Yes, the institutional knowledge lost would cost more than the difference of that salary a year in most cases. But companies definitely do not value institution

Yes, the institutional knowledge lost would cost more than the difference of that salary a year in most cases. But companies definitely do not value institutional knowledge as much as black-on-white figures on their financial statements. Short-termist, but a lot of business decisions are very short-termist, so I think the argument is good. Someone might think that.