[brandmeyer]

Also tragedy of the commons: Why invest in training when you can expect employees to get poached by the company next door in only 1-2 years?

[bennysonething]

Most of the poaching happens (well to me anyway) because the jobs became unbearable. And because it was the only way to get decent salary increases.

[nikanj]

It's easier to afford bigger salaries for seniors if you don't have to carry the budget burden of unproductive juniors