It also means they've done the arithmetic, and know that it's worth losing their top X% of people - the ones who'll have the easiest time finding a better job.
Obviously you've never worked for a big corporation before. Corporations don't want top employees. In a corporate environment, top employees are a nuisance much of the time. Most managers, if given the choice, would rather have an employee who shows up, does their work (but not too much), doesn't care about anything (and thus will do whatever they are told) and will accept whatever is given to them, and someone who is not at risk of leaving and can be laid off or fired easily/cheaply when the time comes.
Top employees often have an axe to grind, an ego to satisfy or a ladder to climb. This is the last thing a corporation wants or needs. When I was a manager in Corporate America, I was instructed to screen out overly ambitious or eager candidates. They are just too much trouble for what amounts to normally a 10-20% increase in performance over a regular candidate.
It would be really interesting to see if they take that into account when they make these decisions. I’d have to imagine that the top X percent are also the highest paid, so maybe that’s actually a benefit.
I would guess they looked at who is mostly likely to leave based on forced RTO and they liked the answer. Probably something like parents of young children, mostly women, people who are caring for an elder or disabled family member, so again mostly women, and people who have a disability themselves.
A smart employer is already paying their best employees more than they can get elsewhere.
After all, I know Alice gets things done fast and to a high standard, she can be trusted to deliver important projects, and she's very familiar our most important systems.
All anyone else knows is her job title is "Level 17 Engineer", she's got a firm handshake, and she knows how to find a cycle in a linked list.
It'd be pretty absurd for me to let myself get outbid on salary by someone with less information.
I don't think they really care, or feel that they have to care. The way that I've seen it work is they'll make rare exceptions for individuals they absolutely can't lose or wan't to hire but that's it and the exceptions truly are rare.
I absolutely agree that they dont' care on an emotional level, but they're going to find it difficult to run a business when 90% of the senior staff leave and take their institutional memory with them.
Yeah, anyone that assumes these people care if it hurts the company in the long run is just mad, all they want is to see the stock go up after the announcement.
Top employees often have an axe to grind, an ego to satisfy or a ladder to climb. This is the last thing a corporation wants or needs. When I was a manager in Corporate America, I was instructed to screen out overly ambitious or eager candidates. They are just too much trouble for what amounts to normally a 10-20% increase in performance over a regular candidate.