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> ... your best people will just leave. Where is the evidence for this? I get that it seems like what would happen, but where are the cases proving that's wha

by yuan43 4y ago

> ... your best people will just leave. Where is the evidence for this? I get that it seems like what would happen, but where are the cases proving that's what happened? Especially in an economy shedding jobs, there may not be many other places to go. Also, studies seem to find that money doesn't motivate people to perform at a higher level. https://hbr.org/2013/04/does-money-really-affect-motiv https://hbr.org/2013/04/does-money-really-affect-motiv

nrmitchi 4y ago
The best people (the ones you really don’t want to lose) will always find a place to go.
- xpe 4y ago
  This is somewhat of a tautology. How do you think of "best"? There are many senses: (a) People that do well in a particular organizational context? (b) People with a certain set of skills? In the software industry, these do change pretty dramatically from time to time. For example, the FAANG style of interviews disrupted what came before. And of course, there is considerable variation between FAANG style hiring and others. I bring all this up not just to be pedantic... (Is there anything wrong with being pedantic? We should do a proper study to find out, but I digress...) ... because I'm curious if and how the industry is changing. Many software developers got comfortable with being in the driver's seat and being fawned over. This has changed a lot, it seems to me, in the last 3 to 6 months. Where does this leave us?
gruez 4y ago
>Also, studies seem to find that money doesn't motivate people to perform at a higher level. What that really means is that if you're paying $200k now, bumping to $250k isn't going to make your workers more productive. However, if you're paying $200k now and you cut the pay to $180k, and your competitors are offering $230k, your best performers are still going to jump ship.
emidln 4y ago
The top talent can jump jobs on a whim in major tech hubs. The only senior programmers I know in Chicago that have been unemployed or underemployed for longer than a few weeks in the past decade were of their own volition. Maybe this is just my bubble and maybe it's just Chicago, but I doubt both of those.
zeroonetwothree 4y ago
The current economy is not "shedding jobs". The current unemployment rate is around historic lows.

by yuan43 4y ago

nrmitchi 4y ago

The best people (the ones you really don’t want to lose) will always find a place to go.

xpe 4y ago
This is somewhat of a tautology. How do you think of "best"? There are many senses: (a) People that do well in a particular organizational context? (b) People with a certain set of skills? In the software industry, these do change pretty dramatically from time to time. For example, the FAANG style of interviews disrupted what came before. And of course, there is considerable variation between FAANG style hiring and others. I bring all this up not just to be pedantic... (Is there anything wrong with being pedantic? We should do a proper study to find out, but I digress...) ... because I'm curious if and how the industry is changing. Many software developers got comfortable with being in the driver's seat and being fawned over. This has changed a lot, it seems to me, in the last 3 to 6 months. Where does this leave us?

gruez 4y ago

>Also, studies seem to find that money doesn't motivate people to perform at a higher level. What that really means is that if you're paying $200k now, bumping to $250k isn't going to make your workers more productive. However, if you're paying $200k now and you cut the pay to $180k, and your competitors are offering $230k, your best performers are still going to jump ship.

emidln 4y ago

The top talent can jump jobs on a whim in major tech hubs. The only senior programmers I know in Chicago that have been unemployed or underemployed for longer than a few weeks in the past decade were of their own volition. Maybe this is just my bubble and maybe it's just Chicago, but I doubt both of those.

zeroonetwothree 4y ago

The current economy is not "shedding jobs". The current unemployment rate is around historic lows.