If you’ve been hustling in your current position for some time now, it might be time to take the next step in your career journey…

Today we are sharing some insights on internal company vs external company progression and remember, our culture-first recruiters are always here to help guide you on where to take your career next.

When receiving an internal promotion, you can expect a 3% - 6% salary increase with your current company. Although this is certainly something to strive for, it is also important to consider that if you were to change companies, you can expect an 8% to 14% salary increase. Quite the difference!

With that being said, it certainly does not mean you should change companies each year based on pay expectations, as these are just averages and not guaranteed. Resumes that show 3 - 4 years of consistent tenures with brands are the most desirable candidates when it comes to the selection process, as it showcases loyalty and resilience within your current workplace.

We share these statistics not to add to the confusion, but to give you the confidence to change companies and gain hard-earned career progression. It is simply food for thought, as it all depends on your career goals and the internal mobility in your current company.