Other indicators: delayed salary reviews, senior staff leaving (and not being replaced, because money) or minority shareholders trying to sell their stakes.
Other indicators: delayed salary reviews, senior staff leaving (and not being replaced, because money) or minority shareholders trying to sell their stakes.
Weekly lunch for a whole company isn't a huge deal at a startup, and it's not going to shorten the runway much. But when you've suddenly got 10x or 100x the original employee count it starts to look less pleasant. By the time a company is spending several salaries worth of money on free lunches, it probably looks tempting to cut them. (And it's probably less destructive when everyone knows the finances are going strong.)
But I feel like I've seen both sides: Growing out of childhood and falling into senescence. The next time I see this pattern, I'll leave a couple years earlier.
I've just been looking forward to it.
(In my experience, if someone really deserves it then either a bonus or an out of cycle raise or promotion will be given, I've gotten both.)
Being my first FT position after finishing school I wasn't sure what to expect for reviews/raises/etc.
If your a jr software engineer you should be having regularly scheduled performance reviews. Everyone should be having at least yearly performance review and salary increase (unless you don't deserve a raise, I guess). You shouldn't be going a year and a half without a raise.
Push for a review, insist you need formal feedback on your performance as a jr. During the review bring up salary increase.
The job I worked when I was jr had a 3 month review and a 6 month review, and maybe a 12 month review. These reviews on came with small raises depending on performance. Plus everyone has a yearly review at the same time of year.
(But sometimes someone's performance is strong enough to warrant not waiting for the yearly review/salary increase)
Yeah I'll bring it up - I'm not sure how "important" it is compared to other day-to-day meetings and such with managers, but hopefully they can find time for it.
Thanks for all the input thus far I appreciate it.
It's served me well to have at least one interview per year with a different company in your field to see what they're offering. Doing this has really helped me understand what the market is willing to pay for my skills, and has more than once caused me to shift the direction of my career because the work they were doing was interesting enough that I switched jobs.
You don't necessarily have to accept the job, and I would caution against switching jobs every single year, but I've definitely found the experience helpful. It also forces you to keep your CV up to date, and it's also great interview practice. I've definitely taken lessons learned from my various interviews and applied them to interviewing candidates for our company.
That sounds like really good advice: finding out what's out there, getting interview experience and stopping that "fear of change" feeling you can end up with when you work for one company for a long time.
That's what I'm dealing with right now. I've been 9 years at the place that I started at, right out of college. Missed some signs of a downward slide that I should've recognized, and I feel like my current team is a "dead team walking", just waiting for the company to find a way to get rid of us.
So I've got pressure to move on, and my most solid options mean moving my family. If I'd been searching over the last couple of years, I'm sure I could've found something cool and suitable, but still in my current area.
In the "never" case, not that you never got a raise, but that there was no "review" component. Just a notice of your new salary.
When I was working for a big consultancy (many years ago) it was common to get a review after rolling off of a client engagement.