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Make Stronger Offers to Engineering Candidates and Boost Your Closes

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Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#21

Post by torstenvl »

notyourday wrote: post #2

So. Much. B.S. There is only one thing that people who have not been dropped on a head interested in. It is called money . Money buys them stuff. Money lets them have a nice roof over their head. Money lets their family not worry about a slum in the economy. Everything else is secondary. Here's a magic formula: MaxMoney(Min(work)) 402 "PAY_ME_MORE_MONEY" P.S. That's why it is called a job and not hobby or volunteerin…

What is the dollar value for which you are willing to sell the prime of your life? If someone offered you $500,000 over the course of three years to give up your mid- or late-twenties, would you take it?

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#22

Post by virgilp »

sethammons wrote: post #11
notyourday wrote: post #2

So. Much. B.S. There is only one thing that people who have not been dropped on a head interested in. It is called money . Money buys them stuff. Money lets them have a nice roof over their head. Money lets their family not worry about a slum in the economy. Everything else is secondary. Here's a magic formula: MaxMoney(Min(work)) 402 "PAY_ME_MORE_MONEY" P.S. That's why it is called a job and not hobby or volunteerin…

I've turned down greater pay for better working conditions. Money is important, but after a given level and within given margins, other concerns start taking priority.

While undoubtedly true, I'm speculating this can in fact be translated to money. You've turned down 50k$/y, say. Would you have turned down an extra 100k? 200k? 500k? I bet at some point you would've said "fuck it, yes I'll take the job despite conditions".

But yes, eventually it's just cheaper to create the better working conditions than to pay everybody the extra money :)

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#23

Post by [deleted] »

lhnz wrote: post #12

> There is one motivation that should raise a red flag, though. > “The candidates that I don't usually want to spend much time > on are folks who are basically just looking for the next big check. This is a red flag to me. What if engineers want to buy houses or support families? What if they have elite backgrounds and want a similarly high level of living as their friends? Offering bread-and-circuses and work-as-lif…

[deleted]

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#24

Post by toomuchtodo »

torstenvl wrote: post #21
notyourday wrote: post #2

So. Much. B.S. There is only one thing that people who have not been dropped on a head interested in. It is called money . Money buys them stuff. Money lets them have a nice roof over their head. Money lets their family not worry about a slum in the economy. Everything else is secondary. Here's a magic formula: MaxMoney(Min(work)) 402 "PAY_ME_MORE_MONEY" P.S. That's why it is called a job and not hobby or volunteerin…

What is the dollar value for which you are willing to sell the prime of your life? If someone offered you $500,000 over the course of three years to give up your mid- or late-twenties, would you take it?

Mid 30s here, and I left tech to go into financial services because the total comp is so much higher as the parent comment alludes to after spending several years doing what I thought was fulfilling work (but it was not).

If I can make X in tech, or 2X-3X in financial services dealing with more day to day pain, I’m taking more money every day of the week. I don’t care about the team, the mission, the working environment, just the total dollars.

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#26

Post by ska »

toomuchtodo wrote: post #24
torstenvl wrote: post #21

Earlier quoted context omitted.

What is the dollar value for which you are willing to sell the prime of your life? If someone offered you $500,000 over the course of three years to give up your mid- or late-twenties, would you take it?

Mid 30s here, and I left tech to go into financial services because the total comp is so much higher as the parent comment alludes to after spending several years doing what I thought was fulfilling work (but it was not). If I can make X in tech, or 2X-3X in financial services dealing with more day to day pain, I’m taking more money every day of the week. I don’t care about the team, the mission, the working environm…

It's worth noting though, that this is how industries (e.g. finance) that look at it this way are filled with people (e.g. you) who look at it this way.

That doesn't mean they've achieved some sort of global optimum. Confirmation bias is a significant effect here, and it works the same way for people who are doing what they consider to be "socially meaningful" work, or whatever, as for people who are "maximizing paychecks".

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#27

Post by bpicolo »

lhnz wrote: post #12

> There is one motivation that should raise a red flag, though. > “The candidates that I don't usually want to spend much time > on are folks who are basically just looking for the next big check. This is a red flag to me. What if engineers want to buy houses or support families? What if they have elite backgrounds and want a similarly high level of living as their friends? Offering bread-and-circuses and work-as-lif…

Not to mention, if every company out there is claiming to be changing the world, it's just delusion. Boring enterprise software is boring enterprise software - and that's OK.

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#28

Post by toomuchtodo »

ska wrote: post #26
toomuchtodo wrote: post #24

Earlier quoted context omitted.

Mid 30s here, and I left tech to go into financial services because the total comp is so much higher as the parent comment alludes to after spending several years doing what I thought was fulfilling work (but it was not). If I can make X in tech, or 2X-3X in financial services dealing with more day to day pain, I’m taking more money every day of the week. I don’t care about the team, the mission, the working environm…

It's worth noting though, that this is how industries (e.g. finance) that look at it this way are filled with people (e.g. you) who look at it this way. That doesn't mean they've achieved some sort of global optimum. Confirmation bias is a significant effect here, and it works the same way for people who are doing what they consider to be "socially meaningful" work, or whatever, as for people who are "maximizing payc…

Entirely possible. Luckily there are enough jobs to go around for both the “F you pay me” and the “Cash is not king” tech workers.

There are waaaaaay more startups claiming to help the social good or that they’re changing the world versus the number that are just money-driven enterprises. My problem is the disingenuity and virtue signaling being used to underpay workers.

Re: Make Stronger Offers to Engineering Candidates and Boost Your Closes

#30

Post by JustSomeNobody »

Here's what most companies want:

>> We only hire "passionate" engineers who have proven themselves to be "rock stars" and we call them "family" so that they can "take one for the team" and forgo a "raise" because we didn't meet our quarter. But we did make enough to give ourselves "bonuses!"

I am motivated by money because every company I work for is motivated by money. They want theirs, I want mine. I factor into my asking salary a "what if I get screwed" amount.

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