Top Earners Who Stay at Jobs See Larger Pay Increases Than Those Who Switch
According to a Bank of America study using internal deposit data, top 5% earners who remained with their employers received year-over-year pay hikes approaching double digits in Q1 2026. In contrast, those who switched jobs saw only low-single-digit increases. The wage growth gap between job stayers and switchers is the smallest in seven years.
Topics: Bank of America study employee retention job-hopping wage growth