They hope and bet on you being afraid of the insecurity of a new role.

But you’ll notice they don’t offer pensions anymore. There’s no benefits to staying at one place. And the only real motivation to moving slowly between employers is so that your resume doesn’t look jumpy.

If you’re fine earning less - then stay. Earnings isn’t everyone’s motivation. But in 10yrs I anticipate you’ll find your compensation well behind the curve of your experience.

The other side of this is exposure- I’d wager your in tech - your technical exposure will change if you move around. If you are comfortable staying in one place- that’s cool but it might make it harder to find your skillset down the line.

That all being said… employment isn’t always about money and if you feel better staying in one place, thats a good decision for you.