[quote=AN][quote=bearishgurl]This kid WAS working in SF just ~1 mile from home. But early in 2012, they got an offer for $20K more annually (to start) and better benefits to work in Sunnyvale for a similar firm. Only out of college 1.5 yrs, they took it and have already gotten promoted once this year :=][/quote]
That good that your kid is taking advantage of the high demand up there right now. With regards to the $20k after just 1.5 years out of college, without more info, there’s no real conclusion that can be drawn from that. Was your kid under paid before? Did your kid got hired into a higher demanding role? Just for point of reference, when I graduated many years ago, I got a $10k raise just 6 months out of college. A year and a half later, I got another $15k raise. All of this happened in SD and not during the .com bubble either. So, $20k in 1.5 years after graduation isn’t that far fetch today and being in the bay.[/quote]
They got $20K just for defecting to the other company in January 2012 and then another ~$16K raise in July. PLUS a much more comprehensive benefit plan. And now they’re in line for ANOTHER raise/promo in July 2013.
Graduated May 2011 but finished all credits December 2010, so only out of college 3 weeks before starting first position in SF in January 2011 (without actual degree in hand).
This never, ever would have happened in my kid’s field in SD. Not in a million years.
