Product manager at recently acquired fintech startup (great benefits & culture, manager role, little brand awareness, concerns w life after acquisition ), account manager at FAANG (great culture & benefits, $$, iffy role, great brand), biz ops & corporate strategy manager at large TMT company (iffy culture, meh benefits, manager title)
What do you do? End goal is product or strategy. <3 YOE
I was once told you should never switch companies for anything less than 20% (there are of course a lot of baked-in assumptions ). I have used this guidance while searching for a position in the current job market.
I’m not looking to move at all. However 20% would get my interest to at least offer some consideration. 20% salary increase + large >15k sign on bonus would probably do it.
For my peers, and I that I have had this conversation with we all have basically said we wouldn’t leave our current company for anything less than a 20K increase. Keeping in mind, a lot of our current employers would counter offer a 10K increase
For in office or hybrid, 20%. Gas is expensive lol.
I'd consider fully remote (where I've been since Covid started) at 10%.
I've had conversations where I could do a straight transfer (even salary) and fully remote, which I may use if the back to office movement picks up steam. This flexibility has been grand.
Is it sad to think if (current employer) had kept up with inflation and I was break even vs down 5% on the year, that I'd have no issue staying?