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> People wouldn't be job hopping if you could get the same raise as the new guys. This sounds like a massive win for all but the bottom of the barrel tier comp
by clarry 7y ago
> People wouldn't be job hopping if you could get the same raise as the new guys.
This sounds like a massive win for all but the bottom of the barrel tier companies. Finding and training new people (while giving them 10% more) as the old guys who know their shit leave for a better job is super expensive.
- ChuckNorris89 7y agoThat's the thing, most "old" guys don't leave since they get too busy with their private life(building a house, having kids) or they pidgeonholed themselves into some company specific niche with few options around or they got Job Stockholm Syndrome and are less inclined to shop around for better gigs.
- clarry 7y agoThe current situation is that you get a raise if you change jobs. So anyone who wants a better salary is currently very much encouraged to hop jobs. If companies had pressure to give raises internally, this would give less reason to hop jobs. I think that's a good thing for mostly everyone (including their employers). Everyone except dirt cheap shops where nobody wants to work anyway if they have choices.
- ChuckNorris89 7y ago>So anyone who wants a better salary is currently very much encouraged to hop jobs But who is encouraging you? Since in Europe/Rest of the World(except US/UK) companies never mention how much they're willing to pay and even the recruiters they hire are sometimes not allowed to mention the upper range to their candidates. So nobody knows they're underpaid unless you're willing to take your free time and apply to jobs, contact recruiters and go interview at a few companies and go through some rounds of negotiations. And even then lots of companies will look at your application very suspiciously that you're applying to new jobs so soon and they'll expect something's wrong with your relationship with your current employer or with you so some might not even make you an offer. For most senior employees with families that's a lot of trouble to go through so they don't even bother unless a recruiter knocks on their door with the offer of a lifetime.
- ByzantineO6 7y agoThe increase in how valuable a talented young employee is as a function of experience gives HR the vapors, so they "boil off" the fast movers, leaving mediocrity behind. Burroughs Corp once had an OS facility in Mission Viejo CA, known as "the finishing school" to hiring managers in a 30 mile radius.