1. In the (Indian) IT industry if you stick with a company for 4-5 years without jumping around like a frog, in all probability you will be earning a lot less than the next door "Mr. FROG" (a.k.a someone who has changed say 5 jobs in 5 years). Our frog would have received atleast a 40-50% hike with every jump. Poor you, who has worked your a** off with the same company is deemed worthless. Even if you are the top 5% of the company, you would at the max get a 8% jump in your salary year-on-year. So much for loyalty. Its like if you are at the same place you must not be good enough to jump like a frog!!
2. This is something peculiar I witnessed in US especially with Cable companies and Apartment offices. Lets take apartments first, if you religiously keep jumping every 12 months, there is a huge chance that you will end up paying around 100-150 USD lesser after a year, even if you would have moved from say #421 to #420. If you stick around (poor you!) you end up paying a premium of 30 USD extra per month, so yes your rent is actually increasing though you are living in the exact same house from the past 3 years and your neighbor (yes Mr. FROG) is reaping all the benefits.
Now comes cable companies - almost all of them have promotional tariffs for the first 6 months. Also prices for the same kind of service reduces over time but who gets these benefits?? NO, not the loyal customer who took this connection 3 years back but the cheesy Mr. FROG who had been religiously changing service providers every 6 months.
So what do we do? Is it good to be a Mr. FROG?
P.S. And yes - you guessed it right. Both of the above are chronicles of first-hand experiences.
