Developer Auction raises $2.7M for exactly what you’d think
venturebeat.com
Developer Auction raises $2.7M for exactly what you’d think
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Re: Developer Auction raises $2.7M for exactly what you’d think
#2This is great! Curious to see how many HackerNews folks are registered at Developer Auction.
Re: Developer Auction raises $2.7M for exactly what you’d think
#3I was half expecting that some developer was auctioned off for a $2.7M signing bonus just like in the good old days.
Re: Developer Auction raises $2.7M for exactly what you’d think
#4I wonder if the auction includes benefits like vacation time, signing bonuses, parental leave, work hardware etc?
Re: Developer Auction raises $2.7M for exactly what you’d think
#5A job seems like the last thing I would want to leave up to be "sold to the highest bidder." From an employee's perspective there are so many other factors outside of compensation that are relevant to whether I would want to work somewhere. From an employer's perspective if you are hiring mercenaries willing to work for the highest bidder, what do you do when company X is willing to pay more than you can afford?
Re: Developer Auction raises $2.7M for exactly what you’d think
#6B) AirBnB for oil tankers
Is it just me or does this actually sound quite interesting?
Re: Developer Auction raises $2.7M for exactly what you’d think
#7I wonder if the auction includes benefits like vacation time, signing bonuses, parental leave, work hardware etc?
It is salary and stock options, that is all.
Re: Developer Auction raises $2.7M for exactly what you’d think
#8A job seems like the last thing I would want to leave up to be "sold to the highest bidder." From an employee's perspective there are so many other factors outside of compensation that are relevant to whether I would want to work somewhere. From an employer's perspective if you are hiring mercenaries willing to work for the highest bidder, what do you do when company X is willing to pay more than you can afford?
The bids aren't binding. You still interview and both parties have to say yes. The auction is simply for what your starting salary would be if the interview goes well.
Re: Developer Auction raises $2.7M for exactly what you’d think
#9I wonder if the auction includes benefits like vacation time, signing bonuses, parental leave, work hardware etc?
It is salary and stock options, that is all.
Its more than just base and stock - employers can also offer a bonus (sign-on, relocation, or end of year guarantee) and it does describe the benefits (vacation, health, etc) for each employer. The offer is as complex as the employer needs it to be in order to attract talent.
Re: Developer Auction raises $2.7M for exactly what you’d think
#10A job seems like the last thing I would want to leave up to be "sold to the highest bidder." From an employee's perspective there are so many other factors outside of compensation that are relevant to whether I would want to work somewhere. From an employer's perspective if you are hiring mercenaries willing to work for the highest bidder, what do you do when company X is willing to pay more than you can afford?
On their website it says "No obligation to accept the highest offer — or any offer at all"