The last smaller company I worked for knew they couldn't compete on salary, and knew they had to rely on training up novice coders. So, they made the environment as positive as possible, with weekly group training, pair coding, and round-robin technology presentations from the entire team.

I'm currently contracting at a large company, refactoring code that was clearly written by people with no time or motivation to learn their tools, who were just trying to get their feature to 'pass' the tests. New technologies are incorporated without fully reading the docs, and then never upgraded as fixes and improvements got published. Time for training and development? Nobody has making the time for refactoring. And, the source code is evidence that it has been this way for years.