4 ms·
> I wonder if previous experience at FAANG is becoming a negative factor in the hiring process. It can be. If you're not able to pay FAANG level compensation,
by shagie 3y ago
> I wonder if previous experience at FAANG is becoming a negative factor in the hiring process.
It can be. If you're not able to pay FAANG level compensation, hiring someone who is taking a pay cut to work for you is often just them getting a paycheck until they get another job back at FAANG level.
If this is done before they're contributing positively (onboarding and domain knowledge acquisition takes some time), its a loss (and they've likely commanded higher compensation based on their previous experience).
Unless you are specifically after the knowledge that they bring in, for a company hiring it can be better to hire someone with less prestigious names in their experience who can do the job and is more likely to stay for a few years before jumping to another job.
If they came from making $400k total compensation per year, and you can only offer them $150k salary (and no stocks), its more than likely that they'll be looking for the next position on the day after they start.
- JohnFen 3y ago> If you're not able to pay FAANG level compensation Yes. There's also a pretty significant difference between FAANG and ordinary companies in terms of development process, business customs, etc. that I've seen present an insurmountable culture shock to people who only know FAANG.