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I would be interested to see this after switching every 2 years for a couple decades. It goes up 20% each switch, but there still has to be a ceiling where th
by FrustratedMonky 2y ago
I would be interested to see this after switching every 2 years for a couple decades.
It goes up 20% each switch, but there still has to be a ceiling where the company can just hire 2-3 young people for the same price.
- s1artibartfast 2y agopresumably they also change roles over those decades and accumulate experience that new hires would not have.
- Scubabear68 2y agoYou have to be careful with percentages in this context as well. People care far more about actual dollar amounts then percentage, for good reason. Consider someone making $60,000 getting a 10% raise vs someone making $200,000 getting a 5% raise. The first will get $6,000 more per year, the other will get $10,000. These days you also have to look at total comp as well.