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by anonify8 621 days ago
I explained it poorly I think.

I meant to say the bonus is a poor motivation for anyone. You can get 5 bonuses a year for no effort by asking for a higher salary or good tax planning!

So for many you burn social capital by trying to recruit to your company. It only is worth it if you think your company is good and the job would be such a good match for John that he should leave his job and vesting etc.

The exception to this is bringing across people you like to worth with.

I am sure that this happens and can be good. I have not seen it happen at IC or Manager level (although heard of it talking ti someone at a meetup).

I have seen VC level do it so 2 levels above manager bringing their mates across. I have seen this usually lead to a bad outcome for existing staff and the business.