I’m starting to believe job changes are the only real raises left. I had to fight my butt off to get a promotion and there are new hires coming in at my current salary. I feel like an idiot for sticking around so long.Anyone else realize too late they should’ve left years earlier?

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Yes. I was paid under band for 6 years - got a raise every 6 months to help with that, but never enough to actually catch up. I left and immediately took a $50k raise. Four years later, I'm leaving that company for new role with a provider that seems to have a more aligned culture fit. I now make double what I was making at my first carrier. I know I won't experience such a huge bump again but I needed to leave to get a real market adjustment.

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You're not an idiot. The system is designed to underpay loyal employees and overpay new ones because that's cheaper than giving everyone market rate. It's easy to fall into the trap of staying too long because that's what we've all been conditioned to believe is the right move: work hard, stay loyal, and it'll eventually pay off. That was true for our parents' generation, but it isn't for ours. That's why jobhopping remains the best way to increase comp.

Happens to the best of us. I was baited into staying over promises of those raises that never materialized. Anyone else stick around for that? Took me about 5 years too late to realize I had to get out if I wanted more.

I’ve found so much success in job hopping and exploring external opportunities.

I’m going on year 10 and realize I should have just left year 2. People who move around every couple of years always get jobs for some reason.

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