Well if they are unhappy with their job you could probably offer the same… But I am not switching jobs from something I like to something unknown without a minimum of 10%. So $150k is more reasonable.
Going from a reasonable job to an unknown is a significant risk, it needs to compensate that risk appropriately.
If I hated my $135k job, I may take a very small pay cut but I’d really have to hate the current place, enough so that I couldn’t stand a few months more of searching for something better.
If I like my current role, well that risk premium grows significantly. They’d also have to find me, I’m not actually looking if I like my job.
If you wanted someone making 135k to come work for you, then you should probably pay at least 140k.
Greed. The answer is always fucking greed.
Well if they are unhappy with their job you could probably offer the same… But I am not switching jobs from something I like to something unknown without a minimum of 10%. So $150k is more reasonable.
This.
Going from a reasonable job to an unknown is a significant risk, it needs to compensate that risk appropriately.
If I hated my $135k job, I may take a very small pay cut but I’d really have to hate the current place, enough so that I couldn’t stand a few months more of searching for something better.
If I like my current role, well that risk premium grows significantly. They’d also have to find me, I’m not actually looking if I like my job.
That’s just me showing my poverty. 5k would be a lot for me, but not for someone who made 135k a year.