4 ms·
but do you lowball them though?
by livinglist 4y ago
but do you lowball them though?
- username_my1 4y agono ... we pay market salary ... but we can't pay VC money, every 3 months company retreat, spa ... and we can't pay FANG
- murderfs 4y ago> we can't pay VC money > we can't pay FANG So you're not paying market salary.
- username_my1 4y agolots of people think that vc money rates are market rates.
- mattcwilson 4y agoDo they also think that Lamborghinis are “market cars?”
- sokoloff 4y agoThey’re not paying the top of market salary. They are paying a market salary. People who want the full FAANG experience are welcome to chase/choose that. This article and comment thread is about a hypothesis that there are very good developers who don’t want that full FAANG experience and how employers might meet them at another point on the multi-dimensional frontier defined by (company, interesting problems, pay, colleagues, BS, on-call, work conditions, tech approach, remote, etc.). Different points in that space have different market rates. The rate to work 3 days/week, full remote, with three other great colleagues on a project personally meaningful to you is different than a 5-day per week job on-site in an open bullpen pushing software to wring more value from a warehouse worker or target ads 0.0001% better.
- brabel 4y agoIf you think FANG is market salary you understand neither what the FANG acronym represents (the very top companies in the industry) nor what market salary means (average salaries - NOT what top companies can pay in SF).
- compiler-guy 4y agoIt turns out supply and demand are both curves, not points. A "market salary" is the entire graph--and even that is vastly oversimplified.
- amag 4y agoPersonally, company retreats are generally a big turn-off for me. I prefer traveling with my family. And if I have to travel for work, I prefer it to be about the actual work and not about going someplace with the rest of the company to stand in a conference room chanting weird slogans or what not. If the work is interesting, I'd rather keep doing that and if it isn't, a company retreat is _not_ going to help.
- throwaway1777 4y agoCompany retreats have nothing to do with traveling on your own during your pto… With remote work it’s going to be extremely common for teams to “get together” a couple of times per year in person. This doesn’t seem like a bad thing? It’s fine not to like it but it seems valuable.
- amag 4y agoSure, but they have a lot to do with spending time away from my family. If I'm to spend time away from my family I want that time to feel worth-while. I have yet to go on a company retreat that felt worth it. The biggest boon to a company retreat has always been to come and see a new place but then I've always wished I could share that experience with my family instead.
- 908B64B197 4y agoHow much? Have you tried raising more? What went wrong?
- take_it_not 4y agothat’s not a good question