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It isn't cheap, though. You burn something on the order of 80k a hire to hire in-office, probably more if you're specifically looking in SF or NYC. Those roles
by rachofsunshine 2y ago
It isn't cheap, though. You burn something on the order of 80k a hire to hire in-office, probably more if you're specifically looking in SF or NYC.
Those roles are going to get squeezed pretty fast as the market heats up.
- red-iron-pine 2y agookay I know hiring is expensive, but 80k? are you buying these candidates first class flights with caviar? even at $300+ per hour of engineer time, I can interview 10 candidates with several engineers, and even fly promising ones out, for less than that, while using ATS systems like Taleo.
- ssivark 2y agoI think they are referring to the annual salary differential to hire a similar skill-set for someone working remotely -vs- someone regularly coming in to the office in SF/NYC.
- rachofsunshine 2y agoIt cuts your candidate pool by a factor of five or ten, and adds about 30k a year of comp demands (a number which will grow as engs get less desperate in a warming market).
- aprilthird2021 2y agoSure, but the productivity gains are probably worth to such companies. Also the costs probably go down per person the more people you put in the same office