Originally Posted by
elmetal
This is just so backwards...
Let's assume 12 year at... 100 for math sake.
50
57
64
68
73
77
83
89
92
94
97
100
Versus
50
80
83
86
89
92
95
96
97
98
99
100
You'd rather have #1?
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Where did you pull these numbers from? Certainly not my posting. And yes, I’d rather have a steep slope upwards because the rate of increase ACCELERATES with time. A 5% per year per year seniority increase over the course of even the first 12 years gives a 1.8 TIMES first year CA or FO salary PLUS all the annual increases because of compound interest. Obviously, you don’t understand compound interest, but you might be able to find a Middle schooler who could explain it to you.
It’s why we have 401ks and IRAs for crying out loud.