Companies can promote you every 1-2 years, but you need to start that clock.
And it's not even "give 1x work -same as before- and take x1.5 money" but more like "give 1.5x work and take x1.5 money" at best (and usually less): more responsibilities, more stress, and more work time.
This is exactly my case.
Here are my w2 compensation (salary+bonus+rsu) changes YoY working at $Yelp and $Grab:
2025 35.96% (projected)
2024 20.77% (projected)
2023 30.39%
2022 -0.65% <- promotion
2021 34.25%
2020 65.06% <- job change (December 2020; 2020 had a big jump due to unemployment in 2019)
I don't think my work hours, responsibilities, or work stress has any connection to my compensation or career growth, primarily due to the "work smart, not hard" thinking.
Even if you have zero promotions or changes in responsibility, RSU grants compound, even if your salary increase by only 1-6% (like mine did)
3 orders of magnitude is 1,000 times larger, so $100,000 salary would become $100,000,000.
Never going to happen.
If that isn't exponential growth, idk what is.
RSU values compound.