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Does employees get salary growth with as startup grows?

I have been working as engineering manager in a startup. I was promised remote job but now company calling to office location. In current year, the company didnt give more then 5% salary growth and keep promising growth in the future as company grows but do founders or top management really care about employees? I seen one of my ex company its happening but not sure if founders really keep their promises about employees will get salary growth as company grows. I feel they take lavish salary but keep the employees underpaid. Let me know your thoughts or your own experience. Work life balance is good though so I don’t want to really leave the company it actually it happens

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ElonTusk

Startup

a year ago

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stupidusername

Stealth

a year ago

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ElonTusk

Startup

a year ago

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AITookMyJob

Startup

a year ago

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stupidusername

Stealth

a year ago

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SameRap89

UrbanPiper

a year ago

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by AlphaGrindset

Series A Startup

The Generalist - #1: Why you should not stay only in startups

Hi folks, thinking of writing a regular mini blog here about my learnings being a generalist in the ecosystem. I currently handle growth at an ecom startup and have previously been through 2-3 startups + a large corporate in my 7 year career. #1: Why you should not stay only in startups Recently started reflecting on salaries of many peers who are also startup folks and trying to see where it stands. There are 3 cohorts: a. People who started out in Big 4/Corporate & then became a generalist: They've been underpaid the most. First pay was 4-5L, and when they transitioned to startups, started at 7-9L. Over time, growing from there is difficult without MBA. b. People who have forever been in startups: They earn more than A on average. But here too, there is a delta in their salaries vs. people with same YoE who went to an MBA and are in corporate now. Side note: I've seen this cohort has usually loved what they've done, and being in startups definitely has positively impacted their thought process. c. People who went to a corporate/big tech etc. mid way: This cohort has done the best long term. Their pay got recalibrated when they went to a larger company in the middle through their career, and when they rejoined startups, they were respected more in salary negotiation. This is to anybody out there who is a generalist and sees a similar path. Try to sandwich a proper, large company in your career. It gives you perspective on whether you like it and if startups is really your preferred route. And it also recalibrates your pay. Startups will limit you basis your last salary. Corporates have standards basis bands. Just something to think over. NOTE: Do share feedback, if this makes sense. And if you'd like to read more of these too.