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A comment on Amazon walking back raises after internal bug miscalculated compensation. Parent comment

Re:Amazon walking back raises after internal bug miscalculat... by idunno246 on Monday September 26, 2022 @03:37PM (#32987313)
Right, like the company raised bands for new hires but didn’t raise current employees commensurately, that is in line with needing to job hop, and tracks with the other comment of a couple thousand. But the difference in pay now is so drastic now basically everyone with 1+ years is looking or left
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Re:Amazon walking back raises after internal bug miscalculat... by alistairSH on Monday September 26, 2022 @03:46PM (#32987427)
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%.

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Re:Amazon walking back raises after internal bug miscalculat... by idunno246 on Monday September 26, 2022 @05:06PM (#32988419)
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)
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