4 ms·
Raises that are a percentage will compound over multiple iterations, that's what he meant.
by vikingerik 4y ago
Raises that are a percentage will compound over multiple iterations, that's what he meant.
- quickthrower2 4y agoOnly given the following conditions: * You stay at the same company * They are happy to pay above market rates and keep giving you raises even if you are paid over market rates. This would be the exception, and probably for some real specialist stuff. If I get a 10% raise today, it will have no impact on my 2030 salary. Getting more stock might be a different thing if you are very lucky and the ducks line up.