What financial discrepancy magnifies the realization that one's compensation is behind industry standards?
Answer
An annual review or merit increase that doesn't match inflation.
The discrepancy between current pay and industry standards is often magnified when an annual review or merit increase is negligible or fails to match the rate of inflation, resulting effectively in a pay cut.
Related Questions
What happens to an employee's marketability if they stay in a job where they are coasting?What financial discrepancy magnifies the realization that one's compensation is behind industry standards?If the market average pays $10,000 more annually, what is the cost of inaction over two years according to the example provided?What is often cited as the number one reason people leave a company?What specific issue related to the broader company culture can cause exhausting cognitive dissonance?What symptom signals that a job situation is likely unsustainable regarding personal well-being?If an employee has a hard departure date, what is often suggested as a safe buffer window to begin applications?How much of living expenses do experts commonly suggest saving before beginning a serious job search?What advantage does testing market value while employed provide?When preparing to resign, what type of information should an employee secure on a personal device?What is the consequence of staying put in a job where one is coasting, regarding skills development?