5 ms·
We say to make the list reasonable. I believe I said that in the article. And like I said, the primary way we retain talent is by paying about 20-30% above mar
by gsibble 4y ago
We say to make the list reasonable. I believe I said that in the article.
And like I said, the primary way we retain talent is by paying about 20-30% above market. This is just an effective perk.
Calm down.
- jaclaz 4y ago>And like I said, the primary way we retain talent is by paying about 20-30% above market. Only 20-30% above market rate? I thought the idea was to pay them 1.5-2x: https://startupdreams.substack.com/p/my-biggest-lessons-after-doing-my https://startupdreams.substack.com/p/my-biggest-lessons-afte... >Many companies take the approach of hiring lots of cheap engineers. I go the opposite. I hire as few fantastic engineers as I can. The math works out. One fantastic engineer can do 3-5x the work of one normal engineer. Then pay them 1.5-2x the salary of a regular engineer.
- uberman 4y agoI'm perfectly calm, you're the one firing employees because you don't like their "Christmas Wish List". Let's say that you didn't like that person's 75k ask (again it was a wish list). Until the slowdown, it was not uncommon for experienced tech talent to get 5 figure start up packages on top of signing bonuses and moving allowances. My wife's last offer included 500k in housing assistance. In that light, a 75k startup package does not, on the surface, seem unreasonable. Since tech workers as so gossipy, I imagine the entire company knows you fired that guy for a bad list. What do you think that does for moral? Honestly, it is no wonder your perspective is that tech employees have no loyalty and leave as soon as they can find something else.