CareerReturns · Loyalty Tax

Loyalty Tax Calculator

Every year you stay at your company while external hires get market rates is a year you pay the loyalty tax. Enter your tenure — see exactly what it's cost you.

18%
More external hires earn vs. internal promotions (ADP Research)
5%+
Average annual raise for job-switchers vs. 3% for stayers (Atlanta Fed)
50%
More lifetime earnings for serial job-hoppers vs. loyal employees
Yr 3
When the loyalty tax typically starts accelerating fastest
1 yr5101520 yrs
0%5%10%

Median internal raise: ~3%

2%7%12%

Job-switcher median: ~5.5%

Year-by-Year Loyalty Tax

Your salary vs. what the market would pay

YearYour SalaryMarket RateAnnual TaxCumulative
1$82,400$84,400$2,000$2,000
2$84,872$89,042$4,170$6,170
3$87,418$93,939$6,521$12,691
4$90,041$99,106$9,065$21,756
5← peak tax rate$92,742$104,557$11,815$33,571

Loyalty Tax Statement

5 years at one company

Total Loyalty Tax Paid

$33,571

in foregone earnings over 5 years

Current Annual Tax

$9,557/yr

What you lose each year now

Market Rate (Your Level)

$104,557

vs your $95,000

Switch Now: 5-Year NPV Gain

$69,012

Present value of earnings difference if you move to market rate today

Hindsight: Optimal Switch

Your loyalty tax accelerated fastest at Year 5. Switching then would have landed you at $104,557.

Recover Your Tax

01

Get a competing offer

The fastest way to correct compression. Use it as leverage or as an exit.

02

Request a market adjustment

Bring this data to HR. Many companies correct compression when shown the math.

03

Switch roles internally

Internal transfers often get external hire rates, resetting your salary band.

Frequently Asked Questions

What is a loyalty tax?

The loyalty tax is the cumulative salary gap between what a long-tenured employee earns and what a new external hire in the same role earns. ADP research shows external hires earn 18% more than internal promotions. Over 5 years at a company with 3% annual raises, this compounds to $30,000–$80,000 in lost earnings.

Is job hopping better for your salary?

Yes, statistically. The Atlanta Fed Wage Tracker consistently shows job-switchers earning ~5% more annually vs. ~3% for job-stayers. Over 10 years this compounds to a 50-80% salary advantage. The trade-off is loss of tenure benefits, vesting schedules, and institutional knowledge.

When is the best time to switch jobs?

The loyalty tax accelerates fastest around Years 3-5, when internal promotion rates flatten but market rates keep rising. This calculator shows your year-by-year tax increment to identify the inflection point in your specific situation.

Should I use this to ask for a raise?

Yes. A quantified loyalty tax is a powerful negotiation tool. 'Based on market data, my salary compression over 4 years totals $X' is far more persuasive than 'I feel underpaid.' Bring a competing offer if you can — that remains the most effective lever.