I don't contest your math, but I think this suggests the experienced employee is under-priced.
This is a fundamental economic problem in training employees in transferrable skills. It's the reason why companies rarely pay for employees' graduate degrees (even though it can be extremely tax efficient for them to do so), and in the case that they do, they include term requirements (e.g. you have to work for us for 4 years afterwards, otherwise repay a prorated portion).