This year I got a nice 7% hike and a 1.4 months bonus, which is considered higher than normal. I could end up with just 0.9-1 month bonus next year and a hike of like 3% in that case my estimate is correct. I am going to ask for another promotion and hike, hopefully will get it.malcontent wrote: ↑Sat, 29 Jul 2023 11:43 pmYou show a very modest increase in 2024, I assume you are being conservative?Wd40 wrote: ↑Sat, 29 Jul 2023 10:02 pmYeah, exactly. Offshore oil dude is a high achiever from what he has posted. in the past. Not everyone is a high achiever. I can only survive in my kind of company, with my kind of skills. So, it is not like I have a lot of choice.malcontent wrote: ↑Sat, 29 Jul 2023 9:33 pm
Doubling every 10 years is 7.2% per annum growth… I’ve definitely not achieved that, mostly because I’ve only gotten one promotion in the last 10 years and probably plateaued in my career — sounds bad, but when you get to a certain point on the ladder, you have to be careful what you wish for.
Since you’ve already achieved FI and can easily retire in India, maybe you could consider taking some chances in your job and putting yourself out there more, who knows? Worst case, you get fired and enjoy your life anyways... I should probably take the same advice myself, TBH. Nothing to lose, really.
The thing is I am working in my current company for like 8 years and I know the processes and have relationships with various global teams and this is valuable, it is not easy to replace me with someone and then them being able to gain these relationships and process knowledge. But if I leave my job and go to another place, I am not as valuable there. My skills are not really about some cutting edge technology or anything. Hence, I dont see myself being able to find another job, so easily.