title: Why External hires get paid more.
scene: meeting
#4434: Why do we willingly pay market rates for external hires yet still cap salary increases for internal promotions?
#0404: Because, regardless of circumstance, companies are generally skeptical about significant pay increases.
#4434: You get that there's no way of knowing if the external hire is getting the same level of increase, right?
#0404: Yes, thank goodness, or we'd never hire anybody.
caption: When it comes to salary, big moves up generally start with moving out.