How does salary work?
summary
Budget planning follows a waterfall budget locked in Q4 where midyear benchmarking (Radford-style) and finance forecasts dictate hiring cadence and quarterly headcount; offers must consider current and previous salaries, company stage, rare skills, and whether a candidate comes from an under‑represented group. Raises separate into salary = past performance, stock = future retention; avoid token 1–3% increases because they signal avoidance, and balance limited raise pools by trimming top earners slightly to give meaningful bumps to lower-paid teammates.
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chapters (7)
- 0:00Intro
- 1:33Budget
- 4:55Software Process
- 8:28What to consider
- 15:22What not to consider
- 19:22Why people take less salary
- 28:32Common Mistakes
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