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Re:Spotify is letting employees work from anywhere while pay... by nhance on Monday February 15, 2021 @09:19AM (#26142931)
I've run a smart consulting business for 16 years now. I've watched over the years as many I've worked with have gone to FAANG.

There may be opportunity costs involved, but there is no way FAANG can grab all of the top talent. Some of it is going to make its own way simply because they want to write their own rules.

Re:Spotify is letting employees work from anywhere while pay... by mywittyname on Monday February 15, 2021 @10:05AM (#26143358)
You don't need to grab all of the top talent, just enough to keep them from coalescing into a threat.

The few that slip by get acquir-hired in a few years.

Re:Spotify is letting employees work from anywhere while pay... by pxue on Monday February 15, 2021 @11:40AM (#26144297)
Extremely relevant for Canadian talent pools. Bleed to SF/Bay area is real.
Re:Spotify is letting employees work from anywhere while pay... by vmception on Monday February 15, 2021 @07:45PM (#26149673)
The other side of this is how so many people starting or running companies still dont have a realistic view of what to pay engineers.

They're pricing a budget out to rationalize an equity raise and are completely inept at what is necessary to get their highly specialized engineers.

Sure there are a lot of engineers working at noncompetitive companies making 80-180k and lower outside of the bay area.

But if you expect to spend less time on recruiting and less time on attritition for your skillset that only exists in the bay area or HFT firms, wake tf up!