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dunpeal
searching PlanetScale…
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42 ms
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361.
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by
dunpeal
8y ago
There's multiple resources if you good "equity guide engineers". Here's one: https://github.com/jlevy/og-equity-compensation The bottom lines: 1. The valuation you will get from the founders before
362.
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dunpeal
8y ago
This isn't my ageism, I personally love experienced candidates. This is a reflection of the reality in SV, where most employers aren't like my current one.
363.
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dunpeal
8y ago
To add to that: most engineers are completely clueless about how equity works. And the typical startup execs do everything they can to keep them that way. Most engineers I met in SV only knew their equity "will be worth X millions"
364.
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dunpeal
8y ago
> Why would a company pay above market value for a new employee out of the goodness of their heart? Several reasons: 1. They want to minimize the chance of the candidate declining. Every employer had a bunch of candidates go through the
365.
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dunpeal
8y ago
Without going into all the details of the situation: I sincerely believed my offer was very competitive for that candidate. It was a very substantial raise over his current comp, and the number I gave him was vetted by our recruiter as very
366.
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dunpeal
8y ago
> He was one of those people "I should get the absolute maximum I could ever get out of any situation." The problem then seems to be coming across as greedy and/or difficult / demanding person. So he's creating a
367.
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dunpeal
8y ago
> Realistically though, recruiters are very good at figuring out what your ballpark is, based on your experience/qualifications/market-conditions, and will toss out a number that's in the lower end of this ballpark, regard
368.
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dunpeal
8y ago
> One of my classmates negotiated hard for that same job, and while he got more money, he left a bad taste in people Care to elaborate what "negotiating hard" means? I've been on both sides of the hiring process multiple t
369.
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dunpeal
8y ago
> why would the company’s range be that far outside of the range for the local market? Because the "range", as a concept, only goes so far. In reality, there are companies willing to pay above market for various reasons. For ex
370.
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dunpeal
8y ago
Recruiters do know the range, almost always.
371.
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dunpeal
8y ago
Hopping after 6 months, or say less than a year, will definitely hurt your resume, even in the Bay. As a hiring manager, I'll typically assume your either got fired, or gave up too quickly. Both strong reasons not to hire you. Hopping
372.
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dunpeal
8y ago
> But if you already know your range. All the steering in the world is not going to convince you to take a lower paying job. Sure. But if the top of my range is $150k, and I'm talking to a company that would be willing to pay me $17
373.
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dunpeal
8y ago
Your argument is well-phrased, and theoretically correct, but in reality recruiters often work with a large subset of the job market in their area. The market is tight right now, and hiring managers have no reason to only work with one recr
374.
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dunpeal
8y ago
Insightful comment overall, but I disagree with your implication that the formula for pay raises is generally "current market value minus the cost of switching jobs right now". First of all, what "cost of switching jobs"
375.
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dunpeal
8y ago
> That’s where recruiters come in. They know the range and you can ask them before you even start the interview process. True, with the caveat that all benefits of (external) recruiters depend on the degree of alignment between your resp
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dunpeal
8y ago
It's theoretically optimal not to give the first number. The employer doesn't know how much you're making now, and can't legally ask (not in CA and NY anyway). They have a theoretical top comp they're willing to off
377.
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dunpeal
8y ago
> This happened to me. I was perfectly polite, asked for a very modest increase from their severely low offer (after listening to a speech about how they couldn't get any good help), and would have even accepted the position if thei
378.
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dunpeal
8y ago
> Wayland is much more efficient in that regard. Which is what I implied in my original comment... Of course, the resources are ultimately consumed by implementations, not protocols. But it helps when the protocols are efficient.
379.
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dunpeal
8y ago
> Wayland is just a protocol If we're splitting hairs here: X (i.e. the X11 Window System) is also "just a protocol".
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dunpeal
8y ago
Is it a fact that X is "smaller" than Wayland, and more resource efficient? X was designed with far more ambitious goals than Wayland, so it's not a foregone conclusion that it's "smaller" (implying cheaper) ju
381.
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dunpeal
8y ago
The article was about VC funding for startups. Has comp at startups improved that much recently? Not to my knowledge.
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dunpeal
8y ago
I don't want to embark on the millionth discussion of FAANG compensation, but there are enough known facts about FAANG engineers making millions of dollars on their RSUs over 4-5 years, especially at the more senior levels. FAANGs are
383.
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dunpeal
8y ago
I did not mean to offend you, and apologize if I misread your comment. Either way, I disagree that the better people will always prevail, no matter the circumstances. By definition, a stronger candidate will succeed where a weaker will fail
384.
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dunpeal
8y ago
This argument is fascinating, because you are in effect arguing that people should be rewarded according to their lack of privilege: "we should give these subsidies to students from 'lower-tier schools' rather than students f
385.
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dunpeal
8y ago
While "gaining admission to NYU medical school" is likely correlated with good socio-economic background (as do all accomplishment), the correlation is not 100%. You can get into NYU from a poor socio-economic background, if you w
386.
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dunpeal
8y ago
Fair point. Several of my friends went through their process recently and had no webcam component, but apparently they do this in some cases. Not something I would agree with.
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dunpeal
8y ago
I'm not really sure what you're arguing. That the step with him posing in front of a webcam to answer questions is common in the industry? It's not. Google, Amazon, Microsoft, and hundreds of other companies hire thousands o
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dunpeal
8y ago
> sounds like the author doesn't understand the difference between IBM and a startup. Anyone who expected stock options from a company that is over 100 years old with hundreds of thousands of employees just doesn't understand w
389.
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dunpeal
8y ago
Because they are a well known company, and OP assumed they could pay competitively? It happened to me personally with another company: well-known in their field, everything they communicated implied they're aware of my current offers a
390.
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dunpeal
8y ago
Per the article, he went through multiple steps that all seem quite demanding: > The screening interview requires: > A webcam with a clear view of you and your room > Granting a tool (admin) access to your computer to make sure you
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