[quote=BGinRB][quote=anxvariety]
He mentioned that the interviewees were letting it be known that they’d take 30-50% less than the usual salary[/quote]
Right, as observed.
[quote=fat_lazy_union_worker]
Um, yeah, and those are probably some of the same small companies that in good times try to convince people to take a 30-50% pay cut in return for as much “pre-ipo toilet paper stock certificates”….. and wonder why it’s so difficult to hire good talent or why their development/projects suck egg. I have not seen a company succeed in the long run primarily driven by cost cutting and finding the cheapest “labor” of development. Doing so infers they aren’t really building anything that cannot be easily done by someone else, and hence really lack a barrier to entry and competition. If that isn’t a warning sign of how you’re valued even before you show up for work, guess what happens when you do show up for work.
[/quote]
Agreed, but irrelevant. The sad part is that the candidates were aware of all that (it was a LAMP stack webdev, not an IT position). The incident reminded me of late 2002/early 2003 when people with established careers and decade(s) of experience were just looking for something to tide them over and were taking 50% pay cut.
[/quote]
You know, there is nothing wrong with candidates who are willing to take a paycut.
I mean, different people have different needs. When one has a family to feed, one often has to dig a ditch for the family so to speak versus someone single for example.And there might be situations like this. Hopefully for those folks, though, it’s only temporary.
On the other hand, there are some people that will routinely sell themselves short, out of desperation.. I don’t know, I guess it’s more mental.
I can say that anyone that takes that position knowingly 30-50% below market will quickly bolt when a better position turns up, making a net loss on the company that employs them anyway. And if I were that person, I wouldn’t be keeping all my design docs/information/code comments up to snuff to assist a smooth transition when I do bolt. And that’s exactly what’s gonna happen to this company, with whoever they employ. A bitter employee that started on the wrong foot, and you’ll never get that person to do anything more that he/she “has” to do.
