Episode 331: Why women monkey branch
PsycHacks
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The Cost of Hiring a Poached Employee
Big bumps in title and lifestyle generally don't happen internally. They happen laterally. And on the occasions they do occur internally, they generally occur in order to retain someone who has received a better offer elsewhere and is willing to leave. Poaching companies pay more because they have functionally outsourced the due diligence and training processes. This strategy is cheaper for the company than developing its own talent.
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