3 ms·
> expensive (old) employees This legend needs to stop. It has been demonstrated time and time again that employees that stay the longest are the leaat paid. h
by iLoveOncall 4y ago
> expensive (old) employees
This legend needs to stop. It has been demonstrated time and time again that employees that stay the longest are the leaat paid.
https://www.forbes.com/sites/cameronkeng/2014/06/22/employees-that-stay-in-companies-longer-than-2-years-get-paid-50-less/amp/ https://www.forbes.com/sites/cameronkeng/2014/06/22/employee...
- athammer 4y agoThis article doesn’t seem to account for stock compensation which can greatly incentivize staying at a company for a long time
- iLoveOncall 4y agoI randomly picked the very first article I could find because I was on my phone, but it remains true no matter what. In the very best case scenario your company's stock explodes over the (typically) 4 years of your vest, but after that it will be adjusted down, so you will be earning less than new joiners again.
- MattPalmer1086 4y agoYou are confusing length of service with age of employee.
- tomrod 4y agoTo be fair, these aren't unrelated since they track together over time.