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by iLoveOncall
1311 days ago
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Under the reasoning that hiring is expensive and training is extremely expensive? 1. The salary of a current employee will always be lower than the salary of a new hire, even a year later, 2. The hiring process itself costs tens of thousands of dollars, 3. A new joiner is useless for 2 months, needs to be babysat for 4 more and will ask constant questions for 6 more (if not 18). This costs the company a lot in terms of support that has to be provided from more senior (in tenure) employees. |
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