I think this pattern of "under promotion" is probably common is all highly competitive industries with large wealth corps. Think: Investment banking ("high finance"), oil & gas, big tech, law firms, consulting, etc. When I think about the sheer number of insanely talented people trying to get in, it conjures the World War Z image of zombies trying to get over the walls. With some perspective in my industry, I constantly remind myself: There are many, many more people outside my office that can do my job -- probably better than me. I need to constantly remind my employer why I am good. (Yes, it is exhausting.)