Re:Why don't tech companies pay their engineers to stay?
by projectazorian on Tuesday August 03, 2021 @04:56PM
(#28054088)
This is true in many cases but internal transfers can still make sense.
Searching costs are a lot lower internally (no leetcoding needed in most cases, hopefully) and you are more likely to be able to land something outside of your current skillset, increasing your long term compensation and job security.
Re:Why don't tech companies pay their engineers to stay?
by sdoering on Tuesday August 03, 2021 @04:54PM
(#28054061)
Only difference would be, that in current company it is more easy to get an understanding if new project management sucks.
> People hire at companies, bbut leave their boss.
In my anecdata thus rings true.
Let's say I want a new project. I can search for a new team internally, find a mutual match, sign on, start and.....keep my current salary.
Or I can search for a new team externally, find a mutual match, sign on, and get (in most cases) a significant raise and a new sign-on bonus.
Even at a company I like, there's a significant incentive to leave.