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Dec 10, 2020 at 0:57 history edited Joe Strazzere CC BY-SA 4.0
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Sep 20, 2015 at 12:00 history edited Joe Strazzere CC BY-SA 3.0
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Sep 18, 2015 at 23:56 history edited Joe Strazzere CC BY-SA 3.0
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Sep 17, 2015 at 23:08 comment added HC_ Thanks for this post. I had vaguely wondered about the same question as OP, since software devs are fairly "in demand". The part about "Some managers actually like to hire out-of-work folks. They feel that this status gives them leverage when it comes to salary negotiations." basically answers the question for me.
Sep 17, 2015 at 11:06 comment added tomasz I don't speak from experience, but an advice about looking for a better job that I've heard is that you should first save enough to be able to look for your job full time, and if necessary turn down less-than-perfect offers for as long as several months until you get one that is good enough, thus avoiding that financial pitfall. Of course, this requires some long-term planning.
Sep 16, 2015 at 22:53 comment added Steve Jessop @CortAmmon: another way to look at it is that if you don't have enough reserve to quit your job then you don't have enough reserve to lose your job, and should either be building it or perhaps insuring against the common causes of losing your job that are out of your control.
Sep 16, 2015 at 21:14 comment added Cort Ammon A key question to ask along these lines is how many months of reserves do you have? If you cut back spending to an acceptable minimum, how long can you have no job before you are forced to re-enter the work force, no matter how bad it might be? In some environments, like high volatility startups, it's common to have a substantial reserve in savings because you never know what will happen. In other environments, it is not unusual for developers to live hand to mouth because they know they can rely on a safe and predictable environment.
Sep 16, 2015 at 16:04 comment added Warlord 099 It might be worth noting that fielding phone calls and having interviews is not the same as having job offers. So not only might you feel pressured to choose a less-than-optimal job, but you might get to the point where you need the income and don't even have a less-than-optimal job to choose.
Sep 15, 2015 at 23:13 history answered Joe Strazzere CC BY-SA 3.0