... that is why in modern industry there are problems when they let an experienced employee go to save money and expect the same results from the new guy ...
The bean counters can't quantify the value of experience accurately (if they try at all) or value it to justify their decisions to save money so they pay the price in lost quality, lost customers and lost revenue down the line.
I'm running into that right now with layoffs in my departments. Seniority of paper-pushers trumps that of good production people.
A while back I was talking to a manager at one of our distributors. I mentioned that we were shipping ~$200K/day.
He says "We ship about twice that. I suppose it's a little more difficult when you have to
make the parts like you guys do."
I chuckled and said "Yeah, just a tad."