I think a lot of companies think of themselves as the better side of a tradeoff between QoL and compensation. "Sure, you could make more money elsewhere, good luck with that!"
Makes sense when you think about it from a business perspective. Some people like running lifestyle businesses. These businesses won't make anyone rich, but one can carve out an economic niche regardless. That niche is predicated on being willing to accept less comp than the broader market pays.
My last job was just such a compromise, and, I gotta tell you, if they had listened to me when architecting their new ecomm platform, I'd still be working there, not moved on for $20k more comp.
Corporate feudalisms are actually really nice when you're living in the castle, not working the fields.
Makes sense when you think about it from a business perspective. Some people like running lifestyle businesses. These businesses won't make anyone rich, but one can carve out an economic niche regardless. That niche is predicated on being willing to accept less comp than the broader market pays.
My last job was just such a compromise, and, I gotta tell you, if they had listened to me when architecting their new ecomm platform, I'd still be working there, not moved on for $20k more comp.
Corporate feudalisms are actually really nice when you're living in the castle, not working the fields.