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Ask HN: Would you be interested in becoming an engineering mercenary?
Looking for a feedback on a startup idea, fuelled by the recent boom in engineering jobs market.
Let's say you join a well-funded Silicon Valley company on a full-time basis (and a Bay Area level of salary), but for a limited time: usually between 6 and 12 months.
You get 1-month notice before the engagement ends and after that receive fixed monthly retainer until you get another similar offer.
What would look like a reasonable retainer to make this worth considering for you?
- dataminded 6y agoDoes retainer mean less than my full salary? If so, I don't see why I would plan to take a pay cut on-purpose. What's the upside here? Do I also lose benefits during that down time?
- Riphyak 6y agoThanks. The idea is that you're getting a retainer equivalent to a mid-market salary outside Bay Area - and then get Bay Area level compensation (+30-50%) while on an active job. You don't lose your benefits
- Nextgrid 6y agoWhat's the new thing here that contractors don't already do? The "insurance policy" of being paid a retainer until you get your next job, or something else that I'm missing?
- Riphyak 6y agoThanks for your question. 1) The gigs are guaranteed full-time and 3 months minimum. 2) Yes, the 'insurance'. You become de-facto employed full-time - with an upside when you're getting a project with a customer.