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It’s because job hopping programmers are compensated for how rare their skill is in the market and not how much value they add to the business. It’s another fla
by thewarrior 6y ago
It’s because job hopping programmers are compensated for how rare their skill is in the market and not how much value they add to the business. It’s another flaw in capitalism.
Reward employees a direct and substantial cut of the profits and incentivize to them to stay 5-10 years and these behaviors should disappear.
The loss of job security, frequent job hopping has created more incentives to optimize for the next job switch and not value add.
The explosion of startups also contributes to this. They often have to attract employees by offering the promise of autonomy. Most startup employees know they aren’t getting rich. So they milk the startup for maximum resume points and move on.
The VCs unload these bloated companies into inflated stock markets and the cycle continues.
DHH runs really small companies and pays his employees really well and doesn’t work them too hard. Employees have no real reason to leave. They see a direct link between the low overhead and their job security and work life balance. Aligning incentives fixes this.