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To change peoples lives
Assuming you pay people in their own currency (which is useful to make sure they don't pay unnecessary fees, and also that they get a consistent pay each month). How do you keep salaries consistent globally?
Do you adjust them each month to compensate fluctuations? Sucks for those that just got a pay cut.
I don't know the answer, I think the way Buffer does it is the best of the options I've come across so far. I'd like a better solution.
To change peoples lives
For those that founded a startup, just wondering what you're aiming for.If multiple apply, just choose the one you feel strongest about.
To have a better work/life balance
To make a large amount of money (eg. acquisition)
To work for yourself.
To build software you're proud of
If you do any of these poorly, you don't have much chance:
- Product Usefulness
- Usability
- Customer Support
- Pricing
- Advertising/Marketing
- Reliability (eg. uptime)
Just one of those being bad is enough to sink you. I think the hardest part is needing to not drop the ball on any of these things.
Don't just perfect one of them and hope it compensates the others. Our tendency is to work on the ones we're best at, but you just can't afford to neglect anything.
That doesn't mean being a Australian startup sucks, my experience is that it's awesome. I wouldn't have it anywhere else.
Just do that crazy thing of getting customers to pay you money and earn more than you spend.
I'd have no problem if it said "there's a bunch of features not yet implemented, we have the buttons there to gauge interest and we'll work on the most needed ones".
To me it's a lack of respect for your users and their time.
Otherwise, it's up to you. It's a nice thing to do, but not necessary.
In your comments here, you mention the importance of your instruction and teaching, which I think is great. Perhaps make that clearer on the website?
Looks like a good idea to me.
If it was set at $20... would $10/$15 have felt right?
Only the employee knows the amount that is right for them.
Not all employers want to pay as little as the candidate will accept. I can state this as fact as I am an employer and I do not do that.
As an employer, I want a happy and loyal staff member. Negotiating them down on price doesn't achieve that. I have never offered less than someones initial asking price, and sometimes paid more.
I think it's wrong to assume the employer and employee have differing objectives. We hopefully both want a successful relationship/partnership. Achieving a salary that both are happy with is part of that.
As for your example, again you assume that the employer makes an offer or the employee demands something. Can't it just be a discussion to find the most appropriate salary? That's how I do it.
If you do an amazing job, and I pay you an amazing amount. That amazing amount could vary depending on your cost of living.
I agree in a perfect world that you should get paid the same no matter where you are, and globalisation will probably head in that direction. But so will cost of living balancing out too (if people in lower cost of living countries are earning lots more money, the price of things will go up.... supply/demand).
I guess ultimately, when comparing what you pay people, why use the dollar amount as opposed to the benefit to their lives. Shouldn't you be paying everyone an amount that equally benefits them? Why should one person be far greater benefited from their salary? Ultimately it's what you do with the money that matters, not the number on the note.
There's no point using it as a basis if they are not, but if they are, it's a good starting point.
We're looking for a remote Growth Hacker, and we really do mean remote... https://weworkremotely.com/jobs/142.
You can be anywhere in the world, you can work whenever you want. We even just expect 30 hours p/week, with full-time pay.
I know this comment is self-promoting, but we're a small bootstrapped and profitable startup from Australia. It's not easy to get the word out... so am taking the opportunity here.
Thanks!
This is their area of expertise, their passion and their business. They'll make a better status page than I would.
There are so many variables that this will never be the case.
You can only read these types of guides and hope to pick out something that might inspire you or help you realise something that you're doing that you could do better.