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pcmoney | 3 years ago

Salary is not a "sign of respect" it is an indicator of how the company makes money and values software engineers. Software companies have software margins other companies... do not. Software engineers want to work at companies where software is the product because:

1. They get to contribute more to the success of the company

2. What they built typically has real users

3. They are valued and get paid commensurately with the near infinite leverage they bring to the company.

4. They get to work with other like minded software engineers.

5. There is probably an established career path for them if they perform well.

Good engineers typically ALREADY work at a place they enjoy. The market is too competitive for good talent to put up with any BS whatsoever. You are trying to get them to leave a good place for another hopefully better place. However, there is risk because they don't know your company/have to trust you a bit. You MUST compensate for this risk.

My risk premium is easily a 25-50% salary increase. Which means I need a job to pay about $100-200k more or have significant high probability upside (IPO etc.) for me to jump all else equal (passion products maybe an exception).

If you waste my time with a job ad that doesn't tell me up front what to expect I will:

1. Not accept your interview request or offer.

2. Will flame your company throughout my entire network.

Also if you want me to do a "take home" anything that will be $500/hr with a max of 4 hours spent.

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