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> we pay very well How do you know, objectively? Have you tried paying twice (or more) the current market rate, for instance, and binary search for a point whe
by mehrdada 13y ago
> we pay very well
How do you know, objectively? Have you tried paying twice (or more) the current market rate, for instance, and binary search for a point where you have enough happy hires and failed? Perhaps the market rate is artificially lowered.
- jshen 13y agoThe problem isn't that good engineers turn done our offers, it's that very few good engineers come in the door. The ones that have were very happy with their offers. Edit: Didn't realize you weren't the person I originally replied to. Let's reverse your question. What is the objective basis for the claim that engineers are asked to sacrifice to much for too little pay?
- mehrdada 13y ago> it's that very few good engineers come in the door I have one possible answer for this issue: Well, no one in the Valley (to best of my knowledge) really advertises that they are going to pay a meaningful multiple of what's considered the market rate to potential employees. So from the potential employee side, it is reasonable to assume that they are going to get paid around the "market rate". The Valley seems to be at a point where "starting/not starting a startup" is becoming an IQ test (compared to "market rate") financially if you think you are reasonably good at doing stuff, so it is natural that good engineers wouldn't go and apply for a job, because the expectation for compensation is unlikely to be satisfactory anyway (or at least that's what they believe and prevents them from trying). >And you dodged my questions. Oh, I am not the OP and I'm not pretending to have the answers. I was genuinely interested in knowing how you measured that you are paying very well, except for the fact that they were competitive with what's considered the "market rate" which is the questionable piece of data here.
- jshen 13y agoI think we pay very well because when we do find a good person, we offer them enough to get them unless there is some non monetary reason they went with another company. We do not have a problem with people turning down offers, we have a problem with finding enough good people. Another interesting wrinkle to this is the fact that hiring someone at a high salary is a big gamble. How confident can you really be after interviewing someone?
- PhantomGremlin 13y ago> we have a problem with finding enough good people I'd love to see one of your job postings. I'd bet at least one of the following is happening: 1) unreasonable academic requirements 2) unreasonably broad list of required previous experience 3) unqualified HR people pre-screening and discarding resumes You need to be willing to "kiss a lot of frogs", i.e. do phone screens and onsite interviews, of people who might generally be suitable. Then be willing to hire not-quite-perfect candidates who are willing to learn and are willing to work hard. > How confident can you really be after interviewing someone? I've seen an increase in contract employment postings. That might be a way to go. Start someone on a six-month contract. You might find some takers. Not everyone is ready to "get married" after a single days worth of job interviews.
- jshen 13y agoThe answer to all three questions is no.
- droithomme 13y agoPlease state the salary you offer, the location of your company, whether or not you pay full relocation, and the skill set you are looking for.
- jshen 13y agoWe have engineers making up to $250k total comp most are in the $150-200 range, we have offices in LA, Palo alto, and NY, we pay relocation of some kind, and we want generalists that are really good.
- chrisbennet 13y agoIt sounds like your comp is great - as in truly competitive. That salary range would probably make you standout from the crowd. If only there were some way (short of interviewing and getting an offer) for a possible candidate to know that.. I see salary ranges advertised all the time in the New England area so its not impossible. Like some else mentioned; when I don't see a salary range I assume it isn't great or maybe they don't want to piss off the current employees that are working for below market rate.
- firstOrder 13y agoThe objective basis that you are offering engineers too little pay is that they are not taking your offers. Unless you don't believe in one of the first things they teach in modern economics - that at a certain value (price), supply will always meet demand.
- jshen 13y agoYou fail at reading comprehension.
- FLUX-YOU 13y agoCould just be a run of bad luck or not enough advertising on their part. Supply can't meet demand if supply doesn't know demand exists.
- firstOrder 13y agoI agree about making an effort looking for people. I know nothing about the company being discussed here. But for other companies, I know some that contact a (crappy) headhunter or two, or who post an ad on Craigslist, and then expect top tier candidates to roll in. For some CRUD job working in class C office space for relatively not much money etc. They're shocked when they don't have their pick from dozens of top tier candidates. If your methods don't work - try going to a local programmer meetup. Chat up some of the programmers. Encourage them to apply. I go to programmer meetups as a programmer, and all the time I meet other programmers who are out of work, or who are unhappy at their job and looking to work elsewhere. Most are employed, but there's always a few who are looking. What is happening is this - in 2008/2009 the economy was tighter, and employers could get by with a CL posting, or talking to a headhunter or two. Now that unemployment rate is less than 10%, you don't have dozens of good programmers checking CL for jobs every day. You have to do a little more work to find people. Just like THEY had to do a little more work when unemployment was double digit.
- jshen 13y agoNot only do we go to meetups and conferences, we host them. At some point you may want to consider the possibility that I know what I'm talking about.