"[...] I do not think everyone should get raises/promotions every year in a small company.” – Head of Product at a startup (Millennial, US) See, here is th

"[...] I do not think everyone should get raises/promotions every year in a small company.” – Head of Product at a startup (Millennial, US) See, here is the problem. If the company is increasing its earning then i want a raise too, because i contributed to that increase. And if the company is not increasing its earning i might look around because the company might not be doing so well. Due to inflation and other factors, cost of living is increasing anyway, so either way you should give out some form of raise every year (at the very least). As another millennial... GenZ'ers just got this right. I had to live through this and understand it, but it seems to be natural to them, somehow? They just got this right, and most people can (should?) only learn.