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The simple rule of thumb is that a continuous raise should be around 5%, and a promotion should be around 10‐15%. If you want above that, it's going to require changing employers. I usually go through a 4 year cycle. 5%/year for 3 years, year 45%, but I start looking external aiming for 20-30% over current including the Y4 5%.
Job hopping has always been taboo.. We just got to abuse it during covid. It's just all about proper balance. Don't go hopping every 6-12 months. It takes at least 12 months to fully acclimate to a new work environment, meaning the minimum you have to stay to be viable to a company is 24-36 months. Jumping and climbing every 36-48 months is safe.
A promotion isn't job hopping. It's when you continuously keep changing companies.
In a country full of consistent layoffs, bad managers and toxic work environments - can we please stop blaming "job hoppers." People get sick, their family members get sick, they get a career-changing opportunity, companies decide they are going to lay off departments. Let's change the conversation, please, it's so tired.
Stay where you are, and have multiple conversations backed with good industry-standard research about what you should be making and let them know they have to see you eye to eye if they want you to stay
Don’t do this without an offer in hand cause they may just call your bluff
Job hopping isn't taboo if it is aligned with progression. Nobody will fault a person who jumped to take on a new challenge or grow.
The person who jumps every year or two into lateral roles will have a red flag. It takes 6-12 months to integrate a person into an org and make them valuable. I don't want a person who jumps the moment that real responsibility starts to fall at their feet.