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This works for the company because most people don't bother interviewing and coming up with a counter offer. In my previous company the best of the best would l
by msoad 8y ago
This works for the company because most people don't bother interviewing and coming up with a counter offer. In my previous company the best of the best would leave because company had this blanket policy that they would never do a counter offer. But in overall it was good for the company because they were able to retain most of engineers with raises as little as 1% and no stock refreshers.
- freyir 8y agoI actually prefer that policy. At least they stuck to their guns. We had an inexperienced junior dev come in with an “amazing offer.” This signaled to management that he must be amazing, so they offered a promotion to team lead to keep him. Half the team quit within a month, then he proceeded to run everything into the ground. There was a certain amount of shadenfreude watching that play out.