re: 5 Years Outlook For A Given Career

quote:

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Most people advancing quickly early on do something like this:

- Position 1 for 2 years
- Promotion to Position 2 (+15% salary bump), stay for 1 year
- Leave Company 1 for Company 2 and either (A) Stay in Position level 2 (+15% salary bump for changing company) or (B) promoted to Position level 3 (+25% salary bump for new company and new title)

Position 3 roughly begins the start of middle management so the key is how you get from Position 3 to Position 5 because there is likely a hundred-plus thousand dollar difference in salary between them.

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I'm about 5.5 years into my career and this is a very similar path that I've taken. I have acquaintances who I graduated from undergrad with who are still in their first job out of college (working at the same place that I was when I was first out of college). I don't "get it", whatever works for them, though.