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Hands down, the number one problem in hiring and retaining senior engineers is being able to match the compensation level. FAANG-type companies have a huge difference to practically everyone else. Startups, especially, can’t match the salary, and few make up for it in equity comparable to the risk level engineers take on by accepting the job. Senior engineers typically know better, and so you end up with mid or even junior applicants for senior roles, and out of desperation, they end up being the pick. |
- Work fewer hours
- Work from anywhere
- Work in a specific location
- Work in a certain environment
- Work in a specific kind of organization
- Work with specific technologies
- etc.
People are very different and have very different wishes and needs. Salary isn't always priority #1.