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"OK so tie it to the market average instead?"

My company does do market adjustments. We're were still hiring in people for more money than existing people were making. Mostly because the average hadn't shifted much since the new salaries only affected a small population. The new people we were higher were above the average they were using. Eventually they did do some adjustments for the lowest employees, but it was a bit lackluster.

> > our current team led to us being in a stagnant market position: So we need someone new

> The diagnosis here is ego. The thought doesn't even cross their mind that the leadership might be the actual reason, rather than the ICs who really have very little agency.

Do we work for the same company?

The last place I worked hired a new team and fired the old one. Surprise, the same problems remain.