Big tech jobs are not what they were. Amazon made my career and "my life", but things have changed. Here is the good, the bad and the ugly of today’s big tech job options:
(1) The Good
- Great Comp.
People may want more, but tech worker pay dwarfs everyone except Wall Street traders.
- Incredible platforms for scale and impact.
What you work on will be seen and used by millions, possibly billions. A lousy feature from Google or Meta will get 100x the traffic that a startup would sell it's imaginary kidney to have.
- Slow but consistent growth over time.
Put in the years and you can get the levels and the pay.
(2) The Bad
- Slow but consistent growth over time.
The days of adding tens of thousands of employees are gone. Amazon grew 100x in my 15 years there, and the stock went up 9082% (I checked).
Revenue has grown 67x since I started. Another 67x would make Amazon's revenue larger than the US Gross Domestic Product. It simply cannot happen again.
- Rocket-ride careers are largely over.
The exception is if you happen to get in early to a hot new division, but your odds of this are no better than finding the next unicorn startup.
- Increasing bureaucracy.
Every person I coach across Apple, Google, Meta, Amazon, Microsoft, etc. tells me of policies, politics, and waiting lists around progression.
(3) The Ugly
- Most of big tech is either still laying off or not hiring. The pre-pandemic hiring sprees are still being washed out in the name of efficiency.
- For most of these companies (not all), there is increasing return to office pressure.
- Big tech still has worse-than-average diversity stats.
Who can benefit from big tech jobs today:
(A) People well along in their careers looking for stability and a fat paycheck. You can put the career on cruise control, add a blue chip line to your resume, and pay off the mortgage/college tuition with the comp.
(B) New graduates. Spend a couple of years getting that blue chip resume line and exposure to the tools, scale, and thinking. They may no longer be fast and agile, but they are massive and powerful. They are like battleships. They can't turn fast, but they are nearly unstoppable.
(C) People like me (at the end) - Those looking for a line of sight to "retirement" or a second career of their choosing.
Who should leave or look elsewhere:
(D) Those who can afford higher risk / lower short-term compensation that comes with the potential to grow faster.
(E) Anyone who cannot stand being part of a large, slow system.
(F) People who have already gotten any "scale" and "top performer" credentials they wanted from a big tech job. Now that you have the "credential", you can "graduate" to something with less overhead and more potential.
Readers- Thoughts about the state of big tech careers?
• • •
Missing some Tweet in this thread? You can try to
force a refresh
I became an Amazon Tech VP because I made decisions that turned into money. Coding skills, a "hard skill" did not matter despite the "tech" in my title. All your hard skills will be irrelevant soon, so learn from my experience:
Now, when I say that my hard skills were irrelevant, I am not saying that I would have been better off without them. My training as an engineer allowed me to begin my career and progress as a tech leader, though I quickly stopped coding and eventually limited my architecture reviews or technical roadmapping.
By the time I was a Director at Amazon, my technical skills only served as the stepping stones that allowed me to become a business leader. I was promoted to VP because I showed that I was decisive, persuasive, and resilient when leading the business towards positive outcomes.
My best year at Amazon I earned over $2M. My target comp was "only" $900k. I did not get there without negotiation. Here are a few of the negotiations that got me there, both wins and losses:
1) First negotiation (Carnegie Mellon)
This was my first job, and I was a low-paid research staff member of some sort. I was earning somewhere between $18k and $24k. I had just finished my MS, and I complained to my boss, who was an advocate for me. He used my recent graduation as a reason to bump my salary.
My pay went up to $30k, which was a big raise.
I pushed. My manager advocated.
The lesson: Your manager can be your biggest ally, and this helps a lot. But you need to speak up. The squeaky wheel gets the grease, as they say.
2) My biggest mistake (startup equity)
A few years later, I had an offer at a startup for ~$40k + 6,000 shares (pre-IPO). I declined.
8 months later, I ended up coming back to the company and accepting an offer with them for $45k + 1,500 shares (post-IPO, worse terms). Those shares were worth around $100k. I had done pretty well.
But my roommate at the time had accepted an offer with the company when I received my first offer. His offer was similar to mine, and the IPO had made him a millionaire at 25. I missed that chance.
Lesson: Equity provides an upside that cash never will, and timing can matter more than anything. I thought I had made a “safe” decision by not accepting that job, but it could have been the biggest windfall of my life.
My first VP at Amazon was not excited to promote me. I was promoted anyway by performing, pushing for a reward, and having leverage. You can do the same.
My VP was old school Amazon. He wanted people to pay their dues. Even though I was performing well, when my peer was promoted by another VP he characterized it as that leader whining about it and his boss caving in.
Not exactly an enthusiastic endorsement of rapid career progression.
Despite this, I wanted to move up, so I thought carefully about how to put pressure on the situation:
1)I had shipped my product faster than expected.
2)I had fought for a partnership that ended up working out well.
3)My peer’s promotion, whether my VP liked it or not, set up a clear comparison that favored me.
4)I very politely made clear that I wanted to be promoted or I would look outside
Your invisible hard work cannot be rewarded. You cannot count on your manager to notice it. Here are three humble solutions to be noticed.
These things may be "unfair" but they are not "malicious." They are not on purpose.
You manager is busy. Your skip level likely has 30 to 75+ reports at your level. Even with good intentions, they cannot stay on top of the good work you do silently.
I did not have work/life balance on the path to becoming an Amazon VP. My health suffered and I didn’t spend much time with my family. The modern world of work is a clever, two-part trap. Here’s how it works and how to escape it:
Part one is our own goals and ambitions as professionals, parents, and people. We’re often crushed by the weight of our expectations, wanting to be great workers, great parents, and also super fit and healthy.
This is an impossible balance for anyone to strike.
In my case, I let my health suffer to be more successful at work and get more pay. Many people try to “do it all” and end up feeling like they’re failing at everything.
Want your new project to be a game-changer? Before you launch, consider these three questions Jeff Bezos uses to assess executive proposals.
Jeff Bezos’ 3 question test for new ideas:
1. Is it real?
The Translation: Is this project feasible right now, or is it based on futuristic, unproven technology, or an unrealistic market condition? You must differentiate between ambitious but achievable projects and those that are simply unrealistic.
2. Is it worth it?
The Translation: Does this opportunity offer a substantial return on investment or fulfill a significant market need? Executives focus on initiatives that impact revenue or reduce costs. It's not enough for an idea to be feasible; it must also offer substantial benefits to the business.