[oblio]

You're an exception. In developed countries for sure most companies don't give out raises higher than a few percentage points, and definitely not constantly 8%. For reference, at your current rate in 10 years you're doubling your salary.

In developing countries your story is a bit more common but even there you can accelerate things by switching companies once every few years (somewhere between 3-5). After a while you probably want to stay put to get promotions.

[ciceryadam]

It also depends where in your career are you. When I started as a junior and improved year by year, my salary grew 10% yearly in the same company, for 6 years.

[NotSammyHagar]

It definitely depends on industry location. In the big tech centers, 10% avg increase over time would be, well average (Seattle, Austin, NY, Boston, bay area). I was shocked when I learned my last company was paying new college grads more than 100k. Then it got to be 120, 130 (total comp, salary, bonus, stock). I think the starting salary could have gone up 10% a year. This was a company that wasn't a faang but competed with the faangs for hiring.