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The highest paid people are often the ones with the highest tenure. Have seen many people at a company over ten years, making 1-2M a year, head and shoulders ab
by ldjkfkdsjnv 2y ago
The highest paid people are often the ones with the highest tenure. Have seen many people at a company over ten years, making 1-2M a year, head and shoulders above their levels comp bands. If you cant get promoted, then you have to job hop. But at some point, its really that you just arent that valuable.
- roarcher 2y agoI've seen this too, but it was because those people were early/founding members and got some significant equity or options package as a result. If you're not one of those people at your company or there isn't a high chance of your equity being worth something in the future, sticking around isn't going to lead to more money. I'd also note that in many of the cases I've personally seen, those people actually did leave at some point but came back, sometimes even multiple times over the years. They were valuable enough to the company (or at least were perceived to be by leadership) that they could pretty much come and go as they pleased.
- sed3 2y agoNot really, employment is too vulnerable position, too much liability, and too many taxes. Today such people get accused by someone, and promptly fired. Later they reappear as consultants.