> you are treating the employees as actors with no agency No, I'm treating them as rational actors seeking to maximize their compensation. It may not always b

> you are treating the employees as actors with no agency No, I'm treating them as rational actors seeking to maximize their compensation. It may not always be so, but it is an assumption that will be true at least some of the time of a new hire that you're going to immediately invest $100k in. > Undergoing any sort of training imposes a mental and time cost on the employee Generally they are paid for their time doing the training. > and if their current employer does not increase their compensation at all Odds are they make more money in the new type, but not quite as much as an employee showing up with the rating already in hand.