What companies are known for having low (~5%) attrition? Off the top of my head, I can only think of two companies (Centaur & Automattic).
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So 20-year tenure means not a lot of new hires, a static cohort, and not a lot of advancement for individuals--senior jobs rarely open up.
This is a sample size of 1 company, but Centaur had, by far, the most/easiest technical track upward mobility of any company I've worked for
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There was no management track because there was basically only one manager (and ~100 employees), which was why some people left.
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But on the technical track, I don't see why someone has to leave for someone else to get a raise/promotion/whatever.
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