Doesn’t this kind of make logical sense? If a company wants to hire you, they’re going to have to offer a compelling reason. If I’m content with my job, I’m. It leaving for a 10% raise. Heck, I don’t think I’d leave for a 20% raise.

I do however think employers can retain employees with a combination of benefits. If you have a good salary package, then combine with extremely flexible work schedules and good benefits, you don’t need to offer over the moon raises yearly.