u/HelloThisIsDog666 wrote (the comment Michael replied to):
Curious question - don't you have to job hop to move up in your career usually?
u/michaelnovati replied ·
I'm getting older now but back when I started out the best people stayed at one company and got promoted every year and accelerated their career that way and the companies supported this because they were trying to keep the best talent rather than lose it to other companies if the people job hopped.
so at the end of the day the best people were prevented from job hopping through rapid promotions, compensation adjustments, and discretionary equity.