In the job they’re in, people already know the scope of the job they have to do as well as the quality of the work environment and colleagues they have, plus have the comfort of a well established routine, whilst at a new job they don’t - moving jobs is both a disruption and a risk so it is absolutely natural for people to only do it if they either have no other choice or stand to gain from taking that risk.
Only suckers move jobs for no gain.
That said, the “gain” needs even not be more pay (for example great career opportunities or interesting projects can also work), it’s just that from the point of view of a prospective employee, more money is a low risk benefit (because it’s pretty much guaranteed since it’s there black and white in a contract), whilst things like promises of great career opportunities or working in interesting projects are high risk because they might just be bullshit, oversold or not materialize for some reason or other, so in the risk-reward calculus in the mind of anybody with even the most basic business sense, a low risk reward is worth more than an equivalent reward with higher risk, so more money tends to be preferred.
That this guy can’t actually understand what is a pretty basic piece of human Economic thinking leads me to believe that he probably has no other option than to offer more money because either he has nothing else to offer that would attract people away from other companies, people simply don’t trust his promises or overselling of how great working in his company is or they fear that a job at a company he is managing is more likely to be lost due to the company failing.
If an employer doesn’t think I am worth it and won’t pay me more without asking I’d rather find one that apreciates what I do and leave. Last place I worked had every VP call me and ask if they could do anything or pay me more. Welp should’ve asked me that a year ago mate. They also said misogynistic things and made it a lot easier to leave lol.
I’m reading his post the other way around: I think he is bitching and moaning about having to offer a lot more money to attract somebody from the competition.
The situation were somebody has already chosen to leave and the opde employers offers more money as a last ditch effort to keep that employee is a whole different affair with, as you pointed out, the whole element that them offering you more money when you’re about to leave means that they’ve knowingly been underpaying you all along.
Same thing happened last time. I switched jobs. I was like “I’ve been telling you all the problems with this place for 2 years. Why are you even asking now?”
In the job they’re in, people already know the scope of the job they have to do as well as the quality of the work environment and colleagues they have, plus have the comfort of a well established routine, whilst at a new job they don’t - moving jobs is both a disruption and a risk so it is absolutely natural for people to only do it if they either have no other choice or stand to gain from taking that risk.
Only suckers move jobs for no gain.
That said, the “gain” needs even not be more pay (for example great career opportunities or interesting projects can also work), it’s just that from the point of view of a prospective employee, more money is a low risk benefit (because it’s pretty much guaranteed since it’s there black and white in a contract), whilst things like promises of great career opportunities or working in interesting projects are high risk because they might just be bullshit, oversold or not materialize for some reason or other, so in the risk-reward calculus in the mind of anybody with even the most basic business sense, a low risk reward is worth more than an equivalent reward with higher risk, so more money tends to be preferred.
That this guy can’t actually understand what is a pretty basic piece of human Economic thinking leads me to believe that he probably has no other option than to offer more money because either he has nothing else to offer that would attract people away from other companies, people simply don’t trust his promises or overselling of how great working in his company is or they fear that a job at a company he is managing is more likely to be lost due to the company failing.
If an employer doesn’t think I am worth it and won’t pay me more without asking I’d rather find one that apreciates what I do and leave. Last place I worked had every VP call me and ask if they could do anything or pay me more. Welp should’ve asked me that a year ago mate. They also said misogynistic things and made it a lot easier to leave lol.
I’m reading his post the other way around: I think he is bitching and moaning about having to offer a lot more money to attract somebody from the competition.
The situation were somebody has already chosen to leave and the opde employers offers more money as a last ditch effort to keep that employee is a whole different affair with, as you pointed out, the whole element that them offering you more money when you’re about to leave means that they’ve knowingly been underpaying you all along.
Same thing happened last time. I switched jobs. I was like “I’ve been telling you all the problems with this place for 2 years. Why are you even asking now?”