7 ms·
> "...move to a company that appreciates such work and rewards it appropriately." Which takes 1-2 years of very hard work to discover, by which time the employ
by staunch 6y ago
> "...move to a company that appreciates such work and rewards it appropriately."
Which takes 1-2 years of very hard work to discover, by which time the employee has invested a huge amount of effort for 10-30% more salary and 1-20% more equity than a new hire who has contributed nothing.
And this employee has to wonder why they're contributing so much more when other people are doing almost nothing and getting nearly the same reward. Which leads to the best people quitting and the worst people staying.
Most startups treat "The Senior Leadership Team" like unique people who matter and have to be compensated like they're hard to replace. They get employment contracts, large bonuses of equity/cash, and special treatment. Everyone else gets lip service and the treatment of replaceable cogs in the chain.
For example, the 10x programmer typically gets 10-20% of what an incompetent VP will earn in total comp. Because they're treated like two different classes of employee.
And this fact hurts most companies deeply in ways they'll never understand. It shows up in project delays and huge problems, which ultimately cost far, far more than it would've cost to keep the best contributors.