Reading this post makes me fear for a bubble -- when I read stuff like this it brings me back to 2000 all over again: "401(k) contribution matching, 100% matching up to 6% of your salary + Full coverage for medical, dental, and vision". I'll grant you that this isn't quite on the level of "your own private sushi chef" but it makes me uncomfortable that a company that's a startup would do this. I realize that good talent is hard to find, but this scares me...
1) Paying $20k-$50k to a recruiter, per person
2) Taking good care of your team so you get tons of applications for every job opening, from very talented people
Keep in mind that there's also a huge cost to attrition. Every person that leaves your company, because the culture is so-so, costs you a huge amount in time and cash resources to replace
"401(k) contribution matching, 100% matching up to 6% of your salary + Full coverage for medical, dental, and vision"
Those are normal benefits in corporate America. The 6% 401k match level is an IRS safe-harbor threshold most large employers try to meet each year. Even the vacation time (18 days) is modest for your European competition. I don't see where any of that is getting bubbly.
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Reading this post makes me fear for a bubble -- when I read stuff like this it brings me back to 2000 all over again: "401(k) contribution matching, 100% matching up to 6% of your salary + Full coverage for medical, dental, and vision". I'll grant you that this isn't quite on the level of "your own private sushi chef" but it makes me uncomfortable that a company that's a startup would do this. I realize that good talent is hard to find, but this scares me...
What's more expensive?
1) Paying $20k-$50k to a recruiter, per person 2) Taking good care of your team so you get tons of applications for every job opening, from very talented people
Keep in mind that there's also a huge cost to attrition. Every person that leaves your company, because the culture is so-so, costs you a huge amount in time and cash resources to replace
"401(k) contribution matching, 100% matching up to 6% of your salary + Full coverage for medical, dental, and vision"
Those are normal benefits in corporate America. The 6% 401k match level is an IRS safe-harbor threshold most large employers try to meet each year. Even the vacation time (18 days) is modest for your European competition. I don't see where any of that is getting bubbly.