This is how competitive companies compete for the best employees and makes sure employers treat there employees well.
Example: Company A hires a really good Bank Officer who works hard and increases there yearly profits. But treats him poorly, no yearly increases. Etc etc.
Company B knows that Company A has a really good Bank Officer on staff. Company B offers him a counter offer of more salary, or benifts for his services to increase there profits.
Since Company A treats the Bank Officer poorly he accepts the offer and moves to Company B. Company B now becomes more successful in the long run, with increased profits. Because of professional qualityed staff and staff retention.
This is how competitive companies compete for the best employees and makes sure employers treat there employees well.
Example: Company A hires a really good Bank Officer who works hard and increases there yearly profits. But treats him poorly, no yearly increases. Etc etc.
Company B knows that Company A has a really good Bank Officer on staff. Company B offers him a counter offer of more salary, or benifts for his services to increase there profits.
Since Company A treats the Bank Officer poorly he accepts the offer and moves to Company B. Company B now becomes more successful in the long run, with increased profits. Because of professional qualityed staff and staff retention.
Company A, closes its doors and becomes bankrupt.