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by namelessoracle
1145 days ago
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Whats weird is that I've heard the opposite too. That being an old employee is a suckers game for taking the 2 to 4 percent each year. For instance the staff level who was with the company from junior and climbed the ranks is probably making alot less than the staff who came in as a staff, because climbing the ranks means you get percentage based increases or reset to the floor for the rank, and the staff who came in could negotiate higher than that. (You cant really negotiate comp for a promotion, its take it or leave it). Even though the junior to staff probably has more institutional knowledge, domain knowledge and political connections to get stuff done in the company. |
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But of course the principle is true that if you hanging around make sure you get real market adjustment raises. Some companies/managers are better about this than others.