I don't get it why hire someone from outside for 100% hike than giving already existing experienced known employee those kind of hike
the max we get is 25%
Whats the logic behind it?

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It’s better to hire one person with 100% hike than giving 10 persons the same hike. Scale it to all the projects in the organisation.

likesmart

They don't trust us. Thinks with 100% hike we will switch to 150% one so better hire a new with 100. That's how they rotate slaves 😆

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Giving everyone 100% is not possible keeping their profit demands in mind. Some are replaced with freshers, some positions with lesser experience and yes some with more salary to new joiners.

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Ghar ki murgi dal brabar!

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If you give 25 percent hike to one person.. Rest of 5000 employees will get disgruntled and would want similar hike.Imagine the cost to company and the resentment that comes with it.
That is why they hire externally with a big hike.

also, hiring budget is always more than retention budget

So that you come out of your comfort zone and switch

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