Shit, I refuse to stay in a job for 10 years. There’s no reward for loyalty anymore because companies will very quickly kick you to the curb when they determine their executives and shareholders aren’t making enough money.
And raises are a joke. The best way these days to get meaningful growth is to move companies every 3-4 years.
It definitely depends on your job and your industry. Coming up on 9yrs. Pay has climbed from ~$35/hr to $70/hr plus bonuses via promotions and yearly merit. Note that’s hourly so none of the “oh you are salary so you really work 60 hour weeks but get paid for 40” bullshit.
Shit, I refuse to stay in a job for 10 years. There’s no reward for loyalty anymore because companies will very quickly kick you to the curb when they determine their executives and shareholders aren’t making enough money.
And raises are a joke. The best way these days to get meaningful growth is to move companies every 3-4 years.
It definitely depends on your job and your industry. Coming up on 9yrs. Pay has climbed from ~$35/hr to $70/hr plus bonuses via promotions and yearly merit. Note that’s hourly so none of the “oh you are salary so you really work 60 hour weeks but get paid for 40” bullshit.
In some industries, absolutely. In others, there are benefits to staying or there really is 10 years of growth potential.