Companies asked spend a ton on retention- your salary, benefits, and VR ping pong tables are all in place to keep you there and working. That sgock vesting sche

Companies asked spend a ton on retention- your salary, benefits, and VR ping pong tables are all in place to keep you there and working. That sgock vesting schedule? Retention technique. If all those things aren't working and an IC has gone to the bother to get an offer somewhere else than all those things have failed. Why don't companies just match whenever an employee gets a higher offer? There is a risk of uniformly increasing costs beyond that single employee, there is a quite real possibility that the current company evaluate the employees value lower than the offering company, and there is also a widespread and not entirely unfounded belief that an employee that has already gone through the bother of interviewing elsewhere is likely to have other issues beyond compensation and they are likely to remain a high risk of leaving, so the company will risk establishing a norm of higher compensation across the board while being unlikely to retain the person long term. The truth if companies in our industry all spent "more" on retention you'd just see salaries and compensation rise across the board. Given the high pay in our industry, I'd say that's already happened/happening.