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That all makes fine sense, but it isn't without its disadvantages. Those top engineers come with a price tag, and the harder everyone competes for them, the mor
by thaumaturgy 12y ago
That all makes fine sense, but it isn't without its disadvantages. Those top engineers come with a price tag, and the harder everyone competes for them, the more they realize they're worth. For startups working on particularly intractable problems, the cost is easier to justify, if you have enough money available.
But -- again, with HN as my only sample these days -- this hiring strategy seems to be spreading beyond the relatively small number of startups working on technically challenging problems.
- Bahamut 12y agoI personally avoid this hiring strategy and hire people I can mentor and build up. Companies that don't want to do this do our society a disservice by only hiring people who already are at the position they want (or less). In addition, it signals to me that they are not likely to promote from within or compensate fairly as time goes on. I have no interest in working for a company not willing to do this.