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> though I think all of us have known that the ever-increasing TC wars amongst big companies was unsustainable

Just wow! What about ever increasing stocks? ever increasing returns on VC funds? You've gotta be kidding.

Okay, I understand that came across pointing, but I hope you know I'm not pointing at you. I'm pointing at "Market Rate" salary fixing, etc.

And I don't disagree with that! My point is that the increase we saw went beyond salary fixing. I'm talking seeing TC offers that were more than just stock, and often a cash component, in many cases double for the same job/level at the same company over two years. Where you saw people with no experience hired in at rates significantly higher than high-performers who had worked at a company for a number of years.

Do I personally regret not taking some of those insane offers when I had the chance (prioritizing pay over working in a position I know I wouldn't have enjoyed)? Yes, I do. But I also knew in 2021 and even mid-2022 that none of the offers that were going out were sustainable long-term.

Watching FAANG offers nearly double over two years was not sustainable and anyone who thought that it was is delusional.

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