Well I mean there’s a valid argument to be made that giving an employee a raise instead of finding/training a new employee is not only cheaper in the short term, but can provide exceptional ROI in the long-term (depending on industry of course).
As long as the employee is producing X amount of value for the company and the value is greater than the total cost of that employee the math is simple, reasonable, and healthy.
As long as the employee is producing X amount of value for the company and the value is greater than the total cost of that employee the math is simple, reasonable, and healthy.