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> Maybe it would be in their interest to pay more, so you don't leave.

I think that would have limited effectiveness. In my experience, people usually don't leave because of pay reasons, and more pay wouldn't get most of them to stay.

They usually leave because they want to learn something new, or work on something different, or there are things about their working conditions or company that makes them very unhappy.

Offering more money would keep some of them around, sure, but not most of them. And those that it keeps around will still have those problems, but they'll no longer be able to address them. That can't be good for them or for the company they work for.



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