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I've had the same experience - going to do the same job for another company is how you end up with 20% or more increases in pay. I've never gotten more than 10%
by clipradiowallet 5y ago
I've had the same experience - going to do the same job for another company is how you end up with 20% or more increases in pay. I've never gotten more than 10%(and that was just once) from a current employer. What's worse, if you do get the 10% bump, their attitude shifts to thinking you owe them for it - or at least my employer's attitude did.
- ryandrake 5y agoThis gets brought up here lots, but the whole "leave for 20% more pay" thing only is true earlier in your career. You will eventually plateau. Your next job switch will maybe be 15-20%, your next one 10-15%, etc. until you reach the inevitable compensation plateau. I'm over 20 years into my career and my last job change was for +1% or so, and I looked! No company would offer more.
- nly 5y agoSo then your strategy shifts, right? You start looking for more interesting, novel, less stressful or more stimulating work for the same pay.