Maybe there already lies another reason for the lower salaries - if you are from a country which traditionally had your company actually appreciate their employees and make them feel valued, and historically you just had to land your job and could expect to stay with the company the rest of your life, you will not be actively looking unless you get laid off. Loyalty on both sides is still quite common where I live.
Loyalty is all great until a depression comes or a bad decission causes layoffs. Then suddenly all the loyalty and being a family means nothing. I think back in the days when 5% raises were the norm and you could buy a house in 5 years on one income being loyal made sense. Now since companies do not keep up with inflation and the standards of living are so high I believe its in your best interest to do whatever its needed to get a better job. If staying in the same company gives you that its great but most often than not changing jobs often and testing the market will do you better imho.
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Maybe there already lies another reason for the lower salaries - if you are from a country which traditionally had your company actually appreciate their employees and make them feel valued, and historically you just had to land your job and could expect to stay with the company the rest of your life, you will not be actively looking unless you get laid off. Loyalty on both sides is still quite common where I live.
Loyalty is all great until a depression comes or a bad decission causes layoffs. Then suddenly all the loyalty and being a family means nothing. I think back in the days when 5% raises were the norm and you could buy a house in 5 years on one income being loyal made sense. Now since companies do not keep up with inflation and the standards of living are so high I believe its in your best interest to do whatever its needed to get a better job. If staying in the same company gives you that its great but most often than not changing jobs often and testing the market will do you better imho.