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Re:Ask HN: Why are some YC startups not posting salary range... by bin_bash on Tuesday December 13, 2022 @11:53AM (#33971534)
> A single day of delay in response causes 28% of candidates to become unresponsive to recruiters (this is from our company's research). It drops to 51% become unresponsive 48 hours later.

I've noticed my interest in a job tends to drop consistently the longer it takes for a response. This isn't surprising at all. I don't think it's because we're fickle, it's more that right when you apply you can picture what it might be like to start working for the company and start to identify with that future. As the days drag on, that picture seems less and less likely to happen.

Re:Ask HN: Why are some YC startups not posting salary range... by neilv on Tuesday December 13, 2022 @02:04PM (#33974049)
> I've noticed my interest in a job tends to drop consistently the longer it takes for a response.

As a software engineer with a long track record, I somehow only just realized this about myself within the last couple months.

With the two fresh data points I have in mind, it wasn't about perceived likelihood of an offer, but about perceived likelihood of it being a good situation if I accepted the offer.

Delays (especially after a great initial call) can be felt as signal about how much they value the role, whether they're excited about me specifically for it (both of which can make the difference between a great role and an awful one), and how well they can execute (e.g., do they have a clout deficit or a huge-corporate bureaucracy that would also be a problem getting things done there).

And if there's a recruiter, HR middleperson, or other communication barrier -- blocking the normal ability to read people and pick up on clues, from direct interaction with a hiring manager or team member -- this signal can be all we have to go on.

Re:Ask HN: Why are some YC startups not posting salary range... by next_xibalba on Tuesday December 13, 2022 @12:54PM (#33972802)
This, to me, is a really good signal of how well run a company is. After all, a company is merely a collection of people on whom its outcomes are entirely dependent. Thus, the single most important function a company can perform is hiring. If a company fails to recognize this or just does it incompetently, its probably a crappy company. Thus, slow responses == crappy company.
Re:Ask HN: Why are some YC startups not posting salary range... by ido on Tuesday December 13, 2022 @12:57PM (#33972863)
I would postulate the single most important thing a company can do is make money. Hiring is also important though.
Re:Ask HN: Why are some YC startups not posting salary range... by ornornor on Tuesday December 13, 2022 @01:08PM (#33973080)
Making money at all costs usually implies a shitty culture that I personally seek to avoid.
Re:Ask HN: Why are some YC startups not posting salary range... by ido on Tuesday December 13, 2022 @01:23PM (#33973361)
Nobody said at all costs.
Re:Ask HN: Why are some YC startups not posting salary range... by next_xibalba on Tuesday December 13, 2022 @01:09PM (#33973103)
Maybe.

But whatever the goal of your organization, achieving that goal is going to depend on the people you hire.

Re:Ask HN: Why are some YC startups not posting salary range... by ornornor on Tuesday December 13, 2022 @01:28PM (#33973459)
I wish every organization had read that memo :)
Re:Ask HN: Why are some YC startups not posting salary range... by badpun on Wednesday December 14, 2022 @05:38AM (#33981904)
> I would postulate the single most important thing a company can do is make money.

Nobody in the company "makes money" (unless the company is a bank, then they literally do, by giving out loans). The people perform various functions and the money made or lost by the company is a result of a sum total of their actions.

Re:Ask HN: Why are some YC startups not posting salary range... by next_xibalba on Tuesday December 13, 2022 @01:06PM (#33973059)
Making money is a downstream output of the activities of your people. So, if making money is your goal, the most important thing you can do to reach your goal is to hire the right people.
Re:Ask HN: Why are some YC startups not posting salary range... by SoftTalker on Tuesday December 13, 2022 @01:31PM (#33973514)
If you want to hire the right people, you need to be making enough money to pay them.
Re:Ask HN: Why are some YC startups not posting salary range... by strangattractor on Tuesday December 13, 2022 @02:29PM (#33974415)
Companies with poor hiring likely don't make money. There maybe a select few that have such a desirable product that they cannot help themselves. Usually that is short lived as competition eats your lunch because your crappy employees cannot adapt.
Re:Ask HN: Why are some YC startups not posting salary range... by Sohcahtoa82 on Tuesday December 13, 2022 @03:04PM (#33974907)
"Making money" is the result of doing everything else well.

It's not difficult to find companies that cut costs in order to increase profits only for it to backfire and result in less money or even bankruptcy.

Re:Ask HN: Why are some YC startups not posting salary range... by thwayunion on Tuesday December 13, 2022 @12:28PM (#33972287)
More importantly, as I remind my mentees, it's is an excellent signal for true interest. Nothing burns more than getting your hopes up and investing hours/days into a job interview process only to find out you were not the preferred candidate. This stings a bit if you don't get the job, becomes seriously annoying when it surfaces during compensation negotiation, and can be disastrous for your career and personal life if it surfaces post-hiring.
Re:Ask HN: Why are some YC startups not posting salary range... by gillesjacobs on Tuesday December 13, 2022 @01:01PM (#33972952)
Definitely noticed this effect when applying now too.

Additionally a responsive and clearly communicating company is always a good sign that they really need to fill the role. It is always a plus if I go from hiring manager/recruiter straight upper management interviews in a matter of days.

Additionally the quicker the employer response the more likely the applicant is mentally primed for the responder and does not yet have their mental/time bandwidth taken by competitors.