Noting that the link you shared also shows that people who are externally hired seem to perform worse than those who are promoted. So if you care about performance more than pay, it may not be that good to switch jobs often?
Interesting point – my interpretation of that statistic is that external people are hired into more senior roles than internal people. I guess it’s also consistent with the hypothesis that external people get less mentorship though.
Noting that the link you shared also shows that people who are externally hired seem to perform worse than those who are promoted. So if you care about performance more than pay, it may not be that good to switch jobs often?
Interesting point – my interpretation of that statistic is that external people are hired into more senior roles than internal people. I guess it’s also consistent with the hypothesis that external people get less mentorship though.