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> I'm pretty confident I could significantly outearn the CEO if I lived in SF or NYC. Yes you could. But not for a company the size of Buffer. Here's the thin
by Swizec 9y ago
> I'm pretty confident I could significantly outearn the CEO if I lived in SF or NYC.
Yes you could. But not for a company the size of Buffer.
Here's the thing a lot of us often forget to realize: The value you bring to the company is proportional to the value the company extracts from the market.
Can your code improve Walmart's revenue numbers by 0.001% per year? Awesome, that's worth $4,858,700 based on Wikipedia numbers. I'm pretty confident you can get a gigantic salary with those results.
Can your code improve Buffer's revenue by 3% per year? Awesome, that's worth $468,000 according to their dashboard[1]
That's still a lot of money and I don't know if Buffer would negotiate because they like to use their formula. My point was that the value of your contribution can be orders of magnitude different for the same amount/quality/level of work and skill.
[1] https://buffer.baremetrics.com/ https://buffer.baremetrics.com/
- deleted 9y ago[deleted]
- ryanwaggoner 9y agoI've had recruiters in NYC and SF reach out to me with roles paying $250k+. Some of those were with (funded) startups smaller than Buffer. But in general, you're right: the best pay is found at bigger companies. So what? The fact that Buffer can't compete with market salaries for top talent isn't my problem, it's theirs.