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3. Salaries for those already on the payroll are not subject to competing offers, and employees likely have outdated information on market salaries, and almost always "anchor" on their current income. Employers have a some competition when hiring, and are subject to some market forces on compensation (including "price transparency" on offer letters).

In the current environment, you're almost always able to get a better offer compared to any raise offered. In most organizations, a manager expends less political capital justifying a salary band for an open position vs. advocating for a raise.




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