No... That means you hit the proverbial glass ceiling at 5 years. It means you contractually cannot be valued any higher past the 5 year mark...
Why the hell would you stay? On your 5th anniversary, your options to progress any further are all elsewhere...
Do you seriously expect that you'll be valued the same as someone with decades of experience? No... That's not what they're doing... They're valuing decades of experience at the 5 year mark... I'm saying they just removed the ability to trade the Honda in for a Lambo...
You’re suggesting that the scale should never get bigger as a whole too. So for a quarter century the bottom and the top of the pay grades should never change.
You are saying raises should only happen in a fixed scale that stays put for decades.