Ask HN: Is it really a good time to switch jobs?
I know that I am probably overthinking but I would like to know your opinion on this:
Is it really a good time to change jobs? I'm receiving offers double my current salary but I'm a bit worried to change due to the latest uncertainties of the tech market and layoffs going on. I'm afraid to switch and since I'm the new guy on the job to be the easiest one to go. Of course that doesn't mean that I wouldn't be laid off from the current place that I'm at but I think the probabilities are lower since I already got some responsibility and experience and I know that the company business is doing pretty good.
2 comments
I personally think it is unwise to do it now. Times are just too unstable and who knows what will happen. Recession is upon us and the inflation is huge. Do what you think is best for you, if you are an expert in your field there shouldn't be any issues but if you are "replaceable" then be careful. Whatever happens, make sure to invest in yourself because that is the only way to fight inflation.
I personally think it's a bit too unstable if you are in the US, given the recent news about layoffs and the overall general feel about the health of a lot of startups.
In Europe, these problems still exist, certainly, but, it's a lot easier to find places/companies that can be deemed as healthy, or let's put it like this, that aren't making the news headlines.
I would propose that you do your due diligence and investigate the business, company, maybe even some of the C-Level people... It can be perfect or terrible, it just depends on each and every individual case.
About the offers themselves: Double the current salary feels a bit too good to be true, so, if a large part of this salary is paid out in equity/stocks, this can tie to the point above about evaluating the health/runaway of the company and how it's been doing over the last few months at least.
In Europe, these problems still exist, certainly, but, it's a lot easier to find places/companies that can be deemed as healthy, or let's put it like this, that aren't making the news headlines.
I would propose that you do your due diligence and investigate the business, company, maybe even some of the C-Level people... It can be perfect or terrible, it just depends on each and every individual case.
About the offers themselves: Double the current salary feels a bit too good to be true, so, if a large part of this salary is paid out in equity/stocks, this can tie to the point above about evaluating the health/runaway of the company and how it's been doing over the last few months at least.