Is staying in a single company for 10 years bad? Is it a sign that the employee has no skills to get another job?
If you failed all the interviews which you appeared for, then yes. Just kidding 😂 if you can stay 10 years in a company you have to have knowledge and skills even if you just chill there
10 years in a company means, you will likely end up with lesser ctc. Better to switch whenever possible. Applies to India especially where increase in cost of living is through the roof.
Do you honestly think this is true even in investment banks?
Yes, their comp is heavily reliant kn year fnd bonus only.
Staying in a company for any duration by itself is not a reflection of a person’s ability. If the pay and perks are good and you are satisfied, staying with an organisation can be a valid option. I have been with my current employer for 14 years, i have made a lot of internal switches and have had a lot of upskilling opportunities. I have also had a 20% hike or promotion every second year. A lot of tech leads and junior managers i started out with are pretty high up in leadership today and they vouch for me when i have an opinion.
Ye bhi Modi ki wajah se hu hoga? 😂
1st. Switch in 4 yrs and 2nd after 2 yrs this is my 3rd company and 2nd switch. Is this a bad sign? I have not got a promotion in my career I have always switched companies?
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