Comment by kamaal

>>Taking on extra responsibility is all well and good until someone figures out that they can just get you to do more work for the same amount of money.

Wait a minute. Why are you accepting more work, responsibility without increase in compensation? Promotion de facto means getting paid more.

Otherwise its just some one updating a row in the employee database with fancy text. How does it matter what designation you are called with?

I had a similar situation few years before COVID where a company offered a fancy designation albeit for 50% lesser the pay. All said and done, when I did all the calculations, even with me rapidly changing companies with newly acquired designation, and building from there. It would take more than a decade to merely arrive to the salary I was then. And that would still mean more than a decade of wasted raises, bonuses and RSU vesting at the then current job. By the time that fork got profitable, I'd be due for retirement.

Promotion == Pay/Compensation Raise.