> but I feel like at a lot of companies (especially smaller companies), this is the reality.
Exactly.
There are many small companies that will be far more impacted be one of their 2 developers leaving than they would be by the owner being hit by a bus, but they'll still balk at raising salaries.
Well market dynamics over the long term should take care of companies that short sighted. They will be outcompeted by others that are better at building organizational capacity.
Well that’s sorta how life works? It’s like any other market dynamic that organizes society. No guarantees that anyone will be utilized to their highest and best purpose.
Exactly.
There are many small companies that will be far more impacted be one of their 2 developers leaving than they would be by the owner being hit by a bus, but they'll still balk at raising salaries.