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Comment by patrickmay

2 months ago

It's a real problem. I saw people boomerang back to Google after 18 months at one or even two levels higher, much faster than they could have been promoted internally.

The changes to compensation also make it worse.

The 85%ile of L used to be above that of the lowest 15%ile of L+1 so in the year that you demonstrate L+1 you'll get compensated as L+1.

Now, the 85%ile of L is less than that of the lowest 15%ile of L+1 so until you actually get promoted there's no real compensation difference. Which makes leaving for L+1 so much more attractive (and also going above-and-beyond less attractive).

This seems to be a near universal phenomenon and I wonder if there is any behavioral research explaining it.