Hmm, I understand the perspective of keeping expenses down, but it's essential to consider the long-term implications. Without a clear career path, employees may lose motivation and job satisfaction, ultimately affecting their performance. High turnover rates can lead to a negative reputation for the company and constant onboarding & offboarding, which is both costly and disruptive. Am I missing something here?

Employees lose motivation because the work is boring or they aren’t getting paid enough. It’s not because they don’t have a clear career path. A lot of companies have hierarchies and there’s always the next level to reach, but it doesn’t mean I’m motivated as a result. I’m motivated because the work is meaningful, or because I want to make more money. Not because I am going to eventually be a VP then director if I continue grinding