While time spent in a specific role may correlate with commitment, experience, or knowledge, it doesn't necessarily correlate with value to a company.
To get a raise or promotion, you're going to need more than tenure — you're going to need to create additional value or increase your scope of work.
In this case, the company is getting more value by paying more, but paying more doesn't always equate to more value.
For many positions, it can be hard to determine if an experienced person is providing more value than a non-experienced person.
The question that the company will ask is, does the hire salary cost outweigh the cost of hiring a new employee?
Persons:
Brandon Southern, I've, you've
Organizations:
eBay, GameStop, Morning, Brandon