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this post was submitted on 22 Feb 2024
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That can vary widely across industry and circumstance. I’ve stayed with the same company (granted through a couple mergers) and grown my comp more than 10x in that time.
And while I’m not at all advocating for being any more loyal to a company than they are to you, I can definitely say seeing a big string of quick flips in jobs in their resume is a big red flag for me when hiring people.
I don’t mind people having a practical attitude to comp, but in my line of work at least I find it takes a good few months of orientation for someone to start adding real value anyway. Definitely not something I’m looking to repeat all the time with folks I hire. Granted, I also work damn hard to earn some loyalty and put “my money where my mouth is” for my people, I’d often not the case.
In any event, I’d definitely agree you’ve got to keep a close eye on your own self interest. You may run into bosses and companies that will do right by you like I have, but there is sure as hell no guarantee of it and precious little way to tell the difference till you’ve spent time there.