Is a 1 crore package worth switching jobs every 2 years?

Since the job switch hike can never be matched by a promotion within the same org at least in India, Is frequent job-hopping the key to maximizing earnings?

What are the potential downsides of job-hopping every two years?

For those who have stayed longer at one company, how has your compensation growth compared?

Do you think switching jobs frequently is sustainable in the long term?