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I’ve only seen tenure rewarded by below-market compensation. Except for one case where a lowly guy eventually became the vice president because he out lasted (
by BobbyTables2 8mo ago
I’ve only seen tenure rewarded by below-market compensation.
Except for one case where a lowly guy eventually became the vice president because he out lasted (in lean times) everyone who was promoted ahead.
- ebiester 8mo agoTenure, in this case, is rewarded by not being laid off - because this person had old knowledge and friends with people who were in power and knew them from earlier in the company. It absolutely does happen. But I have also seen people rise through the ranks by just being there long enough and being competent. That said, it is not a way to maximize wage growth or general career progress by any stretch.