[quote=no_such_reality][quote=AN][quote=flu]AN.. For some people, moving around companies works out for them. For other people it doesn’t. [/quote]
I understand where you’re coming from. Hind sight is always 20/20. The pay difference is only 5-10%, so the decision to not jump around doesn’t affect him as much as his decision to buy the house. So, even if guy A didn’t jump around like guy B, if guy A just listen to guy B’s reason why he doesn’t want to buy a house in 2005, he would have been much better off. One decision alone, not the most popular decision in 2005, would have put guy A in a much better financial situation. This bad luck (2005 RE crash) affected everyone who own a house, so it’s not like guy B was in the right place at the right time.[/quote]
Can’t win if you don’t play.
Not moving is basically not playing.
So unless you’re really aggressive about moving around in a large company, then not moving companies is basically a guaranteed non-winner.
Winners make their own luck.[/quote]
Totally agree. This is why friend B jumps around why friend A doesn’t. Friend B jumping around, hoping the company he’s jumping to will take off and take him along for the ride. It didn’t work out like those who jump to Google, but at least friend B still end up getting paid 5-10% more than friend A for about a decade. So, from now on, every raise they both get will increase the gap between friend A and friend B.
In flu’s example of the friend who was forced to stay at QCOM, luck was on his side and QCOM end up taking off. For every friend like that, I know a few who stay and the company end up going out of business or just flounder and they go no where. So, sometimes staying doesn’t always mean guaranteed non-winner. But majority of the time, people move because they see a company they’re at is on the decline and the company they’re going to is on the accent. They take that risk to move. Sometimes it pays off and sometime it doesn’t.