[lotsofpulp]

I assume it will always be true outside of employees who are exceptionally VIP or employees selling to union/government roles that are compensated strictly according to length of tenure.

The employer gets labor at a lower price, and the employee gets lower volatility.

If you want the best price, you have to do the work to keep buying and you have to do the work to keep selling, only way any market can work.

[eschneider]

Except the employee isn't guaranteed lower volatility. At. All.

[lotsofpulp]

There is volatility due to the buyer changing the terms of deal (including ending the deal), and there is also volatility due to the seller choosing to sell to different buyers, such as working in a different location or getting along with new colleagues, etc.

The former is not controllable from the perspective of a labor seller, but the latter is. Whether or not the tradeoff is worth it is dependent on the seller and always in flux.

I would say the tradeoff is usually not worth it.