[alexqgb]

Not convinced this helps the investors either, if the employee is staying within their broader portfolio of companies. Yes, he may cost a bit more, but presumably he's moving to do more valuable and / or productive work, so the uptick in salary should pay for itself several times over.

[cma]

Let's say all he does is leverage your offer to get a raise at his current job. That raise comes out of investor dividends.

[codeonfire]

Lets say the price of electricity goes up. That comes out of investor dividends also.

[cma]

I wasn't saying that he wouldn't be right to or they shouldn't pay market rates. I was just refuting the idea that an employee working at a company in a portfolio that interviews at another company in the same portfolio could only do so at a benefit to portfolio shareholders. That's really naive.