Hacker News new | past | comments | ask | show | jobs | submit login

Do you automatically / randomly give raises that pushes there salary to match the job market?

There wasn't much of anything to compare with. Traffic modeling 'on a computer' didn't have (m)any domain experts, nor programmers with domain knowledge. So, training was key and something I felt strongly about.

I started employees at higher rates than senior traffic engineers make today. Pay also included bonuses and profit sharing, sort of. The profit sharing wasn't ever written into policy.

The benefits were prett good. I always tried to find a way to ensure any additional training/education goals were met. We'd still pay their partial salary while they attended, cover child care expenses, and things like that - if and where needed. It wasn't always domain related. I've paid for people to take culinary arts classes, albeit at night, just because they wanted to learn to cook better.

Err... It is slightly more involved than that and a post of its own, if you want me to write about that aspect. I'm willing to do so, but I strive to remain on topic.

As mentioned elsewhere, I had slightly less than 250 employees. I also never took any classes in management. So, I got away with things that would be laughed at today. Our head office had a small bar and pool table in the back, for example.

Anyhow, a programmer would have probably started at about $120k in the year 2000. That is unadjusted. Not having taken any management classes, I realized that individual salaries were paltry compared to other fees, I paid $12k per month just for a print room.

I also realized it wasn't my money paying for it. I kept the business' funds separate from my own and drew down a salary like everyone else. My clients paid our salaries. If I had higher salaries, my rates would adjust to suit.

If you're curious, I actually paid myself a smaller salary than some employees got paid. I'd hired them to do complicated things that I could not do. I paid them accordingly.

It was rather unorthodox. The company was sold and the sake was finalized in 2007. The now-parent company is public so it has SEC filings. I suspect I've given out enough information to figure out the name, but I'll let you sleuth or not. I kind of enjoy not being known as 'that guy' and having to meet expectations.

Related: I am still mulling over the idea of writing a book, but I am not really a good writer. So, it's a bit of a toss-up.

I'd suggest writing a book, or a set of anonymized blog posts if you want to remain unknown. It's easier than piecing together from your comment history :P

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact