4 ms·
We have other knobs we could turn. Not every talented engineer is eager for the cut-throat hustle to chase a 600k comp package (which ends up at 70k when the s
by hakfoo 3y ago
We have other knobs we could turn.
Not every talented engineer is eager for the cut-throat hustle to chase a 600k comp package (which ends up at 70k when the stock implodes). I'd think it might even be slightly less common when you get into research and greenfield stuff-- you've got people motivated by a vision and the opportunity to deliver it.
Messaging like "We have the financial and structural backing to keep the project alive indefinitely" and "This is a job for life-- if it takes you 20 years to make the breakthrough, we're willing to wait" might appeal to those people, even if the compensation is a bit lower.
- paganel 3y agoI agree that there are other knobs to bee turned, but housing will most probably get in the way of that, as the people earning 600k per year will chase out of the housing market the people who will go with their passion. Similar (and related) discussion when it comes to education, people earning 600k per year will be able to provide better education opportunities to their children compared to the passionate but earning-less-money people, and if you're part of the second group at some point it will become harder and harder to explain to your spouse that your kids won't get the same chances in life compared to your friends' children because you're going for passion over money, unlike said friends. I know that all this sounds very mundane but it's part of day to day life, maybe the Soviets had a good idea when they basically built scientists-only cities in the middle of Siberia or somewhere like that.