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I think by highest paid applicant they meant have an auction system instead of a lottery system. The highest paid job offers up to the quota will get accepted i
by pkaye 10y ago
I think by highest paid applicant they meant have an auction system instead of a lottery system. The highest paid job offers up to the quota will get accepted instead of picking them randomly. But there is still issues like valuation of stock options in such offers. Also cash strapped startups may have a hard time against big companies like Google. Maybe it needs to be a combination of pay and some random factor?
- xiphias 10y agoI think it's totally fine if only base salary, guaranteed minimum bonus and maybe liquid stock options are used in the calculations. Most people here who had experience with startups wrote that non-founding employee options should be valued at 0 anyways. Also Google doesn't abuse workers like some startups do, so it adds extra safety to immigrants.