- Matt Dean
- Engineers build expertise and grow but it’s easier to get recognition for that growth outside that company.
Companies should be paying their long-tenured engineers above the market because these engineers have a ton of domain-specific knowledge that is only valuable inside this specific company.
this compensation is hard for early-stage startups because they can hardly pay market salary
- at Ethena (author’s company), the entire engineering team, including him, has the same salary
- it’s hard to measure everyone’s impact accurately
- (new devs bringing in new ideas)
- (long-tenured workers becoming too rigid)
- (is there useful experience gained from working in different companies?)