This makes sense. It’s very hard to 1) pay new hires more than existing employees, or 2) ever reduce anyone’s salary. So raising salaries to hire people means r

This makes sense. It’s very hard to 1) pay new hires more than existing employees, or 2) ever reduce anyone’s salary. So raising salaries to hire people means raising everyone’s salary in the company, permanently. Not a good idea if your employment needs may be the temporary result of a bull economy.