I am currently having thoughts about how I should advance my career, and which path I should take.

I currently am compensated about 250k TC as a Senior Staff Engineer. I am wanting to reach for double, not necessarily any time in the near future (my goal is ~5 years). I currently have 10 years of experience. I feel that I am already pretty close to the pay ceiling for my role.

Should I be shooting for Principal engineer or a Senior Manager/Director/VP seat for my goals?

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I have sat in a manager seat, I've sat in a consulting and customer facing seat, I've got high level DevOps experience including transforming a few companies.

I'm just starting to wonder if the managerial side will suit me better, especially since I'm wanting to reach for higher compensation and invest further in my future. I feel that even as a principal engineer I would be limiting how much I can make annually, and I see some more senior members on here making upwards of 600k, so I'm curious about their thoughts on which way they would point someone who is basically a technology universal remote, having been in almost every position/capacity you could be from an engineering and managerial standpoint on the lower levels. I've always been ambitious, but I've gotten further than I expected faster than I could make a plan or think about my next steps and goals, and what path I want to take.

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I made 31k a year (gross) in the military up until I got out at the end of 2019. If you can justify your skillset and sell yourself in an interview the sky is the limit, I'm convinced. My first position after the military was 110k and I very quickly realized I was significantly more skilled than the guys around me at that level.

It’s probably faster and easier to chase the big bucks as an individual contributor than getting into senior leadership roles. In three years, if you job hop, you’ll definitely get to 600k. To get to a VP level takes time and you can’t skip levels.

I am an outlier in that I got a VP tech role at a Fortune 25 in record time with less than 10 years of experience. Prior, I was a tech Director at a Fortune 10 for 3 years. I am very technical and could easily make 750k at a FAANG but titles are more important to me than money.

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That's good to hear, because honestly I was starting to feel like I was getting a bit close to a ceiling. I don't particularly want to work at a FAANG, just because I like feeling like my work means something to society (I work in space related software right now), but money talks. I've been conflicted about how aggressive I should be with job hopping but this makes me feel better about basically always leaving my door open for the right numbers.

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