1. Hire candidates that these big companies overlook, or that aren't interested in experience-blind trivia style data structures & algorithms interviews
2. Hire in locations where the cost of living is low
3. Allow your engineers the freedom and flexibility to work remotely. A side effect of this is that it opens up your candidate pool outside of your geographic confines and allows you to accomplish #2
4. Shorten your work week, or even remove the mandated work week altogether. To most this probably sounds blasphemous, but engineering is the type of work that doesn't have to be confined to a M-F 9-5 schedule.
5. Increase equity (0.1% is an absolute joke for most startups)
Hiring remotely is the easiest way to compete with fat corporate compensation packages. I would gladly take a pay cut if it meant being able to forgo my $2k/month rent in NYC and digital nomad around Europe and Southeast Asia.
1. Hire candidates that these big companies overlook, or that aren't interested in experience-blind trivia style data structures & algorithms interviews
2. Hire in locations where the cost of living is low
3. Allow your engineers the freedom and flexibility to work remotely. A side effect of this is that it opens up your candidate pool outside of your geographic confines and allows you to accomplish #2
4. Shorten your work week, or even remove the mandated work week altogether. To most this probably sounds blasphemous, but engineering is the type of work that doesn't have to be confined to a M-F 9-5 schedule.
5. Increase equity (0.1% is an absolute joke for most startups)
Hiring remotely is the easiest way to compete with fat corporate compensation packages. I would gladly take a pay cut if it meant being able to forgo my $2k/month rent in NYC and digital nomad around Europe and Southeast Asia.