Commentary: Employees pay a hidden tax by staying on with their companies

A May 2022 study by US-based HR analytics companyFresh hires can earn up to 20 per cent more for in-demand jobs such as those in tech and finance.more pay when they returned to their former employersEXPLOITING EMPLOYEE LOYALTYWorkers who stay put with an employer can be low-balled into receiving a “discount” of smaller pay increments instead of proper compensation.

In my case, I blamed my ignorance about market rates. For others, it can be a reluctance to change jobs, or being too meek to ask for a raise. But then again, why should employees be penalised for their loyalty?Commentary: Is there a good time to ask for a pay raise?

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