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> Reason 2: [...] In short, there’s a lot more corporate bureaucracy in giving a raise than there is to giving a higher offer to a new hire. The reason is that
by neilv 3y ago
> Reason 2: [...] In short, there’s a lot more corporate bureaucracy in giving a raise than there is to giving a higher offer to a new hire.
The reason is that this is an accident of corporate bureaucracy?
Or is the root reason that companies consciously believe they save money if they cap raises low, regardless of the degree to which this causes regretted attrition?
- nerdponx 3y agoRight, this article reads like a bureaucrat trying to shift blame to forces beyond what they control, when in reality it's very much in their control. > regretted It's not regretted if 1) employees are considered fungible, and/or 2) it's expected and planned for. One of both of those things tends to apply in most workplaces.