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by std_throwawayay 2628 days ago
An employee wants more than money. If I have the feeling that I grow, I stay longer. If I get the feeling that they want to keep me down, I leave sooner. Simple as that.

If you increase the skillset of your employees you get back something along the way, so it's not just money wasted but also collecting a lot of interest. Also you become attractive for employees who want to grow. It's easy for the beancounters to count all the wasted money but it's not so easy to evaluate the real productivity that such employees give back. Maybe if companies were allowed to trade employees like cattle that mindset would change.