📝Long-tenured workers should be paid above the market

source

Dean₂₀₂₁

Argument

• Long-tenured workers acquire company-specific knowledge—the company-specific knowledge is valuable and makes the person produce more output than at any other place.

Counterargument

• Sometimes new devs bring in new ideas
• Long-tenured workers could become too rigid or can start slacking off
• Is there useful experience gained from working in different companies?