It’s all anecdotes but I’ve found that jumping has raised me incrementally, but I’ve never had a job I’ve truly mastered, nor have I had a job where they rewarded longevity.
So those two variables mean it’s continuously adapting and learning but not mastering anything yet (in order to grow and survive)
And your replacement probably got paid more than you so that could have just given you the raise and avoided the loss of institutional knowledge, but nah.
That’s likely more accurate than not. The road to better pay increases across the board is sadly often paved with bitter workers who left for greener pastures.
But that leverage is more worker-centric at higher compensation levels. If you have hard-to-find talent you gain leverage in your ability to advocate for what you want/need.
The trick is finding jobs that synergize to an broader overall industry. If you’re moving every 3yrs or so that’s plenty of time to learn many of the specifics of the job and markets you’re in. You treat each job as a training assignment for becoming an expert in the field.
For example
If you start out marketing for a pharmeceutical company
You’re next move could be marketing for a bio-pharma company
After that you move to marketing for phjarmaceutical ingredients
After that you move to marketing for a drug delivery devices
Then you can go to medical devices materials
Yep, never gotten a raise that was more than a COL adjustment (and in most cases that was only because the employer was legally obliged to).
I’ve been promoted to take on more responsibility, but pay was never reflective of that. The new job title is basically what allows you to get the higher pay at the next job.
It’s all anecdotes but I’ve found that jumping has raised me incrementally, but I’ve never had a job I’ve truly mastered, nor have I had a job where they rewarded longevity.
So those two variables mean it’s continuously adapting and learning but not mastering anything yet (in order to grow and survive)
And your replacement probably got paid more than you so that could have just given you the raise and avoided the loss of institutional knowledge, but nah.
That’s likely more accurate than not. The road to better pay increases across the board is sadly often paved with bitter workers who left for greener pastures.
But that leverage is more worker-centric at higher compensation levels. If you have hard-to-find talent you gain leverage in your ability to advocate for what you want/need.
The trick is finding jobs that synergize to an broader overall industry. If you’re moving every 3yrs or so that’s plenty of time to learn many of the specifics of the job and markets you’re in. You treat each job as a training assignment for becoming an expert in the field.
For example
If you start out marketing for a pharmeceutical company You’re next move could be marketing for a bio-pharma company After that you move to marketing for phjarmaceutical ingredients After that you move to marketing for a drug delivery devices Then you can go to medical devices materials
NOW YOU ARE A MARKETING EXPERT IN HEALTHCARE
Yep, never gotten a raise that was more than a COL adjustment (and in most cases that was only because the employer was legally obliged to).
I’ve been promoted to take on more responsibility, but pay was never reflective of that. The new job title is basically what allows you to get the higher pay at the next job.