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What I have found is that top talent will leave due to the lack of a pay differential between average and high performing talent.

I'm going to start coming across as a weird Basecamp fanboy/stalker soon, but on this particular point people don't seem to ever leave Basecamp. It's very rare for they to be hiring, which wouldn't be the case if they had a high level of staff turnover. What you've found is not applicable to them for some reason.



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