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Nope. Just understand it’s all just business, these people are not your friends or your second family.
In advertising it does not pay to stay. I’ve learned that the hard way too.
Chief
It’s not betrayal. It’s the stupidity of them not valuing you, and then learning what it takes to lure someone to your old position. You weren’t gonna get that extra $50k - they had you on the “hometown discount” salary band.
Rising Star
Don’t beat yourself up. It’s a ruthless business. In my 18-year career I’ve only stayed at an agency for two years once. Everything else is 18 months or less because I knew the place wasn’t going to give me more money anytime soon.
Chief
@DigitasHealth - what’s your definition of “moving around so often?” I rarely see any creatives with 5+ straight years somewhere. Mostly 2-3 years. So I don’t know that 18 months shows up as a red flag.
Pro
The grass isn’t always greener, but the money is.
Agencies have to pay more to fill openings these days. But shame on them for not valuing you as they should have. It’s their loss.
Chief
What I've learned is to negotiate hard at the beginning because thereafter, the increments are marginal.
There is no value to the company to pay you at market value if they got you in 10 years ago when you were a junior.
I know of creatives who start as intern and grind their way up to CD over a timespan like yours. Imagine starting your pay as an intern.
I know the feeling!! I think I’m done blaming myself for staying at a place for so long - 7 Years. They were never ever ever ever ever going to value me the way the complete strangers at my new job do.
Never stay for more than 2-3 years
That really sucks, I’m sorry. But it’s not about you — it’s all about the money. Try not to take it personally. And like AD1 said, it never pays to stay. 2-4 years max, unless you love your job and are willing to get paid less because of it.
Chalk it up to an incredibly hard lesson learned, like CD1 said, it doesn’t pay to stay and moving onward and upward is the best way to keep growing financially and professionally.
The second wife gets all the goods.
I feel you. Leadership preaches the importance and value of loyalty but doesn't pay for the commitment. Consider this a valuable lesson: loyalty doesn't pay and it hurts you in the long run. Jump from role to role every 3 years and get at least $40k more. Save the pleading for a promotion/raise and just focus on finding a new opportunity.
I have some (probably naive) hope that the soaring replacement costs in this market could lead some firms to invest more in annual increases to keep talent. Probably wishful thinking.
Put the thoughts into the work (well, the energy, maybe not the justified rage) and make them regret it. Also, if anyone asks your thoughts about your former employer - don't sugarcoat what they did.
But hey, celebrate that you're now someplace that is valuing you more.
You’re not alone, and betrayal is the correct feeling. Just remember it’s our bosses job to pay out the minimum. They can afford the extra $50k because they saved that much shorting your salary over the years. Leaving is the only option. Sad truth.