bad times like this, probably not worth it. The search takes months not, if not over a year, and there's a non-zero chance you're laid off anyway.

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2. 9rx ◴[28 Jan 25 14:20 UTC] No.42852569[source]▶
Weeks can be a long time if it doesn't work out. And that is, by your own comment, in the good times. The good times don't last forever. Upon some dice roll it is going to turn, and when that one doesn't work out now you could be looking at months or years.

Staying put isn't risk-free either. Not by any stretch. But is comparatively less risky. It is the devil you know, hence the lower risk premium.