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by goostavos 1830 days ago
Use this One Weird Trick to keep employees: pay them money.

With the exception of my current gig, my early career was hopping non-stop. My shortest stint was literally 4 days, my average was probably about 1 year. Each time, pretty simple, you look at the paltry 2-4% increase being offered by your current employer versus the 20%+ increase from hopping literally anywhere else, and, well, you surely see why people hop ship all the time.

Your "investment" means very, very little when it's not backed by the thing that actually matters (the money).

2 comments

Exactly. I'm happy where I am but I've currently got companies willing to increase my salary by 2-3x if I leave my current employer. I'm totally going to use that as leverage in negotiations for a raise. I'm due for one.
But that really only helps low pay was the reason for hopping. The comment that sparked this discussion talks about a bad environment etc. as a reason for hopping. Wads of cash won't help retain an employee that's obviously bad at judging whether they'll be a good fit at an employer.
Just to point out. At my current workplace I got a huge pay increase only in one situation. „When I said I quit”..

Employer runs a business and will do w/e is best for him money wise. If ppl want to work for 50% what they are worth - employer will alow it (bad employer).

Ppl tend to quit such places because they see no options to advance.

Employers rarely learn from such cases. For me its the issue of poor middle management not managing career of pupils correctly.