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> Rationally, they should offer as low as they think each employee will accept There are numerous rational reasons to offer employees more than the minimum the
by bdhess 8y ago
> Rationally, they should offer as low as they think each employee will accept
There are numerous rational reasons to offer employees more than the minimum they’d accept.
- walshemj 8y agoyes but HR / Recruiting aren't bonused on retention only on cost
- my_username_is_ 8y agoExpanding on this a bit, see the idea of an 'Efficiency wage' (above market-clearing salary): https://en.m.wikipedia.org/wiki/Efficiency_wage https://en.m.wikipedia.org/wiki/Efficiency_wage