I got laid off but I was already looking beforehand so it worked out. I’m currently getting reached out to by big tech and startups. I’ve noticed that startups are paying more by $20-40k. This might be a stupid question but do you go with more money or the established company?
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If the large company is doing well, you can usually make better money with them.
I personally prefer small companies though, because the work is often more interesting and more challenging. Large companies also have a lot of politics to deal with, which I do not like.
Depends on you and what you are looking for.
Startups can offer opportunities to grow as they grow. In other words, the potential to make more and to be in a positive leadership role, quickly.
When interviewing, you should be able to tell what their vision is - how and why this company started and what are doing to build business.
Many spend their entire careers at the Giant Corp’s and do not advance
At Oracle from what is revealed in the threads of this site, promotions are not made by being capable.
The reason that many competitors would not want to hire Oracle Mgmt is because many have reputations for mistreating employees and do not want that negativity.
There are good people & good companies hiring.
“ Nobody wants to hire Oracle Mgmt.”
I would say no one wants a manager whose whole career has been at o. based on anecdotes. I guess working at o as a manager for too long isn’t a positive.
There a great shift going on in most industries. Big Corps are forced to downsize due to people figuring out while working at home away from Big Corp Bureaucracy often doing the same work for some of the same customers at a lower price. Startups are saving many a lot of money and former Big Corp employees are making more. Big Corp name is no longer important. The levels of management and brick and mortar mean nothing to customers. Getting the work done for much less does.
Most startups are created by ambitious individuals that value customers and employees. Positive Leadership & employee training are changing various landscapes.
Oracles dysfunction is good example.
Laying off the top producers has been gift to the completion. Investors love good startups.
Oracle focus on short term stock price and not investing in employees and products couid care less about long term growth is the best thing that’s ever happened to customers & stsrtups. Many have lesrned how to help Oracle customers unsubscribe less expensively which customers can recover much quicker using startups with better and cheaper products.
Things change. The tech industry is overdue. Oracle knows what is going on. They know it’s time to shift their business model. This layoff is different from all the others.
It’s amusing to see HR and VP posts. They have no clue they are sitting ducks. There time will up much sooner than they think. Employees can get good jobs after being at Oracle. Nobody wants to hire Oracle Mgmt
which is a result of people working at home, tired of the big corp politics an Much money was made available for startups & Esp for minorities. M
go with money? Unless you have other priorities that can be met with a big company?
Startup doesn't offer good work life balance.
Thanks for the input! Really appreciate it. Yes, startups are paying more, at least in the Bay Area so worth a check.
Thanks for sharing. I might take a look at startups because they usually pay less than big tech. At least in sales and account management.
Would slightly bias an established firm for the next 18 months given the economic outlook, but again it depends on your risk tolerance and career goals.
A wise person once said, “when considering your next home, seek out a shallower basement and higher ceilings.”
Just like 401k investments, it depends on your "risk tolerance". Age, responsibilities, industry sector and so on.