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There's your problem. Your minimum base pay for senior engineers is far under market. Add about $40-$50K and you might get some interest.
by programd 10y ago
There's your problem. Your minimum base pay for senior engineers is far under market. Add about $40-$50K and you might get some interest.
- AlexThorn 10y agoDefinitely. It's hard to imagine a salary of $125k/yr being competitive for senior developers or directors in NYC, whether we're talking about a startup or a billion-dollar company. Moreover, people capable of working remotely can participate in job markets (and benefit from their corresponding pay rates) not only in NYC but also places like San Francisco and Boston. From a personal perspective, when job postings mention 'competitive' pay but won't establish a baseline expectation involving concrete numbers, I generally feel safe making the assumption that the salary on offer is on the low end of average; otherwise, mentioning it explicitly would be a great differentiator.
- obiefernandez 10y agoI purposely said $125k minimum since that is the lower bound of our Engineer IV salary band. What we pay for director-level is entirely based on experience (e.g. a master craftsman might make more base than I do as an SVP) That said, it is possible that we still need to pay more.
- AlexThorn 10y ago> That said, it is possible that we still need to pay more. It can't hurt! One might also consider referencing a concrete salary band in the job posting. IMO, the cons from the hopeful employer's perspective (relinquishing some negotiating power) are far outweighed by the pros (setting correct baseline expectations as to both required skill level and average compensation for same).
- marssaxman 10y agoThat does not match my experience. Is this something that has changed recently in Silicon Valley?
- davidjnelson 10y agoExactly. Far, far under.