I dont think so. Were entering a recession. There are more programmers looking for work, good programmers or employees, that will accept the current terms.
This is a terrible way to do business and I am certain not how Stripe is thinking about it. Programmers are not commodities, especially ones that have been around your org for a while. It's also very expensive and difficult to hire new ones, even if you're hiring them at a cheaper salary than the last ones.
Stripe 100% wants to retain its employee base, just like any company would.
But usually, they are treated as such. American companies have a hard time treating most of their white collar workforce as anything but.
On the other hand, Stripe has been seemingly well managed up to this point - but they have only existed in happy times so far. Many companies change their tune when the chips are down.
> It's also very expensive and difficult to hire new ones, even if you're hiring them at a cheaper salary than the last ones.
This may be true - but the average tenure of a tech worker shows most firms are not able to do act on this.
> Stripe 100% wants to retain its employee base, just like any company would.
I wouldn't put it past Stripe, but "just like any company would" is pretty naive. Serious retention efforts are by far the exception in my observation. This also weakens your argument - is Stripe not actively working to retain talent or are they just like "any company?" If really the latter, then they are fucked.
