Well congrats on your org for having integrity - but the math is simple, let's say the median employee has been at the company for 2 years, during which his market rate has jumped by 20%.
To hire a new employee at market rate, you have to give your team of lets say 10 employees that much money, which is euqivalent to hiring another 2 people for 'nothing'.
To hire a new employee at market rate, you have to give your team of lets say 10 employees that much money, which is euqivalent to hiring another 2 people for 'nothing'.