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Are the companies you working with going to actively short the comp of a junior rails dev hired through this program (treating the 6K as a training incentive) o
by bigohms 15y ago
Are the companies you working with going to actively short the comp of a junior rails dev hired through this program (treating the 6K as a training incentive) or will graduates theoretically get market rates (treating the 6K as a hiring/headhunting bonus)?
- kabuks 15y agoGreat question. I would sincerely hope it's the latter. Companies pay up to 25% of first year salary to head hunters (or as a referral bonus), that's the budget we are after. But you raise a very good point. We need to spell that out. Not sure how to enforce it though. Any ideas?
- hammock 15y agoSelf-enforcing, assuming you have assembled a decent list of companies you are recruiting for. You have created Joe, a new valuable job candidate, and if there was just one company looking for a guy like Joe, then they would make him eat the cost of tuition (reduce his comp), but since he is a great guy that five or six companies are competing for, the offers they each give him have to be competitive.
- bigohms 15y agoTreat and frame it like a recruiter payout but only 10% or less. Going with a model they're familiar with will reduce the friction. Great hires are never docked for recruiter fees.