> If the fresh blood can do the same job as the seniors but for less money then why wouldn't you do this?
Brain Drain, it's a real phenomena that has real economic impact on a surrounding locality, local economy, and state economies.
Brain Drain affects companies as well, but by the time they notice Brain Drain has occurred, it's too late to rectify.
Hiring for bottom dollar, instead of experience, will increase the the outflow, decrease supporting services in the area, and decrease the available pool of potential employees.
It's a cycle that once begun is almost impossible to stop, even with legislation.
Here's what our Federal Government, and several States have done to discourage the BD effect.
Brain Drain, it's a real phenomena that has real economic impact on a surrounding locality, local economy, and state economies.
Brain Drain affects companies as well, but by the time they notice Brain Drain has occurred, it's too late to rectify.
Hiring for bottom dollar, instead of experience, will increase the the outflow, decrease supporting services in the area, and decrease the available pool of potential employees.
It's a cycle that once begun is almost impossible to stop, even with legislation.
Here's what our Federal Government, and several States have done to discourage the BD effect.
> https://www.jec.senate.gov/public/index.cfm/republicans/2019...