Someone I used to work with gets paid a truly ridiculous amount of money because she changes jobs around every 14 months to 2 years. She hates every job she takes and is constantly worried that her boss hates her in every role. I don't think she's happy, despite the huge pay. I'd rather be happy. I work to live, not live to work.

Yeah the new strategy is lateral climbing. Companies don't value loyalty and don't give raises for sticking around anymore, so fuck em.

I laugh at people bitching about their pay. Move. On. Why would the company suddenly throw you a 20% raise!? Out of the goodness of their heart?

My last 3 jobs (top pay): $14 -> $22 -> $39. At this point I could probably jump ship for more but I'm quite content to retire out of this place.

Stay put 3-5 years, gain experience, jump. When we moved here my buddy took a job at an oil change place, barely above min wage and far below his skillset. Kept job hopping and now he's making $120K+.

...I should look for a new job, perhaps

It’s sad how true this is. I quit my job and went to work for another company for a year. The previous company contacted me wanting me back, and hired be back after a year for $15k more than before. I’ve been there a year now and got a 3% raise. Probably should just quit again and get rehired

I was born into a family run company. Gave them 10 years of my life. The first few years I worked really hard and got a 2-3 dollar raise. Shortly after, minimim wage went up to 50 cents below what I was making. I did not get another raise until 2-3 years down the line. Regardless who your employer is, get treated fairly or leave for somewhere that will treat you fairly.

Join a union job.

Sad, but true. First 7 years of my software career were split between two companies and despite 3 promotions and exceeding expectations in reviews regularly, salary growth was between 2-5% YoY.

Most recent 5 years of my career I've changed jobs every 6ish months and am now averaging about 40% YoY salary growth.

Telling your manager how shit they are is very satisfying too

I've been with the same place for about 16 years. I wasted a lot of time staying in one department trying to be the best employee. I've moved repeatedly just within the company. Because moving within the company is pretty easy to do. The yearly pay raises I was getting was garbage. By moving departments and renegotiating my pay I've effectively doubled my pay from 4 years ago.

When there's no incentive to stay but all the reason to go...

I read a few times that there is a breaking point between people who switch jobs every 3 years on average. Any less often you make significantly less at retirement.

I'm sure there is a value that's too often but I've tried to stay pretty close to the 3 year mark and we make about 5x what my wife and I wanted to make at retirement.

It sucks but it's true. These days, loyalty just means you're easier to take for granted.

Yep, a medium sized youtuber that worked as HR said this to everyone that is looking for a raise: change company and come back.

Always good to know what you are worth and keep interviewing skills sharp. But yeah, you could wait years for a promotion (more responsibilities!) and it only be 10% whereas a lateral move at a new company could be higher pay for the same type/amount of work. Crazy, right?

I laugh at people bitching about their pay. Move. On. Why would the company suddenly throw you a 20% raise!? Out of the goodness of their heart?

My last 3 jobs (top pay): $14 -> $22 -> $39. At this point I could probably jump ship for more but I'm quite content to retire out of this place.

Stay put 3-5 years, gain experience, jump. When we moved here my buddy took a job at an oil change place, barely above min wage and far below his skillset. Kept job hopping and now he's making $120K+.

I have been working at my current company for two years. Because China's economic environment is not good, I have never dared to leave this job.

I get what the market gets, we pay the average for your age, experience and some other factors. So I get a bump anyway since I am older and have more experience every year and when the market gets a bump that adds to that. So it is somewhere between 5-15% per year. Except for this year where somehow the average pay went down and I got zilch. Still the company is fully owned by its employees (I make like 3k a year from dividends, not a lot but it is basically free money) and the benefits are great. So not eager to jump ship just for a pay increase.