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I think its the best way to get a meaningful raise. Many jobs will promote you but still can't go more than 10% of your current base, max. While switching jobs

by pm90 6y ago

I think its the best way to get a meaningful raise. Many jobs will promote you but still can't go more than 10% of your current base, max. While switching jobs you can net a lot more than that.

giantg2 6y ago
It's 7% at my company. Not even worth it since they expect a 15% increase in hours and increase your responsibilities. Hourly, it's actually a pay cut, even if the yearly comp goes up.
- taway212 6y ago
  There is a flip side to this. As employees see this happen, they get jaded and stay in their position, then work less and less until they effectively get an hourly rate promotion.
  - giantg2 6y ago
    True. I'm living this right now.