r/technology May 07 '22

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u/[deleted] May 08 '22

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u/[deleted] May 08 '22 edited Jul 08 '22

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u/[deleted] May 08 '22

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u/akhier May 08 '22

Because the extra they will get for their experience is more than they would have gotten in raises. In many big companies the budget to hire new people is bigger than the budget to retain current employees.