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by throwaway7ahgb 700 days ago
This is not an ideal way to run most companies however I can see this work under a few conditions.

1) This policy is known and communicated to current and future hires.

2) The company has found a way to pay each person the current market rate and makes efforts to adjust accordingly.

Otherwise why would anyone stay?

1 comments

Many things about that company were not idea - the founder left his CEO position in handcuffs. However, the policy was not communicated to new and future hires in any manner. So why would anyone stay?

The founder was very public with other companies in the area about both his policy of firing 10x developers and hiring any warm body that could put a resume in his hand. He told stories at local business meetings of the various people he hired who couldn't find a computer and were fired on the same day. So, when you found out what the corporate culture was like after about a month on the job, you had two options.

1. Stay on for a year. This cemented to every hiring manager that you were a 1x developer (because you kept the job), but absolutely not a 10x developer. You might get a junior developer position somewhere else, but never more than that. 2. Immediately quit the job. You now had a one month stint at the firm on your resume. Every hiring manager in town knew that 5% of people with a short stint were good developers and the remaining 95% were people who just finished "COBOL for Dummies". You'd best just leave the gap in your resume if you didn't want your resume in the trash.