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OK, try paying below market rate and see how long your best engineers hang around then.
by zelos 10y ago
OK, try paying below market rate and see how long your best engineers hang around then.
- robodale 10y agoCompany I used to work for did this. They held raises/bonuses down to the point we all knew we were underpaid. Entire software engineering team turned over in 18 months. They hired 1-2 year experienced developers replacing all of us who had 8-12 years experience at the company. Take a guess at how that department is doing now.
- HarryHirsch 10y agoAt Berkeley they are doing exactly that. If you've ever seen the movie "At Berkeley" there's a scene where the university president discusses that very issue, the University of California system cannot hope to match the salaries offered by the private universities. It would be instructive to go over the list of who stays and who decamps to Stanford.
- jhpankow 10y agoWow if people go to Stanford for more money I can't imagine how low Berkeley pays.