What sorts of reasons make people leave big tech? I recently received an offer from a tech start-up is super interested in my candidacy and they're moving what they can to try to match compensation. The move includes a promotion. It also seems like I'd have access to career growth and learning due to people there wanting to work with me to help me succeed.
However, no matter what they do, they won't be able to match the compensation I'd receive within a few years, assuming I grow into a senior engineer role and stay at a big tech company. I see driven, career-focused individuals moving out of FAANG-like companies to start-ups and non-FAANG companies, so I'm curious: what drives people to do so? When is this the right career move?
First, I heavily recommend the following resources:
Going from Big Tech -> startup is one of the most common career moves among talented, driven engineers and the primary motivators are usually a desire for:
FAANG-like companies are great and all, especially for compensation, but the simple reality is that it's far too easy to hit a scope and growth wall in companies so large. We cover this more in our in-depth discussion here: "What's the difference between Big Tech and startups in terms of learning and growth?"
I see driven, career-focused individuals moving out of FAANG-like companies to start-ups and non-FAANG companies, so I'm curious: what drives people to do so? When is this the right career move?
In a nutshell, it's generally when you don't value compensation as much anymore and you're hitting diminishing returns on your growth staying at these massive companies.
My advice for you on how to figure out if and when this is the case for you is: Listen to your gut. Trust me, when you feel like things aren't so rosy in your cushy FAANG job anymore, your gut will tell you. 😉
A few common reasons people leave Big Tech: