3 ms·
So true. I don't understand the logic of why companies do this. It's not limited to big tech, I'd say it's true anywhere the company grows beyond 40 or so emp
by diob 5y ago
So true. I don't understand the logic of why companies do this. It's not limited to big tech, I'd say it's true anywhere the company grows beyond 40 or so employees.
- tqi 5y agoI think it comes down to how incentives are structured. In my experience, if someone who is promoted from L to L+1 fails to succeed at that new level, that person's manager is dinged for pushing a promotion that the person wasn't ready for. Conversely, an external hire who comes in at L+1 and fails to succeed is chalked up to the difficulties of hiring, with no negative consequences for the hiring panelists. As a result promotions are much more conservative than hiring. Which definitely sucks.
- mgkimsal 5y agoI can't get any sort of loyalty discount from big telcos or cable companies either, but they'll gladly give me 3 months free service to switch to them. You been a customer with us for 8 years and want the $10/discounted rate we've plastered billboards with? Get lost. Or... go switch to a competitor, then we'll court you back with freebies.
- lotsofpulp 5y ago>Or... go switch to a competitor, then we'll court you back with freebies. Obviously going to a competitor comes with its costs, and hence people do not do it just for the $x discount. Just like with employment. If there were no switching costs, then you would not see these types of "misaligned" incentives.