In some countries the laws are such that it is very hard to give someone a pay cut (Sweden, for example). It can be done, but a big challenge. IMO, I think a

In some countries the laws are such that it is very hard to give someone a pay cut (Sweden, for example). It can be done, but a big challenge. IMO, I think a lot of employers that I have worked with really undervalued how expensive it is to hire someone. Another option is a company like Daily has a transparent, years-of-experience based, pay structure. So if you switch to a new role, it is clear how your compensation will change: https://www.daily.co/blog/rethinking-levels-promotions-and-salaries/ https://www.daily.co/blog/rethinking-levels-promotions-and-s...