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by eitally
4127 days ago
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As a technical manager, I regularly have a similar problem. I often hire folks [in Mexico and Brazil] with minimal experience, either fresh from school or coming off their first 1-2yr job(s) out of school. As such, we pay them pretty low. If they prove their value and become key contributors, I naturally want to give them a 50-100% raise after a year or so. This always results in painful discussions with HR/Comp about why our typical "20% max salary increase" rule is stupid and inapplicable. I usually, but not always, triumph. Last year one guy got a 98.5% raise. :D Doing things like that always makes me feel really good. |
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You are doing these guys a favour, but it is also very beneficial to the company in the long run. If they are good and aren't treated well then they will leave. It is as simple as that.
I'm also guessing that since you're getting them so cheaply to begin with then they're likely still under market rate with a ~75% bump in pay.