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>He is good at making engineers a "high status class" From what I've seen, Elon's companies pay below-market for most roles. Levels.fyi indicates that, on aver
by camdat 4y ago
>He is good at making engineers a "high status class"
From what I've seen, Elon's companies pay below-market for most roles. Levels.fyi indicates that, on average, engs take a 10-15% pay cut by deciding to work for Tesla.
I'm sure there are a handful of engineers that exist that could save Twitter single-handedly, but none that would do it for the pay he's offering.
- seti0Cha 4y agoHe can get away with paying below market rates to Tesla engineers for the same reason video game companies can do it: people think it would be cool to work there. It doesn't seem plausible to me that if Musk can't get people to work at Twitter for cheap he wouldn't just offer more rather than let it die.
- sidibe 4y agoWaymo is working in the same "cool" field as many of the Tesla SWEs and pays much better than equivalent positions at Tesla, with less stress from impossible constraints and deadlines. He can get away with it because either he doesn't think he needs the top talent or some engineers are willing to make sacrifices to work for their idol
- seti0Cha 4y agoWell, either way, the fact that he's getting what he wants for a lot less than Waymo has to pay doesn't mean he can't or won't pay more if he has to. And if there are engineers who idolize him so much, why do you think he'll have trouble recruiting for Twitter? I think it's Tesla they idolize, not Musk, so he'll need to pay a lot more to get people for Twitter.
- hsn915 4y agoHigh status != high pay This is the relevant part of the "Fork in the road" email: > Design and product management will still be very important and report to me, but those writing great code will constitute the majority of our team and have the greatest sway. Most companies put engineers _below_ design and product management: the designers and product people make decisions, and programmers just implement. Once you're past the $120k/year mark does a higher salary matter that much really? It only matters if you don't find anything fulfilling about your job. What would you rather? $180k/year with great say over the product or $220k/year with little say on the product?
- erik_seaberg 4y agoAn extra $900/month on DTI adds $140K to a mortgage you can qualify for. You might be choosing between say over someone else’s product, or a house.