Job hopping can have a high ROI for junior people who enter the industry at the bottom end of the compensation curve. Someone starting at a $60K entry-level job

Job hopping can have a high ROI for junior people who enter the industry at the bottom end of the compensation curve. Someone starting at a $60K entry-level job at a small, no-name company generally has no good options for significant salary increases other than changing to another job. On the other end of the spectrum, someone who joins a Big Tech company right out of college has a lot to gain by staying, learning how the promotion system works, and then working their way upward through the promotion ladder. I think the job-hopping advice has lost a lot of context after being reduced to a short aphorism. The companies that compensate toward the top end of the curve are actually great places to establish long tenures and move up the comp ladder. The longer you stay, the more allies you have within the company and the more knowledge you have of how the system rewards people.