Is it easier to move up at your job or find a new job in the next step up?

Andros the magician

Rising Star
BGOL Investor
Searching for some thoughts around this.

I was recently talking to someone about them trying to move up at their current employer vs searching for a that step up elsewhere. In my experience, there are times when a person is already doing the responsibilities of the next role, but face office politics, favoritism, unfair challenges, etc within their company. But it seems to work better, when they simply just go and search for that next challenge elsewhere. I've been trying to find some data around this but I've been failing. I might be wording my search wrong.

Anyway, thoughts against or for this?
 
Different companies will have a different answer. When I was a claims adjuster you would need to go to a different company to step up. In a lot of big corps you will need to move up within unless your resume and connections are impeccable and they are trying to poach you.
 
In contract world, you can usually step up with the next offer. Spending time ( 3+ years) within a company to get the next leg up is dead. They'll have their favorites and if you're not the one they think "fits" there isn't much you can do.
 
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