I don’t get this type of management at all. The leverage is always in the developers/engineers hand. The company has essentially zero leverage when it comes to

I don’t get this type of management at all. The leverage is always in the developers/engineers hand. The company has essentially zero leverage when it comes to negotiating pay with highly in-demand employees. The only reality for the business is what they can feasibly pay you, and it’s likely much much more than what you’re getting now. Pretending like they have leverage in this position assumes the engineer is less informed. It doesn’t compute for me. When I hire engineers I give them as close to the top dollar as I can and if that’s not enough there’s nothing else I can do. It’s not fun when they walk, but at least I know there was nothing else I could do.