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Are you implying that they should be paying much more just because the company can afford to? This doesn't seem like good business sense, especially when they'r
by SmellyGeekBoy 7y ago
Are you implying that they should be paying much more just because the company can afford to? This doesn't seem like good business sense, especially when they're already paying above market rate (and based on the highest market rate in the world, at that).
- theredbox 7y agoNo but DHH's attitude is holier than thou. He is from denmark so called socialist paradise but he wont ever admit why Denmark cant work for everyone the same way Basecamp cannot be a good example as a company. Basecamp pulls in incredible sums of money and can afford the few that they employ the benefit of earning a reasonable wage.
- jstgdwrd 7y agoAre you suggesting that not all companies can pay a reasonable wage?
- scarface74 7y agoLooking at all of the money losing tech companies that are operating, most of them could not afford to pay their employees if not for VCs. Edit: added Not
- deleted 7y ago[deleted]
- bluedino 7y agoAt the end of the article, he says: Just remember to go at your speed. Basecamp wasn’t paying these top end salaries when we started. Or even after we’d been around for five years. We do it because it’s possible now. Not because we’re putting ourselves in a bind trying to keep up with Mr Venture and Mrs Capital.
- vostok 7y agoI think they're saying that it's not a very appealing place to work if you can get $500k or higher offer from the Googles and Facebooks of the world.
- vonmoltke 7y agoHow many people can actually get that, though? Those are outlier numbers.
- aantix 7y agoTake a look at the engineers at Basecamp. Many with 10+ years with the company, numerous contributions to The Rails ecosystem. They are the outliers.
- vostok 7y agoClearly few enough that basecamp can still hire people. I'm not saying it's typical. I'm just explaining where the parent comment is coming from.
- brandall10 7y agoThe vast majority of those comp packages are due to stock appreciation, and in the cases where they are not, it's due to competition between FAANG companies - all of which require you to relocate to a super high COL area and go into an office and deal with a questionable corporate environment. None of this applies to Basecamp, and as much as I'm a fan of Rails I've spent a lot of time in that source and am not of the mind that a top Rails hacker is doing work nearly as difficult as the more sr. staff at a FAANG.
- aantix 7y agoMy thoughts are that people like Sam and Jeremy have years of open source contributions to Rails that which make their way into Basecamp, are world class programmers and would easily be 500k+ engineers at a FANG company. And they should pay them as such.