Ask HN: What mistakes in your experience do the people you manage keep making?
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Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#2Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#3(Disclaimer: I don't actually manage them. I'm kind of a lead, but nothing more.)
Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#4Want people to be happy? Give them no benefits, no health care, no 401K, no bonuses, and plow all of that into salary. People would rather have bragging rights about how much they make. Doesn't matter if you point out that they get a bigger package when the employer pays the health care (if the employee pays then they pay with after tax money).
It is mind blowing to realize that people that are way smarter than me are stupid about money. But I've definitely seen that pattern.
I ignored what they wanted and gave them good health care, did 2:1 match into their 401K, and did bonuses so we didn't get double taxed (corporate and personal).
Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#5Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#6Being stupid about compensation was a pattern when I was managing. Want people to be happy? Give them no benefits, no health care, no 401K, no bonuses, and plow all of that into salary. People would rather have bragging rights about how much they make. Doesn't matter if you point out that they get a bigger package when the employer pays the health care (if the employee pays then they pay with after tax money). It is…
no good deed goes unpunished--sigh
Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#7Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#8Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#9Re: Ask HN: What mistakes in your experience do the people you manage keep making?
#10Being stupid about compensation was a pattern when I was managing. Want people to be happy? Give them no benefits, no health care, no 401K, no bonuses, and plow all of that into salary. People would rather have bragging rights about how much they make. Doesn't matter if you point out that they get a bigger package when the employer pays the health care (if the employee pays then they pay with after tax money). It is…
He doesn't get it though. "The other company was offering X. This one is offering 5% more."
He also doesn't have PTO, 401k, or medical insurance.