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I exclusively work for whoever is willing to pay me the most, at the least inconvenience to my current living situation. I would feel pretty comfortable wagerin

by baumy 8y ago

I exclusively work for whoever is willing to pay me the most, at the least inconvenience to my current living situation. I would feel pretty comfortable wagering that I'm in the large majority there. I may be off base here so apologies if so, but reading between the lines a bit I'm assuming that you are an early hire or possibly a founder of some startup. Very few people, probably nobody, will be as invested in your business as you are (unless you give them a non negligible amount of equity, and they believe there's a good chance that will actually be worth something). It's understandable that that's a difficult/frustrating fact to accept, but it shouldn't be hard to understand. Acknowledging it will lead you to a more effective hiring process.

drstewart 8y ago
I'd rather work at somewhere with a 0.9x salary with a healthy culture and work life balance and a product I'm excited about than a place with none of those that pays 1.1x salary. I don't think I'm in the minority of that either. That's not to say salary doesn't matter -- it's very important because given two places I'm equally interested in, I'll pretty much exclusively choose based on compensation.
- borramakot 8y ago
  That seems reasonable, but the compensation ranges I've been seeing aren't 0.9-1.1 x a reference salary, they seem to range from 0.3x (crappy consulting) -3x (HFT) the compensation of a mid-range FAANG position. With that kind of variation, it's very possible that compensation differences could overwhelm a normal sized difference in culture quality.
kartickv 8y ago
"I'll work for whoever is willing to pay me the most" is valid from your point of view. But I as a founder don't want people who're in it just for the money, so eliminating such people is exactly why I think I'll henceforth separate out the "Are you interested in this job?" part from the pay part. Perhaps without realising it, you made an argument for the opposite side :)

by baumy 8y ago

drstewart 8y ago

I'd rather work at somewhere with a 0.9x salary with a healthy culture and work life balance and a product I'm excited about than a place with none of those that pays 1.1x salary. I don't think I'm in the minority of that either. That's not to say salary doesn't matter -- it's very important because given two places I'm equally interested in, I'll pretty much exclusively choose based on compensation.

borramakot 8y ago
That seems reasonable, but the compensation ranges I've been seeing aren't 0.9-1.1 x a reference salary, they seem to range from 0.3x (crappy consulting) -3x (HFT) the compensation of a mid-range FAANG position. With that kind of variation, it's very possible that compensation differences could overwhelm a normal sized difference in culture quality.

kartickv 8y ago

"I'll work for whoever is willing to pay me the most" is valid from your point of view. But I as a founder don't want people who're in it just for the money, so eliminating such people is exactly why I think I'll henceforth separate out the "Are you interested in this job?" part from the pay part. Perhaps without realising it, you made an argument for the opposite side :)