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I really don't understand the 'investing money into someone' mindset, companies (in my experience) rarely put in much of anything besides a few perks and benefi
by nwmcsween 8y ago
I really don't understand the 'investing money into someone' mindset, companies (in my experience) rarely put in much of anything besides a few perks and benefits. Honestly if google wants to get the best of the best why try to hire them? Create them, make programming, IT, etc work apprentice based and let under performing apprentices get drudge work until they gain the knowledge/drive to do the more important work.
- WalterBright 8y ago> I really don't understand the 'investing money into someone' mindset, Consider that the benefits package is usually worth something like 40% of salary. So for a $150K salary, you've got $210K invested in the person, plus whatever it costs to provide office space, support, etc. If he doesn't work out, you've lost a big chunk of change. Worse, you've lost the time and what a better hire might have produced. It's an investment any way you look at it.
- nwmcsween 8y agoBenefits like that usually have a TTL period. Apprentice an employee at a lower wage, IIRC some European countries already do this.