If you are in another country/market, then we are very able to pay market salary and in most cases even above market salary, while providing a great work environment at the same time. We have and had people from Ireland, England, Germany, Spain, Italy, Brazil, Croatia, Serbia, Mauritius, Thailand, Azerbaijan, Austria, Thailand, Argentina and probably a couple more that I forgot now.
So basically what I wanted to say: just because we cannot afford a Silicon Valley market salary, doesn't mean we are underpaying people elsewhere or treating them unfair (financially speaking).
I hope my answer helped to clarify things.
pre-COVID we did a lot of events together (skiing, surfing, hiking,
co-living, workations, etc.)
A bit off-topic, but how well does this work for employees that have a family? Do they take their kids/spouse to the events?The best solution I’ve come up with so far is simply paying well & giving a lot of time off (and making sure people actually feel comfortable using their vacation days, which is an issue with “unlimited vacation” sometimes). Then each person can just afford to take the activities they want to.
It’s not like you’re going to be coding while waiting for the next set.
I think the best we can do as companies is know the team, have a variety of activities (inside normal working hours!), and not require 100% attendance since there is never going to be one activity that works for everyone.
How we manage a fully reemote companyBeing happy is not a capitalistic goal and the capitalists will eat your lunch. Being happy and kicking ass is close enough to be harder to sabotage.
Also our business doesn't have huge profit margins like some of the big tech companies. So financially we're always somewhere between "it is not critical, yet", but also never reach the "100% comfortable".
We've written a lot about it in our company handbook https://mobilejazz.com/company-handbook-pdf/ (free to download, no email required) and you can find more stories and details on our blog if interested.
COVID has made things more difficult, especially since pre-COVID we did a lot of events together (skiing, surfing, hiking, co-living, workations, etc.) and not meeting up has definitely harmed our sense of belonging and purpose. So we're very much looking forward to having events again this year.
Basically what I wanted to say: People are currently jumping around a lot in their jobs, looking for the highest salaries and finding a purpose and a place they belong. We somehow have managed, despite not being able to match Silicon Valley salaries, to have a really good team of loyal, friendly and kind humans that gives me joy to get up every single day and to work with them. And with most of them it's similar, since many of those people have been staying with us since they've joined us. Despite getting better offers (financially speaking) every day.