3 ms·
The reason I was told was that if you give a raise to a current employee, you'll be expected to give raises to all employees and that's expensive, especially wh
by idrios 6y ago
The reason I was told was that if you give a raise to a current employee, you'll be expected to give raises to all employees and that's expensive, especially when people are looking for, say, 20% raises.
On getting a new hire, the 20% raise to get them to join is much easier because that extra cost is only going to a few people, one time (and they don't necessarily know it's a 20% increase in the person's previous pay).