I’m admittedly not familiar with the data, but I have the impression that this is true with quite a few fields, tech or otherwise.
I think they prey upon loss aversion.
I think it is just American working culture. Corporations slowly eroded benefits over the years to where we are today and your salary is pretty much stuck at a 3% cost of living raise if you are lucky. My last job had an HR cap at 10% and my boss “pulled some strings” to get me an 8% bump (with a ton of extra responsibilities) and I still made 20k less than the fucking new hires. I still stayed 2 more years.
I’m admittedly not familiar with the data, but I have the impression that this is true with quite a few fields, tech or otherwise. I think they prey upon loss aversion.
I think it is just American working culture. Corporations slowly eroded benefits over the years to where we are today and your salary is pretty much stuck at a 3% cost of living raise if you are lucky. My last job had an HR cap at 10% and my boss “pulled some strings” to get me an 8% bump (with a ton of extra responsibilities) and I still made 20k less than the fucking new hires. I still stayed 2 more years.