I'm a new manager, having been an SWE IC for 15 yrs. I just did comp planning for the first time. I was given such a small budget for my team, it's not even funny! The system is designed so that most of the staffing budget goes to new hires, not to reward existing employees. Even promotions are fairly small, compared to what you could get by leaving. It's a game of chicken between you and your company: how long are you willing to tolerate small annual raises while more money goes to new hires before you decide to become a new hire at a new company, yourself?
Now that I see it from the manager perspective, I pledge to stay sharp and become a job hopper ... as soon as I find the time to start interviewing. :^)
Now that I see it from the manager perspective, I pledge to stay sharp and become a job hopper ... as soon as I find the time to start interviewing. :^)