> In short, there’s a lot more corporate bureaucracy in giving a raise than there is to giving a higher offer to a new hire.
As an IC, it’s hard to sympathize with this argument. This is corporate bureaucracy that a company *chose* to create. How they got here is a matter of debate, but this doesn’t feel like a good justification for not rewarding loyal, high level performers.
This argument always stuck me as a weak appeal to (an ambiguous) authority.