It's also pretty frequent at larger companies that new hires (even those at a level lower) will get higher comp than tenured employees.
Many of these same companies also have very difficult promo processes, requiring you to effectively "got to trial" and defend why you should be promoted.
This exact scenario has occurred with multiple co-workers of mine (most have now left, the rest are actively interviewing:
If, after the months of preparation for promo you "got to trial" and do so successfully, you may find a newly hired, less experienced, lower leveled co-worker with no experience with any of the internal processes or tooling makes 25% more than you.
When companies behave this way, what's the incentive to stick around?
Many of these same companies also have very difficult promo processes, requiring you to effectively "got to trial" and defend why you should be promoted.
This exact scenario has occurred with multiple co-workers of mine (most have now left, the rest are actively interviewing:
If, after the months of preparation for promo you "got to trial" and do so successfully, you may find a newly hired, less experienced, lower leveled co-worker with no experience with any of the internal processes or tooling makes 25% more than you.
When companies behave this way, what's the incentive to stick around?