&gt;It would be safe to say that those two people didn&#x27;t quit because other employees got a raise. It was probably due to the fact that their contributions didn&#x27;t hold the same value anymore.<p>The linked NYT article in the posted article says that the two that quit were two of the &quot;most valued employees&quot;, which to me seems like people who were early hires or responsible for some&#x2F;most the revenue (through tech&#x2F;sales&#x2F;whatever). If that&#x27;s the case, they took the small&#x2F;early business risks and when a pay off came, they got passed over. I would absolutely consider other opportunities if that happened to me and I was in a key position because it&#x27;s likely I was under market value to begin with.<p>If you want to do this kind of thing, all of your early hires have to be on board with the eventual change or you just need to hire everyone at $70k minimum from the ground up. If not, it&#x27;s reasonable to expect high performers to leave. Mr. Price either didn&#x27;t know how those two felt or didn&#x27;t care.<p><a href="http:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;08&#x2F;02&#x2F;business&#x2F;a-company-copes-with-backlash-against-the-raise-that-roared.html?_r=1" rel="nofollow">http:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;08&#x2F;02&#x2F;business&#x2F;a-company-copes-w...</a>