Ask HN: Are you a “lifer”? If so why?
Unfortunately salaries rot.  Like vegetables in the fridge.  I've been doing this a long time, I can assure you that most if not almost all companies let your salary go through attrition by itself with inflation, while new hires get paid market rates.<p>You can observe this as a manager, when you can see the salaries of people and watch the pay inequity get worse and worse to punish people who have been there a while.<p>I don't know what mechanism causes this, but it's likely related to leverage:  when you don't work there, you have leverage to ask for more.  Now that you're there, especially if you are loyal, they have the leverage unless another offer comes along.