Existing employee Vs External hire

Uber
hfbsna

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hfbsna
Apr 11, 2021 4 Comments

Why do companies prefer to hire a person with same level of experience at a much higher comp than existing employee at the same level ? Hell, companies are even giving more money to the same employee who left and came back after a year.

What philosophy am I missing ? Is it high time companies start rewarding loyalty ?

#tech

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