Quote:
Originally Posted by Unregistered
Average annual increment at companies are 5-10%
Unless you're promoted (10-20%)
Job hopping laterally can grant you 10-30%
to have a 60% increment through lateral job hopping is nonsensical. Unless one is very lucky or its a change in industry. Bank's lateral jump is ~15-20%
6k+ at 5 YOE is above average for the average local uni.
Many get stuck in the 5k bracket
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This is true, a lot of crappy companies won't even pay 5% increment. Some people can still be stuck at 3k range in their 30s.