Hacker News Reader

And even without raising the bands, employees' salaries ends up lagging over time.

A lateral job hop comes with a >10% raise, while an annual raise is 3-6%.

i know thats the common refrain, im sure its true most of the time, but aside from this last year or so ive gotten more increases from promos/equity than from job hopping(which have mostly been flat)

Reply on news.ycombinator.com