There is no incentive to get promoted. External hires are favored over internal, and those that do actually climb the ladder will not be offered competitive wages based on industry averages and market values - instead, you will be offered an increase based on a percentage of your wages in your role from which you're moving up. Think you're moving from a $30k DocAdmin role to a $55k pricing analyst role? Nope, they'll calculate about 5% to 7% of your current wage (at $30k) and that's what they'll offer you: ~$32k for a job that pays over $20k more at any other company. They'll let you make a counter-offer, but regardless of what dollar amount you present they will not budge. If you're close to retirement age, then this might not be a concern to you; however, if you're in your 20s or 30s, don't plan on making a career here unless you're fine with knowing that after 30-40 years you'll only be making a few thousand dollars more than when you first started.
