What is a primary tangible penalty associated with staying too long in one position without changing roles?
Answer
Internal salary adjustments rarely keep pace with the market rate for external moves
Internal salary growth through annual reviews often lags behind the significant pay bumps (sometimes 15% to 20% or more) received by those switching companies for comparable roles.
Related Questions
What concept describes the measurable rate at which current responsibilities become fully automatic, requiring minimal cognitive load to execute?What is the suggested 'sweet spot' tenure range in a single position for balancing loyalty recognition and marketability?What positive attributes do employers often associate with extensive time spent at one company?What career liability occurs when deep expertise is maintained, but the professional relies on old knowledge while newer, relevant skills develop without them?How is staying at the same company but advancing roles generally viewed compared to staying in the exact same position for an extended time?According to the text, how long must a skill set generally remain unchanged to serve as a strong indicator it might be time to look externally or push for change?What is a primary tangible penalty associated with staying too long in one position without changing roles?What concern might staying under 18 months in a position raise, according to general career advice benchmarks?What key step must an employee take if they choose the internal advancement route after deciding their current position has run its course?In corporate environments where the standard progression to senior level takes 30 to 36 months, what does remaining in a specialist role for 60 months often suggest?Instead of focusing solely on duration, what healthier approach does the text suggest for assessing professional tenure?