I don’t get how corporate is so detached that they’re making these policies. I left my last job about a year ago because a competitor offered 30% more. My manager said they could do 3% and, with regular raises, I’d be at that amount in 10 years. I know his hands were tied and he was just grasping at any reason he could come up with to keep me, but that just makes me even more incredulous that companies are crafting policies like this.
Edit: This job also requires about a year of training to be halfway decent, with multiple business trips overseas, so they didn’t even save any money as far as I can tell.
They’re not detached, they’re playing a different game. The game of the greedy little piggies.
If I give you a raise, well, it just might get out that we give raises around here! Suddenly, I got all these, lazy, do nothing greedy little piggies asking for more money! That 5k becomes 20k, then 50k, etc.! My hard earned slop is drying up quick!
But if I hire someone new, I send the exact opposite message. We don’t do raises here, and if you don’t like it, we have no trouble replacing you, greedy little piggie!