CenturionSounds familiar?
solarvectorIt’s because they know one dissatisfied person leaving is cheaper than either giving everyone a raise or creating 1 satisfied but many angry people after the others were ‘unfairly’ looked over for a raise.
That and for many people/managers it’s just the default to do nothing until required.
That is only true when employees are not skilled and do not gain inside knowledge.
Small business with one person leaving having a catastrophic impact, sure.
Giant corporation, one person can’t tip the scales, regardless of skill and knowledge.
Small businesses do the same shit.
As an embedded systems engineer, I left a small business to triple my pay. They eventually replaced me with someone at twice my old salary, but they couldn’t hack it and the company folded not long after.
Definitely agreed. I’m just saying that example can crush a small company, but in a larger one the risk is spread out to be more of a “the house always wins” situation. Even if they lose some of the time they will come out ahead with the shitty exploitative strategy.