<story><title>When new hires get paid more, top performers resign first</title><url>https://hbr.org/2024/03/when-new-hires-get-paid-more-top-performers-resign-first</url></story><parent_chain><item><author>jedberg</author><text>This is one of the reasons I loved Netflix.  Each year they would say &amp;quot;to get new people in the door with your level experience, we had to offer them $XXX.  Therefore we are raising you to $XXX.&amp;quot;&lt;p&gt;Some years I got 25%+ raises.  Netflix understood this like no one else.</text></item></parent_chain><comment><author>theshrike79</author><text>Companies should understand when their business hangs on people, you need to keep the people happy.&lt;p&gt;Hiring people off the street for more money than people with 20+ years of experience isn&amp;#x27;t a good way to keep experienced workers employed.</text></comment>
<story><title>When new hires get paid more, top performers resign first</title><url>https://hbr.org/2024/03/when-new-hires-get-paid-more-top-performers-resign-first</url></story><parent_chain><item><author>jedberg</author><text>This is one of the reasons I loved Netflix.  Each year they would say &amp;quot;to get new people in the door with your level experience, we had to offer them $XXX.  Therefore we are raising you to $XXX.&amp;quot;&lt;p&gt;Some years I got 25%+ raises.  Netflix understood this like no one else.</text></item></parent_chain><comment><author>bluSCALE4</author><text>Makes me happy that at least someone out there is experiencing pay fairness.</text></comment>