Love My Company but Feel Like My Salary Is Low
It's a company with about 20 of us who are mostly developers. I generally really like it - I feel like I could be more challenging work (but I think that's a bit of the grass is always greener).
My friends in tech are giving me crap because they know I only make around 50k and I'm entering a mid level of experience as a Front-End Dev. My skill set looks like this: high levels of knowledge with OO Javascript, Angular.js/Backbone/Ember.js, Ruby on Rails, Postgres/Mysql, Grunt, Less/SCSS. I've been here for 4 years now. I'd rather have better quality of life than get paid a lot but I can't help thinking that 50k is feeling a little low for the Portland, OR area. Any stories of a good balance between salary and quality of life? Or in a similar situation?
22 comments
[ 2.1 ms ] story [ 20.4 ms ] threadIf it is the latter and you are confident that you are making a solid contribution then you could ask for a raise. I'm no expert in this area, but I've seen posts on how to go about that.
As a suggestion based on your skills, perhaps in might be beneficial to learn some machine based programming languages (like java or better yet C). You seem to have a strong background in Web development, maybe a side project working with an Arduino would help to supplement your skills and give you a more rounded Computer Science background.
If you work for a reasonable company (and I feel most are), your quality of life is something you make happen or let happen. It is very easy to let the company guilt you into working 12 hours. Set appropriate boundaries and be in control.
2) Try to find out which accomplishments grew revenue or cut costs for the business. Try to find out how much. If necessary, take one of the sales managers out to lunch and tell them you're trying to get a broader sense of the work you do from their perspective.
With that information in mind you can get a rough sense for the company's BATNA; When you go to them in a negotiation you now know that for you to leave would mean they lose a resource that generates $450,000/yr in value for the company.
It also means you have some great lines for your resume. "...which earns $4K monthly recurring revenue" is a tantalizing way to end a scentence if it is true.
Google [bingo card creator blog] for more on this topic.
Don't hold out for a big raise at your current workplace, it never works like that.
I was in this exact position once. Fun team, fun tech, lots of freedom to experiment and prototype new stuff just in case it became useful. Supportive management and sane working conditions. $37k/year.
Leaving that place was one of the toughest decisions of my young life. I had managed to secure the biggest percentage raise they were willing to give, at the end of a long negotiation explaining the state on the ground as it was in 1998 (when much like today developers were very much in demand and could essentially name their price), but that only got me up to the mid $40s.
So I took the leap. Responded to one of the mails in my inbox and took a job for another shop in town for twice the money. Folks at the old place were stunned and saddened. I wasn't sure it was the right thing to do.
But it was. Absolutely.
15 years later, I was on an even more fun team, with cool tech, respect, and all that stuff from above, but for 10X the takehome pay of that "Dream Job" from the 90s. To put it mildly, that's not where I would have been career-wise had I stayed put.
You have a whole life ahead. Even the best thing to ever happen to you will be something you look back at as a local maxima. It's not worth leaving millions (and I do mean actual real millions) of dollars on the table just to stay someplace fun.
Float your resume today. Future you will thank you for it.
You're not challenged and you're flagrantly underpaid in a great tech city. I would guess someone decent with your profile should make 2x what you're making. Think about that. Would you recommend such a job to a friend?
You need to move on. There are lots of companies as good or better as your current one, trust me. Take it one step at a time - start with updating your resume. Hopefully this will get you excited about the next steps.
When you give your notice it will be an amazing feeling. All your self-esteem will come rushing back. Good luck.
Like others have said already, get out of there.
This is the worst thing you can do for yourself!
Your potential is always more than where you currently are in life. You should always be looking for the next opportunity to advance your career and increase your worth. This is why a lot of people stay at a job for 2 year and then move on - they learn a lot, contribute a lot, then go sell themselves for a lot more money and repeat.
You could jump ship right now for double the pay. Your friends at the company won't blame you for it, and it's healthy for founders of a company to see that happen.
Good luck!