[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=flu]Your friend B could have easily wound himself in the same predicament if he happened to pick the companies that sucked and was marred by a few layoffs and setbacks during his job switching days..[/quote]
I totally agree with this too. According to my friend B, he jumped because company 1 wasn’t doing well. Then there was sign company 2 doesn’t much growth either, so he jumped. There was signs company 3 last lost its growth and he jump to company 4. When company 4 start to go South, he went to company 5. He told me it was definitely stress during the jumping period, but with hindsight being 20/20, friend B end up getting paid more than friend A. Friend A stayed at company 1, then jump to company 4 when friend B pulled him over. Now, friend B is trying to pull friend A to company 5, which is doing very well and compensating much better than company 4.
Of course, I hear stories just like you too. A friend of a friend was employee 20 at QCOM. He jumped to a start up with a larger title, I think VP, and because he was being burnt out at QCOM. This friend of a friend told my friend that was the worse decision he has made. If he stayed put, he would probably be a VP of some sort at QCOM and have 10s if not 100s of millions by now. So, jumping sometimes doesn’t work. But sometimes it does. There’s no guarantee.