Is anyone else in insurance seeing external offers way above internal salary bands right now? My company caps raises at 3 percent even with top reviews, and recruiters are quoting numbers 20k higher. Staying feels financially irrational at this point. Has anyone actually gotten a market correction internally?

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Keep in mind that recruiters quoting numbers and actually getting offers with those numbers are not the same thing. Recruiters often talk a good game and nothing comes of it. It's true that moving to a new organization is the way to get an increase in salary. Internal raises will almost never rival that.

Yes I’ve been experiencing this

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