Hacker News new | ask | show | jobs
by dontlaugh 1388 days ago
Perhaps if workers were treated and paid better, they'd have less incentive to leave every two years.
2 comments

My former CEO invested significantly in training (I personally received well over $250k worth, including leadership lessons from 2 weeks reliving D Day with military men, rowing with National champion coaches at Yale, etc.) and used to say people challenged him with « what of you spend all this money to train them and they leave? », to which he replied « what if we don’t train and develop them and they stay, isn’t that way worse? »
Have you tried Googling that phrase? Seems like lots of people are your former CEO.
A CEO repeating a well known phrase isn't really out of the ordinary.
You know what would be even better? If you received those 250k in cash.
It's the salary bump. Devs are being treated like customers for car insurance (in the UK). When a customer signs up they get a good deal, then as they remain loyal the deal slowly gets worse. People who change every year or two do the best.

I've heard that this is now changing. Whatever reason the insurance companies have stumbled upon to make this change needs to be communicator to those hiring devs.

The FCA (one of the financial regulators) stepped in for the insurance market, which is why that change has started being made.