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> People there would be in "golden handcuffs" and burn out instead of changing job when it's time to go Good ol' "we can't pay you that much, because what if w
by chrsig 3y ago
> People there would be in "golden handcuffs" and burn out instead of changing job when it's time to go
Good ol' "we can't pay you that much, because what if we wanted to stop paying you that much. It'd be bad for you if we handed you this pile of money, you might hurt yourself. We're helping you by keeping it to ourselves, trust us."
- cmaggiulli 3y agoI think there’s at least something true hidden in the post you’re responding to. While I don’t necessarily think it’s a strong enough point to base salary decisions on, nor do I think it’s the actual reasoning behind GitLabs policy, I can for sure see how being overly paid for a job that you’ve grown to hate produces poor results for the company and possibly the employee
- boo-ga-ga 3y agoThey actually do not hide the main reason and state it first: "If we start paying everyone the highest wage our compensation costs would increase greatly, we can hire fewer people, and we would get less results." That's why I like their approach and communication. As a Ukrainian, I would be happy to work for CA salary here, but I do understand that a good local market rate is enough for me if the job is great. EDIT: and one more thing to add here: as an employer, you usually prefer to hire people whose motivation is not only money. You want to work with people who like the job and their colleagues. The current market practice is to pay local rates. Thus any company that pays much more, has to address the challenge of filtering out people with "incorrect" motivation.