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by zipy124 10 days ago
There is also the fact that hiring outside can be preferred to promoting internally for some reason I have yet to figure out.
1 comments

Internal people are people paid more than their market value (otherwise they would have left).
Is that actually true? I was under the impression it was the opposite.
I'm a bit cynical :) there are other reasons to stay in a job, but the definition of market value is how much you can successfully interview for. So yes staying in a job signals that nobody wants to give you more money.