4 ms·
In my mind it's not so much that they're smarter but rather the value they add is more easily measurable. If the trades they make for a hedge fund creates a 10
by kooshball 13y ago
In my mind it's not so much that they're smarter but rather the value they add is more easily measurable. If the trades they make for a hedge fund creates a 10 millions dollars a year profit then it's easy to demand a million dollar bonus. The value of a startup engineer is much harder to determine in a year by year basis.
- 31reasons 13y agoI heard some estimate that each software engineer adds $1 million (not necessarily to a start up). But there should be a way to reward based on quantitative performance than evaluation by a manager who have no clue about software development.
- kooshball 13y agoThat $1mm/engineer estimate is sometimes used for the valuation of a startup, not a yearly rate.
- 31reasons 13y agoThats because most startups don't have revenues, so they use that as a heuristics instead of a revenue figure. But since revenues are yearly, the value of a developer is implied to be yearly.
- deleted 13y ago[deleted]