im answering you not talking about a specific job. i dont have to look in any mirror.You’re totally missing the point. Do you have a reading comprehension problem. My point is that if you do not value your employees, they will leave and then you will have to overpay on the market. Not a good strategy.
And what are you talking about when you say paying at market rate? I’m assuming you took this job at a salary that you felt was commensurate with your abilities. Or what your market rate was. What changed?
Every one of your responses shows more and more of your naivety.
Most successful businesses are successful because they have talent. They attract talent, they keep talent and they pay talent. You may need to look in the mirror.
your first point sounds like we are in agreement. not sure if you agree that companies are actually doing this. because again the data shows otherwise. and we all know internal promotions are lower than going elsewhere.
btw the most successful business (amazon) is literally doing the opposite of what youre saying they are doing. unless the #1 most successful business right now is somehow an outlier.
i agree about employee retention being important. but i dont think many companies invest in it. i think your point about drawbacks to jumping to a new company are baloney. get the money.