I don’t agree, I don’t prefer working in the same office for ages thinking that one day I will be promoted. It’s not wise to leave all the better offers and wait indefinitely for my turn in my present company. I do agree money is not the only criteria for changing a job. I personally think Job satisfaction and career advancement is the main reason people look for new opportunities. Money is secondary. I know many people in my company who is here for decades doing the same job and getting less than what new employees are getting.. How can we justify this! Maybe they are still here for the huge end of service benefits ..I think it’s foolish.