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Stripe’s fifth engineering hub is Remote

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Re: Stripe’s fifth engineering hub is Remote

#271

Earlier quoted context omitted.

BaseCamp. https://github.com/basecamp/handbook/blob/master/making-a-ca...

Do you see any reported salaries? The numbers on Glassdoor for Basecamp are quite low when they claim top 10%.

Here’s their announcement about it that explains their methodology and that they started in 2018. https://m.signalvnoise.com/basecamp-doesnt-employ-anyone-in-...

Re: Stripe’s fifth engineering hub is Remote

#272

Earlier quoted context omitted.

I've seen 3 general schools of thought on remote pay: - its a global talent pool, so in raw dollars everyone should be on a level playing field (ie, compete for SF Bay wages no matter where you are in the world since that is generally the top wage market) - market rate for your current location (ie, whenever you choose to reside, you get paid an amount that provides a comfortable standard of living there, somewhat in…

Remote as a cost-cutting measure is the same as offshore, with the same poor results. There is no emphasis on quality; you've traded that dimension for some balance of cost & functionality. As soon as you move beyond trivial software projects the true effort is in the domain which depends on visibility and communication. You can do this with remote but I think it actually costs more outside of all but the highest tie…

Some countries are just cheaper to employ in. That dooes not mean that people there are any less talented.

Re: Stripe’s fifth engineering hub is Remote

#273
post #232

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I just don't understand this. If a company knows how to get choose a USD200k engineer in SF and get a good return for the company off that engineer, then why wouldn't you pay USD200k in all areas? USD200k is a good carrot where I live, so you would be able to attract the best engineers living here (with far less competition and far less churn). I get it that SF has network effects, but good remote engineers also tap…

Would you pay for any services in your locale at San Francisco rates?

People don't get paid more in San Francisco because they deliver more value than a worker in New York City or London. San Francisco rates are high because of geographic scarcity of talent in that location. Over the long term remote is going to reduce SFBA rates, not propagate them.

Re: Stripe’s fifth engineering hub is Remote

#274
post #98

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its not about less productivity... its about perceived unfairness about quality of life by the in-office team. this is a very tenuous issue when you have one company with an inhouse and remote team at the same time. I made another comment to patio11's response up the thread.

As someone who works at a company with a lot of remote workers but also people who regularly work out of offices, I haven't personally experienced this. I'm sure there are people who feel forced to come into an office even though it's not their preference and resent those who don't have to. But I find that there are a lot of people who like coming into an office, people who mostly like working remote, and people who…

I don't see much of this within hybrid companies and don't see why it would occur. The whole point in a hybrid setup is you get to choose what suits you. If you want to work in an office with people, choose that. If you prefer to be remote, work remote.

Re: Stripe’s fifth engineering hub is Remote

#275

HN remote workers, does your company pay for your use of a coworking space? Or even fully manage it? I've noticed that companies I admire greatly like Basecamp, and also in yesterday's Who's Hiring thread, that they list a $200-$300 monthly stipend towards coworking space fees as an employee perk. That doesn't seem quite enough to fully cover a coworking space in NY or SF. I'm tasked with building a remote engineerin…

I hire people who work remote, I pay for co-working space at a mutually agreeable co-working location for everyone who wants it. People who work from home, we buy the equipment they need. Laptop, nice chair, whatever.

Same. You can standardise equipment allowances but you can't standardise co-working costs, especially if you have international workers. Wework cost us roughly USD 700 per head in Sydney, USD 500 in London and USD 300 in Madrid.

Re: Stripe’s fifth engineering hub is Remote

#276
post #246

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If you don't care about the laws in South Africa that's fine but they are too big to risk that.

You're acting like hiring a local firm for a few hours to advise on this is somehow constricting. Its not. Hiring in other locales is a perceived difficulty. Not a reality.

Establishing a registered entity to employ in a foreign country is not a few hours advice. It is difficult, expensive and time consuming.

Re: Stripe’s fifth engineering hub is Remote

#277
post #65
post #53

Earlier quoted context omitted.

I read that, but the timezone problem doesn't really explain why south america was slashed. Overall it seems a bit strange to explain "we officially have a remote hub" and "remote workers need to be supported by physical hubs".

"There is substantial organizational, legal, and financial infrastructure required to support each new jurisdiction we hire in, so we have to be measured in how quickly we expand." Each country you want to pay salary in comes with legal aspects. Therefore they have to be a bit tactical with where they try to hire people.

I wonder if there are additional restrictions based on being in financial services. It may require different licenses, registrations, insurance and employer regulations (e.g. different collective bargaining agreement) compared to traditional industries.
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