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Provide an environment and incentives so that people enjoy working for your company and don’t want to leave.

> if in two years they'll leave for a larger company anyway.

But if companies aren't hiring juniors like they used to, shouldn't retention be a lot easier?

> What incentive for a smaller company to hire and invest in training the junior if in two years they'll leave for a larger company anyway.

I find these statements so damning and self-incriminating. It's an open admission that the junior should expect to be treated poorly.

This is the way.

Our company hires a bunch of juniors from different fields every year, we keep the best ones and let the others off with recommendations (if warranted and in most cases they are).