I’ve seen this far too often. Theoretically, your pay should be a combination of what you could get for your same skill set on the open market plus getting paid over the market value based on what you bring to the company based on your domain knowledge and the relationships that you’ve built that allow you to be more efficient than someone off the streets.
If you’re not careful, your marketable skills will become out of date, but your salary keeps increasing because you’re very valuable to the company. Then when the company lets you go after a decade, you will be out there competing with people younger than you who have kept up to date and complaining about “ageism”. I’m 45 FWIW.
If you’re not careful, your marketable skills will become out of date, but your salary keeps increasing because you’re very valuable to the company. Then when the company lets you go after a decade, you will be out there competing with people younger than you who have kept up to date and complaining about “ageism”. I’m 45 FWIW.