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This has been the case as long as I can remember. That's why people advocate jobhopping. I'm one of them. Until there's as much money in the talent retention coffer as there seems to be in the talent acquisition coffer, there's no reason to stick around past the three-year mark.
Chief
I’ve seen this before as well
It’s super weird because it’s far cheaper to retain people and promote than have to train a fresh outsider
I think this is just the nature of the job force. The best way to grow your salary is to job hop. It would be great if company’s valued loyalty more