My theory is that he’s too valuable where he is, and that they don’t want to move him elsewhere. But he just got an offer down the road somewhere else and will be putting in his notice next week.
My theory is that he’s too valuable where he is, and that they don’t want to move him elsewhere. But he just got an offer down the road somewhere else and will be putting in his notice next week.
I just despise how companies expect strategically important workers to stay on the company without raises when it is clear for both parties just how much value they as workers bring to the table, it is insulting
Assuming the "they are too valuable here to be promoted elsewhere" hypothesis is true, and it may be true in some cases (and not true in the majority of cases), there is always an increase in compensation in the form of increased base salary, bonus, or equity, depending on the company, available. A promotion is both a reward and a belief that the person would have a greater impact in another position. More money is also a reward.
Even if he has to move to a different section of the company if promoted, I'm sure there a plan can be put in place to hire and train a replacement.
We're all speculating in the dark here, but from what has been written, it certainly seems that this person has given the company a lot and deserves to be compensated.