Earlier quoted context omitted.
In part because you have to jave enough sr people able to mentor. There's not a great industry framework. As a plumber, you pay your apprentice usually 60% sr/journyman salary with a 5% increase every 6 months to match the value of the skill up. There are also industry standard, industry funded classroom settings, that teach things like building codes and industry standards and some adjacent trade craft. Instead you…
> In truth, it wastes the talent you've built to not be aggressively increasing their comp to match the skill increase you're providing. The issue is that we don't quantify what hiring someone actually costs. We're willing to spend $20k on finding a candidate for 160k yet the people in the same position are sitting at 120k and getting a 3-4% raise. The new person needs time so expect at least a month of training, yet…
I'm fine with an annual cost of living adjustment once I get to a SR level because I'm not increasing skill at a rapid pace, I'm exercising my skill in the expected way. For a Jr path, that doesn't make sense. getting a cost of living adjustment and being twice as good as you were last year means you're a flight risk and that will cost the company more than just paying people what they are worth.