I am actually thinking a lot about changing my current job at a reasonably big fintech company.

Background: I am an intermediate developer who joined this company about 1 and a half years ago. Before that I worked at another medium sized local company for about 6 months, and before that I worked 1 and a half years at a local start-up which was my first job as a dev.

Reasons for leaving current job:

  • I feel like no manager / senior engineer cares about my growth here. I have not had a 1-on-1 in 5+ months (my team finished our last project, my previous manager jumped ship even before it, and after that there was an organizational re-shuffle and the manager in my new team is soon leaving so he DGAF, with no replacement in sight). Senior engineers are too busy to even think about it. If it continues this way I am sure I’ll be overlooked for promotion next review cycle (I know promo is not guaranteed but with no Manager to work with towards promo and put up my case to higher ups promo seems really difficult)
  • I am absolutely NOT loving the current project (it’s basically replacing old code with new, and by old I mean 20-25+ years old code which no one in the org knows how it even works).
  • I do NOT like the tech stack in the new project (it’s Java, a language I did not want to work with. The previous project was with JS which I was more comfortable in). Ideally I would love to work with Rust or Elixir or JS/TS.
  • Despite finishing the previous project on time, my team got paltry raises and 1 promo (from a junior to mid, which is seen as auto in the company).
  • I want to work hands-on on a fast-paced project and build something cool, deploy it, feel closer to the users and the product, rather than being a small cog in a huge wheel.
  • I want a remote job, the company is bent on hybrid, which while not enforced strictly, I am sure they are monitoring which will come into play next performance review.

I realize my current job also has positives:

  • pay & benefits are good
  • work life balance is good
  • no pressure most of the time
  • teammates are good (it’s more siloed work now in the new team where I feel some engineers hide information from others just to get the edge, but overall good teammates).

Changing jobs too frequently will also make me look bad to future prospective employers, but at this point I am just not feeling the connection to the project and to the team anymore, with no one to talk honestly to. (and coz of recent organization re-shuffle zero chance of change in project). My original plan was to leave this company, if I had to, after getting a promo, but that now feels very distant, and with me being demotivated, even more so.

Am I thinking of switching too early?

  • neil
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    1 year ago

    18 months is the Holmes limit at Bank of America and Wells Fargo - they terminate you and let you know when you start that it’s going to happen. It’s normal in fintech. But don’t change without a funded and secured offer.

    • flakpanzerOP
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      1 year ago

      yes, not gonna quit without a signed offer letter in hand…

      • neil
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        1 year ago

        Thought I might follow up since I had an interview today - I never stop interviewing - and was asked about duration. My off-the-cuff response was “if a company invests in its employees, offers growth and promotes internally, then I will work for a place longer. If it does not and only offers a dead-end role with no appreciable growth, then I will look for that opportunity elsewhere.”