Hacker News new | ask | show | jobs
by Nextgrid 1655 days ago
I guess this is self-inflicted. Most companies pay shit so people milk them out for experience/achievements to then jump ship to the next one.

Maybe if you give zero incentive for your people to jump ship they'd be more likely to stay and actually care about the company's long-term?

2 comments

Raising pay in the lower pay brackets will increase loyalty (but not enough to compensate for otherwise poor treatment) but once you get above 'comfortably well-off' pay grades, increasing compensation might also be necessary but it's not the answer, and all of the problems with product design here stem from the top. The only real answer is to hire people who drink the kool-aid, who genuinely believe in what you're doing for its own sake and aren't just there to pump their own careers and then cash out.
> Most companies pay shit so people milk them out for experience/achievements to then jump ship to the next one.

I wouldn't count FAANG pay as "shit".... and yet here we are.