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The Ol' Two Year Shuffle
(lemmy.stuart.fun)
Post funny things about programming here! (Or just rant about your favourite programming language.)
I mean, I would prefer to stay at the same place than hopping around, but I’ve never gotten a raise that pays as good as a new job at a different company
I still don't understand the reasoning behind that tactic.
Why would a company effectively force turnover like that? No argument I've ever heard makes sense, if you think about for more than a few seconds.
I think it works when employees don't want to switch jobs even when they don't get good raises. Then it's like a decision between giving out 100 good raises and keeping everyone or giving out 100 low raises and keeping 95 people.