Here's a scenario.
You have 6 months to rescue this project.
The project been going through 2 years.
Customer complain this not working.
That bug.

Your team mate come and go.
Nobody does the work. All end up to you
You see a new hire.

Delagate all the **** to the new hire.
New hire wondering whether can retirement mode before joining.

New hire can't take it. Quit.
New year new batch. New Higher starting pay.

Senior wondering what's the point.
Demotivated.
Anti fresh grad.
Last year fresh grad pissed off he survived 1 year but increment is average.

Anger turn to frustration when news report yet again the new fresh grad starting salary goes up by 5% again.
While your annual increment not even. 2.5%.

Then you wonder should you quit
You seen so many quit.
Some quit gain success.
Some quit never found success.

Some stayed promoted to director level.
Some stayed never promoted.