On the flip-side: companies won't give substantial raises to current engineers, but are willing to pay new joiners more. There are also frequent re-orgs: if an

On the flip-side: companies won't give substantial raises to current engineers, but are willing to pay new joiners more. There are also frequent re-orgs: if an engineer that enjoys their current work and team gets re-org'd, why shouldn't they change employers? Most aspects of their job are changing, so why not get a pay-bump for the inconvenience?