I’ve noticed how many people are basically one job switch away from a completely different comp level. Same skills, same experience — just a different company willing to pay market. It’s kind of wild.

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You've recognized a key point. Few people will get substantial raises by staying with the same employer. With a few exceptions, the outside expert is always more valued than the internal candidate.

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It is… I am making 165k now as a senior and another company’s comp is 275k for the same exact work… in the middle of interviews now 😬😬

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Oh ok that makes sense lol.

My comp went from $40k in the mid-90’s to $1.5m today. I renegotiated for a bump one time when I got an offer from another firm about five years in. I built out a large internal network and client contacts by staying here over the long term. Could I have still made partner and made more money by moving around? Maybe? I decided at the time the chances were better staying put. So my advice is not to chase the short term comp, but rather the opportunities, whether in or outside your current employer, that best position you to make partner (or whatever outcome you’re looking for).

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With PE moving into the space what worked a few decades ago is increasingly becoming a thing of the past.

Welcome to job hopping.

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I have been passively looking for a new role for about 6 week now. For now I can take my time and can be picky about what roles I apply for since I am employed.

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