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Should I actively look for jobs or focus on promotion?

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Entry-Level Software Engineer at Taro Community5 months ago

I started working as an entry level engineer at my current company a little over a year ago.

I'm working with my manager to aim for promo in this next half (cycle would take place at the end of the year) to go from L3 -> L4. We both feel reasonably confident about putting up a packet. I also really like my manager and my team. I feel that I'm learning a lot and have decent WLB. Additionally, the L4 compensation range at my current company appears to be near top of market.

However, the L4 -> L5 promo timeline at my current company appears to be somewhat slow (2.5-3 years) and there's always some risk that the promotion doesn't go through this cycle.

Is it worth passively looking for jobs on the side to cross promote to L4 or should I just focus that time and energy on building a stronger promo packet for this half?

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Discussion

(2 comments)
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    Tech Lead @ Robinhood, Meta, Course Hero
    5 months ago

    So you have:

    • Good manager who supports your promotion
    • Good teammates
    • Competitive pay
    • Work-life balance

    I don't have full context here, but leaving this job (or even just devoting substantial energy pursuing that potential) seems like a bad idea 🤔. Most engineers would kill to be in your position.

    However, the L4 -> L5 promo timeline at my current company appears to be somewhat slow (2.5-3 years) and there's always some risk that the promotion doesn't go through this cycle.

    2.5 to 3 years is not slow for L4 to L5 - It's actually quite fast, especially given the market. Even when the market was good, mid-level engineers at Amazon and Google often took 4+ years to make the jump to senior.

    I highly recommend the promotion course - It seems like you should just ride this gravy train while it lasts: [Course] Nail Your Promotion As A Software Engineer

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    Tech Lead/Manager at Meta, Pinterest, Kosei
    5 months ago

    I would stick around at least until you get the L4 (mid-level) promotion, since you almost have it. This has two benefits:

    • If you want to come back to the company, you will come in as at least L4
    • For other interviews, you effectively set the floor to be L4 (sounds like your company is paying top of market and likely to have a good brand)

    However, 2.5-3 years for the subsequent promotion is a long time. First lock in the promo, then explore external opportunities where you could grow faster.

    One note on that, though: if you decide to interview, make that an active decision rather than passive. You ideally want 5+ interviews lined up to increase the chances of getting multiple offers and gaining leverage.