I used to work for a private company that had a market cap in the billions of dollars and is the dominant monopoly in their field. I left that job in September. Here are things they could have done to make me stay (only would have needed one):
- Increase paid vacation from 3 weeks to 6+ weeks
- Increase base salary to match offers I was receiving at other companies
- Reduce work week from 40 hours to 32 hours
- Hire people more experienced than me so I can learn from them and keep growing
- Fire the toxic team member on our team who, despite being junior to me in experience and ability level, was at risk of becoming my manager on a long enough timeline simply because he had been at the company longer than me
However, none of these were offered to me when I announced I would be leaving. I was leaving to move to my own company so I was open to being convinced to stay but there was never a serious attempt. Instead everyone during my exit lamented how hard it is to hire people right now. I had a good team and the company is pretty decent but HR was seriously lacking when it came to managing developers.
- Increase paid vacation from 3 weeks to 6+ weeks
- Increase base salary to match offers I was receiving at other companies
- Reduce work week from 40 hours to 32 hours
- Hire people more experienced than me so I can learn from them and keep growing
- Fire the toxic team member on our team who, despite being junior to me in experience and ability level, was at risk of becoming my manager on a long enough timeline simply because he had been at the company longer than me
However, none of these were offered to me when I announced I would be leaving. I was leaving to move to my own company so I was open to being convinced to stay but there was never a serious attempt. Instead everyone during my exit lamented how hard it is to hire people right now. I had a good team and the company is pretty decent but HR was seriously lacking when it came to managing developers.