4 ms·
Sounds plausible. The obvious Q though is - were the researchers able to identify a causal effect? Or could it be that the highly-paid new hire is a sign of the
by erehweb 3y ago
Sounds plausible. The obvious Q though is - were the researchers able to identify a causal effect? Or could it be that the highly-paid new hire is a sign of the market being hot, so the top performers are able to get new better offers? i.e. would they have left even without the new hire?
- deleted 3y ago[deleted]
- itsdrewmiller 3y agoAgreed they don’t really address threats to validity (HBR almost never does). Another objection - they claim that adjusting salary sooner rather than later has a big effect on turnover, but do they control for the general effect that getting a raise or not affects turnover rate, independent of whether someone was hired at a higher salary?