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Post-Pandemic Pay Problems For Software Engineers
If you’re a ‘loyal employee’, expect to be worse off.
It’s already widely known that the only way to get paid market rates for your skills as a permanent employee in the software engineering industry is to change jobs regularly.
Staying with an employer, no matter how much they thank you for your hard work and loyalty, will always erode your pay with respect to everyone else as they simply don’t increase your pay enough every year.
It’s even worse now.
As we emerge from the pandemic, pay likely frozen for years, inflation creeping higher, company profits have improved, but all we get are mandated company ‘wellness’ days and ‘back to the office’ emails.
Is it any wonder we’re leaving in droves to find employers who respect us enough not only to work remotely but also to pay us our proper worth?
