[dblooman]

Companies that let employees leave because they ask for more money is also killing productivity at companies.

If you are a engineer on say 70k and see a senior role at another company for 90k and expect, once promoted at your current company, to see your salary go up, you might be surprised. Some companies just take the lowest band price if the market, 77k for example and will claim that is market rate.

I have seen this many times and if the employee leaves, the company will spend months and thousands plus 10% first year salary to get a replacement and will most likely end up paying more than the original employee was on. I find this kind of process so frustrating as a hiring manager, the amount of time and effort required to go through candidates and interviews just to replace people you shouldn't be losing.