4 ms·
In finance this is called price discovery. In the labor market it’s called waiting until someone is one foot out the door. It’s much more expensive to correct t
by fnordpiglet 3y ago
In finance this is called price discovery. In the labor market it’s called waiting until someone is one foot out the door. It’s much more expensive to correct the situation once someone has already decided to leave.
- olivierduval 3y agoBut corp logic: it's cheaper to raise ONE top performer when he wants to go than to raise EVERYBODY (even those not interested in leaving) to match market
- bb88 3y agoNo argument, but if I'm interviewing and get a better offer, I'm probably gonna leave. Further in some corporations, interviewing for other positions is a bright shiny red flag for that person to be let go or fired. Even if they accept the counter offer.
- LoganDark 3y ago> if I'm interviewing and get a better offer, I'm probably gonna leave. If I could get the same amount of money from my current job I would probably stay unless I'm sure I would love the other job more. Because when money is a constant, it's either do I want to keep doing what I'm good at, or jump into something possibly different (and riskier).