Why Companies Overspend on Recruiting and Underspend on Retention

Re:Why Companies Overspend on Recruiting and Underspend on R... by BJones12 on Tuesday December 17, 2024 @02:03PM (#42444197)

> They’re addicted to the next shiny thing—the new hire who “must be better” because they’re fresh talent.

Here's another take: Job searching is painful for employees. Employees must be offered an incentive to go through it (more money for new hires) and are willing to accept some loss to not go through it (being paid under market value for existing employees).

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Re:Why Companies Overspend on Recruiting and Underspend on R... by unshavedyak on Tuesday December 17, 2024 @02:08PM (#42444240)

That's why i don't. Especially considering unknowns. If i'm not actively wanting to leave my job i probably generally like it, and who knows what the next job could be like.

Leaving my current job might mean just one new job or a half dozen until i find a good place again.

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Re:Why Companies Overspend on Recruiting and Underspend on R... by brokenmachine on Tuesday December 17, 2024 @09:45PM (#42447676)

Me too. Current job has a lot of positives but of course some negatives. New job could be better, but probably a wash overall.

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Re:Why Companies Overspend on Recruiting and Underspend on R... by cbdhsjshs on Tuesday December 17, 2024 @09:24PM (#42447567)

The pain of job searching varies. The more competent you are, the more opportunities fall out of sky (recruiters and personal network). The more underpaid you are, the better those opportunities look.

If it's hard to find a job, then, well, yeah, you should expect a mediocre and stagnant salary.

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