In the current climate, internal promotions are a rarity. They say that you should be changing companies roughly every 3 years to ensure you’re getting paid what you’re worth, as pay raises don’t keep up with experience. New responsibilities come quickly while promotions and pay raises come slowly. The number of times I’ve heard somebody say that they left a job for an immediate 10-30% (or even 50%!) pay raise and reduced responsibilities for even the same job has gotten to the point where I just expect it now.
Like everything else, it varies, but company loyalty is long dead.
Yeah, and there’s the old saying, “It’s not what you know, but who you know.” Even ignoring the nepotism that that can obviously be applied to, there’s something major to be said about social networking and finding a good job (whether that’s a new job or a promotion within a company or even changing fields entirely).
When I was in college over a decade ago, our school had a program set up with GDC (the Game Devlopers’ Convention) to send 3rd year students and put them up in a hotel for the duration of the convention so that they could meet industry professionals and see what was new in the industry. And right from the first day, our professors expressed how important going to the convention and getting to know the people in your major were because they could potentially lead to you getting your next job, whether your first year out of school or decades later. And that was years before the current climate of the job sector had really taken off. Some of those guys had been making games since the 80s or 90s.
Make a good impression on someone, and they might call you about a new job opening before it’s publicly posted.
Makes some sense, eh? The social creature thinks to those with whom it has relationships when deciding who to nominate for an employment relationship.
Certainly downsides, like missing better candidates you’ve never met and a bias against introverted or socially anxious candidates. That said, not a phenomenon I imagine changing much. So many applicants for every post - an IRL filter is effective at, if nothing else, shrinking the pool significantly.
In the current climate, internal promotions are a rarity. They say that you should be changing companies roughly every 3 years to ensure you’re getting paid what you’re worth, as pay raises don’t keep up with experience. New responsibilities come quickly while promotions and pay raises come slowly. The number of times I’ve heard somebody say that they left a job for an immediate 10-30% (or even 50%!) pay raise and reduced responsibilities for even the same job has gotten to the point where I just expect it now.
Like everything else, it varies, but company loyalty is long dead.
Ah yes! Had to add:
Yeah, and there’s the old saying, “It’s not what you know, but who you know.” Even ignoring the nepotism that that can obviously be applied to, there’s something major to be said about social networking and finding a good job (whether that’s a new job or a promotion within a company or even changing fields entirely).
When I was in college over a decade ago, our school had a program set up with GDC (the Game Devlopers’ Convention) to send 3rd year students and put them up in a hotel for the duration of the convention so that they could meet industry professionals and see what was new in the industry. And right from the first day, our professors expressed how important going to the convention and getting to know the people in your major were because they could potentially lead to you getting your next job, whether your first year out of school or decades later. And that was years before the current climate of the job sector had really taken off. Some of those guys had been making games since the 80s or 90s.
Make a good impression on someone, and they might call you about a new job opening before it’s publicly posted.
Makes some sense, eh? The social creature thinks to those with whom it has relationships when deciding who to nominate for an employment relationship.
Certainly downsides, like missing better candidates you’ve never met and a bias against introverted or socially anxious candidates. That said, not a phenomenon I imagine changing much. So many applicants for every post - an IRL filter is effective at, if nothing else, shrinking the pool significantly.