Because retention is risk management and companies and managers aren’t great at it. A related pattern is failure to promote from within the ranks, especially i

Because retention is risk management and companies and managers aren’t great at it. A related pattern is failure to promote from within the ranks, especially if a veteran employee is responsible for too many things. One small benefit is that you might be able to hire a more relevant person for a specific position by looking outside, but ramp up to company norms can be as slow as ramping up an internal person to new skills, which is also hard to quantify for managers