In your early 20s, the key to growing in your career, especially if you have a job, is switching companies every 2-3 years.
Average case, if you stay in the same company, unless you're like the cream of the cream, your promotion & hike won't match what you get when shifting.
Average case, if you stay in the same company, unless you're like the cream of the cream, your promotion & hike won't match what you get when shifting.
Once you reach a glass ceiling level - like a managerial or a senior engineer position from which it takes a long time and lot of effort and luck to move up the ladder (early to mid thirties) - that's when you find some company you love to settle down and rise through the ranks.
Example: A very talented coder who joined with me at PayPal, left PayPal at 1y mark to work for Gojek in Bangalore. She left Gojek after 2 years there to go to Grab, Singapore.
Once in Singapore, she left Grab in 6 months to join Twitter.
Once in Singapore, she left Grab in 6 months to join Twitter.
Her salary went up by over 10x between her first year at PayPal and her fifth with Twitter.
She had a 7.8 CGPA when she graduated. But she was diligent, persistent, and a very practical, damn good female coder I ever knew.
She had a 7.8 CGPA when she graduated. But she was diligent, persistent, and a very practical, damn good female coder I ever knew.
This may not be the average case. But if you're diligent enough and put in a lot of hard work and always remain interview ready - you can at least 3-5x your salary in 5 years.
The hikes they give in MNCs or even Startups are peanuts compared to what you get when you switch.
The hikes they give in MNCs or even Startups are peanuts compared to what you get when you switch.
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