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Comments (2)
The disconnect is real. Leadership loves to tout the record margins and share price performance on the all-hands calls, but that success rarely trickles down to the individual contributors in any meaningful way. If you aren't getting promoted, you're effectively taking a pay cut every single year once you factor in inflation. The loyalty tax is very much alive here. It’s reached a point where staying for the 'culture' is just a nice way of saying you're leaving money on the table. If you've got two years in, it’s probably time to test the market.
I wouldn't hold my breath for a mid-year adjustment. They’ve been tightening the belt on discretionary spend and headcount for a while now, and the RSU refreshers have been getting noticeably smaller across the board. It feels like the company is prioritizing buybacks and dividends over talent retention. You’re definitely not alone in feeling this way; everyone I talk to in engineering is keeping their resume updated. When the talent flight starts hitting critical teams, management will finally realize that 'good culture' doesn't pay the mortgage.