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It's a reasonable response. Some companies simply can't afford to pay higher - if you don't have VC money, for instance. It may well be that they can't afford
by joshvm 9y ago
It's a reasonable response. Some companies simply can't afford to pay higher - if you don't have VC money, for instance.
It may well be that they can't afford someone who can build statistical models, but they can probably get someone more junior who's willing to learn. The new hire gets paid and gets experience, the company gets the job done. There are plenty of (experienced) people for whom money is not the prime motivator.
I would look at it a different way: if a company offers you a below-market rate, would you get paid a lot more if you can add significant value to the company in a year or two? Is the gamble of being underpaid in a small company worth it for you?
- deleted 9y ago[deleted]
- fwdpropaganda 9y agoYou're assuming this is a small company. It's not.
- dvt 9y ago> It's a reasonable response. How is the response "you're too focused on money" when trying to get a job to make money a reasonable one? > There are plenty of (experienced) people for whom money is not the prime motivator. There really aren't. This is a myth of the highest order. There might be some, but certainly not many. If they have families or debt, that number basically goes down to zero. And for the record, £35k in London for a software engineer is a laugh-out-loud joke; a bus driver's starting salary is £25k.
- joshvm 9y agoThis seems to have provoked a rather angry reaction. The company have stated what they're willing to pay, if that doesn't meet your expectation then look elsewhere. It's not a personal slight. On the flip side there are plenty of jobs which will pay more, and plenty (no doubt) which pay less. You can laugh at the job adverts and get angry when they won't pay you what you think your market rate is, but does it really matter? If you're that good, then you'll find a job which pays you what aspire to. Note that the OP indicates they were rejected at a screening stage, which implies that there was no wasted time on interviews. I have no idea what the job is/was beyond that it involved statistics. The OP provided no details, although a followup post suggests it's not a small company. I used that as an example of a situation where you might see this sort of salary, and some logical justification for it (the morals are debateable). If it's a big corp then obviously you might expect different standards of pay. I would give you academia as the obvious counter-example to your second argument. There are thousands of talented people, globally, earning peanuts compared to what they could in industry because they enjoy the work they do. I'll admit some compared to the hundreds of thousands of hungry developers, but it's not insignificant. Starting postdoc salary in London is around £35k for instance, with annual progression up the national spine point scale. Academia is one field which has historically had excellent benefits for staff including regular travel, very flexible working hours and freedom to work as independently as you want. You also tend to get more holiday than industry e.g. 30 days is standard. That's a pretty good tradeoff to some folks. Is it a laugh out loud joke? Public sector employees don't earn much more than that initially. To take a fanciful example, SIS/MI6 are currently advertising a software engineering role with a range starting at £32k.
- Retra 9y agoIf someone wants me to not be focussed on the money, they had either be paying so much I don't have to think about my bills, or they had better give me so much power that I can spend every day working on my own projects. Offer anything else and I'm going to be thinking about how I can pay my bills by doing work on your projects to the detriment of my own.
- yowlingcat 9y agoWrong. This is a naive thought which is thoroughly divorced from the market reality. There's no free lunch, and no qualified candidate below market rate -- if you don't pay in one form, you will pay in another form. Companies which do not allocate budget properly to hire competent employees pay for it with their bottom line.