Big Tech Company Salaries Are Hurting Startups
I work at a startup that isn't profitable yet so our salaries are very low...<p>- Our typical junior makes $50 - 60k<p>- A typical mid makes $65 - 75k<p>- Seniors (including CTO) make $90 - 110k<p>In greater Boston.<p>It is VERY difficult to hire at those rates. We had someone come in interviewing for a senior that I would place as a mid (generously...) and he accepted another offer for $150k. At our scale he would be making $75k at MOST.<p>It takes us 6 months to find a single hire.<p>But I'm not bitter at Google. I think the market is valuing the workforce fairly. Which means...<p>- We are probably priced out of the market<p>- We should / do offer higher percentages equity<p>- We need to hire the people who the Googles of the world won't hire and train and mentor them <i></i><p><i></i> That last one works really well. We hired a few people that couldn't get jobs elsewhere that after two years with us left for a job that pays over twice more but they wouldn't have been able to land without our training and mentorship. We actually congratulate and celebrate those people even though we are VERY sad to see them go.