I've been in technology for 15 years, mostly in HW, but with quite a bit of SW as well. I transitioned to product and project management 4 years ago, but the current company is not working out for me, and I had been searching for another job for almost a year.
Resumes sent to the big companies, even when it's through referrals, go into a black hole. I did get 2 job offers from startups, but they were only able to offer me half my current compensation package. With a family to support, I could not really take those offers.
I try to work on side projects, but with long hours at my current job, I basically have to give up spending time with my family in order to put in enough effort. I've been trying to fit it in by working late into the night, but I don't want to miss out on my child growing up.
So my choices are:
1. Keep working at my current job, where I feel no sense of accomplishment and no drive, have to warm the seat over 11 hours a day, but it's easy to work enough to keep my job.
2. Accept a dramatic salary cut at a startup, and subject my family to a drastic decrease in standard of living, for my peace of mind.
3. Quit completely, and work on projects until I find a sustainable project or run out of runway.
4. ???
My questions are:
1. For those of you in mid-career, how would you go about switching jobs?
2. I am currently stationed in a foreign country (Korea), does that affect my chances of getting a job in the US?
3. Am I overpriced? Based on Glassdoor, my salary expectations does not seem out of line.
Thanks for any insight you can give me. I'm feeling very trapped right now and getting a bit stir-crazy.
In many companies in the states I have worked as a consultant, product and project managers don't have direct reports. If I were you, I avoid becoming a project manager (PMP, SCM) like a plague, unless you see lots of upside financially in the short turn.
Even for a job as a product manager in the states, you will have hard time getting offers/interviews form established companies: these companies have lots of qualified local candidates for product manager roles.
If you were a graduate of an elite school, try your connections, thats the way to get your foot in the door.
I have avoided becoming a project manager: every mid-career guy without hands on is a project manager these days. Some have become consulting architects for VMware, Cisco, if they can talk tech. Others have got evening MBA from Columbia-Haas etc: even here, all these guys are planning to become C-level execs. But what I see now in the valley: Columbia-Haas MBA does not cut, except to become a senior product manager. Thats the case with Kellog, Chicago Booth, etc; I had seen a kellog MBA with prior experience as a product manager, working as a contractor for a startup.
Are you trapped? I don't know. What I can say is this: you have too competition to get a product manager role at top tier companies.