If you're offering fabulous compensation packages that exceed the President of the United States for common software engineers with a little experience... wouldn't you want to use that to your advantage in your job postings?
Every time I read an article like this I go looking for official numbers to validate what is being said. I'm not saying companies compensate poorly in SV. I just find it difficult to differentiate fact from fiction (or gossip) when I go looking into it. Its really not that hard to post your price/ranges directly as a company. I've always posted compensation and benefits when I've posted listings. My wife has always posted compensation and benefits when she's posted them. I'm not sure which of us has interviewed or hired more. I've probably interviewed more as a software engineer and she's probably hired more as a clinical director. (nurses, so many nurses... and then doctors!)
I'd apply for a lot of positions if people would list compensation ranges in their postings. I just need to know we're somewhere on the same page before focusing my energy on it. Nothing is worse than going through interviews only find out we've wasted each other's time. I've been there, done that, far too many times. It usually results in an offer at the top end of what they're approved for and that is either not enough to leave, or its less than I'm making at a position I'm happy with.
Every time I read an article like this I go looking for official numbers to validate what is being said. I'm not saying companies compensate poorly in SV. I just find it difficult to differentiate fact from fiction (or gossip) when I go looking into it. Its really not that hard to post your price/ranges directly as a company. I've always posted compensation and benefits when I've posted listings. My wife has always posted compensation and benefits when she's posted them. I'm not sure which of us has interviewed or hired more. I've probably interviewed more as a software engineer and she's probably hired more as a clinical director. (nurses, so many nurses... and then doctors!)
I'd apply for a lot of positions if people would list compensation ranges in their postings. I just need to know we're somewhere on the same page before focusing my energy on it. Nothing is worse than going through interviews only find out we've wasted each other's time. I've been there, done that, far too many times. It usually results in an offer at the top end of what they're approved for and that is either not enough to leave, or its less than I'm making at a position I'm happy with.