There was an article at Forbes that said employees who stay with the company for more than 2 years are underpaid by as much as 50%.
So why do they stay for so long? Humans are resistant to change.
Speaking of myself, when I was working as a programmer, finding a new job meant going through endless interviews with leetcode tests even though I had 15 years experience.
Turns out it was Joel Spolsky who invented that practice. I'm sure most programmers want to strangle that guy. Lol.
As for me, I became a contractor. All my underpaid overtime turned into a paid one. Plus my contracts lasted a lot longer than my full time jobs. But even that what I later found out is what they call "trading hours for dollars".
In order to really succeed I need to start my own business. Which required me to learn "direct response marketing and copywriting".
Because being an Engineer I sucked at selling, finding hungry markets for my products, creating products and selling them by the millions.
Once I figured that out, it's like a new world opened up to me. Turns out you can make as much money as you want. Unlimited amounts. It's up to you how much you want to make. I wish I would've figured that out earlier.
Any recent books you suggest on "direct response marketing and copywriting"? I've tried to read "how to win friends and influence people" "ogilvy on advertising" "traction" but haven't taken actions yet.
You can only do this so much before you hit the pay ceiling of your role more or less. Then there is also the age factor, which whether it's justified or not the older you get the more expectations there are and the harder it becomes to jump ship.
Personally my biggest gripe is how technical careers evolve into non-technical roles because of how companies underestimate the engineering and overestimate people skills. The pay gap would be easier to bridge if yearly reviews were based mostly on technical skill growth instead of other corporate jargon like "impact" or "leadership".
Not an answer to your question, more bolstering your comment, hoping someone else will come along and be encouraged to answer. Trying to learn about this on the internet is a nauseating series of blogspam.
I have contracted about 1/2 my career. I love the freedom and the honesty about outcomes and money. I missed the benefits (esp group health insurance) and the sense of teamwork.
1. Introduction
2. Question about recent project candidate worked on
3. Easy Programming Question
4. Pointer/Recursion Question
5. Are you satisfied? [with your whiteboard code answer]
6. Do you have any questions?
So why do they stay for so long? Humans are resistant to change.
Speaking of myself, when I was working as a programmer, finding a new job meant going through endless interviews with leetcode tests even though I had 15 years experience.
Turns out it was Joel Spolsky who invented that practice. I'm sure most programmers want to strangle that guy. Lol.
As for me, I became a contractor. All my underpaid overtime turned into a paid one. Plus my contracts lasted a lot longer than my full time jobs. But even that what I later found out is what they call "trading hours for dollars".
In order to really succeed I need to start my own business. Which required me to learn "direct response marketing and copywriting".
Because being an Engineer I sucked at selling, finding hungry markets for my products, creating products and selling them by the millions.
Once I figured that out, it's like a new world opened up to me. Turns out you can make as much money as you want. Unlimited amounts. It's up to you how much you want to make. I wish I would've figured that out earlier.