Well, OK. This post is a little gratuitous and self-serving. But the article is full of little tidbits, not the least of which are in the comments. For example: Alex writes: “The rule of thumb in HR is that it will cost, on average, between 1.5 and 2 times the annual salary to replace someone.” Which might make your average Scotsman wonder: “Could I be earning twice my income by repeatedly flipping my job for HR instead of holding on to it?”
The High Cost of Losing a Developer – Dave Laribee – CodeBetter.Com – Stuff you need to Code Better!
Yes, you might be able to replace someone at a lower annual salary, but you have to take into account the complexity of your code portfolio in how long it’ll take to make that person productive. A $60K/annum employee may very well take $120K before reaching the productivity level and contribution of the developer who left the team.
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