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There are a lot of companies right now letting people leave who asked for pay rises only to find that not only is it going to cost them 10k to hire someone new
by PaulKeeble 4y ago
There are a lot of companies right now letting people leave who asked for pay rises only to find that not only is it going to cost them 10k to hire someone new but that person will be 30% more than the old employee even asked for and will be starting from scratch.
- stavros 4y agoThe upside is that the old employee now got a 10k raise.
- noelherrick 4y agoI wish there was more data on the "from scratch" bit. I just cannot believe that companies are willing to let experienced devs who know your system and have proven that they can ship just walk out the door with all that value simply because you won't pay them more. It is a ubiquitous problem and my bosses have shared this view. My current firm is the only place that has proactively increased compensation, and guess what, the other ICs I started with six years ago are still with the team.