> I don't really understand this article, or the current trend of job hopping.
The answer is in your comment: your friend who started recently at Intel is getting more than double the salary of the long-timers. What's not to understand?
I like your view. The thing is people are constantly resume building these days. And that resume is never done. You get a good job? Wouldn’t it be great if you got your name on a couple of cool things in your new place? After that returns start diminishing and people are quick to leverage and move on.
I came to CA hoping to find mad coders lost in thought of their projects. All I see are career athletes
The problem is that his view has cost him millions of dollars. Not job hopping is a multi million dollar error his the part of them and their colleagues.
Eh, but I'm at the end of my career: in hindsight, what would I have done with that extra salary? Bought a new BMW every year, or owned a "premium beige" McMansion with a pool? Or two McMansions?
I'm not a status-shower, and the salary increase wouldn't have been enough to be filthy rich (e.g., buy an island). I can't complain though: I ended up about to retire a multimillionaire despite not job-hopping. But I was lucky, I guess, my first mortgage was $600/mo just outside the Bay Area and I sold for ~8x what I paid after living in it for decades. Plus early in life I was forced to pick cheap hobbies that I stuck with: reading and backpacking. :)
My only regret is not taking better care of my back cuz now I can't sleep on a Thermorest+eggshell anymore, and all the fiat currency in the world can't fix that. Feh!
Wow, yeah what a different market. Even with a high paying SWE job, home ownership for me (mid twenties) continually feels like an always increasingly expensive goal that grows more distant of achieving.
Cool to read though about what you posted earlier!
I value my time and attention. For example, right now I can work on a project that would impress my managers. Or I can work on what I think is the pressing, fundamental problem. Both are trade offs but I feel weird when I have to be blind to my own interests. What am I doing with all that money?
The answer is in your comment: your friend who started recently at Intel is getting more than double the salary of the long-timers. What's not to understand?