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Why You Shouldn’t Let Engineers Negotiate Their Salary

illustration of handshake

illustration of handshakeIt’s been the system of getting a new job since time immemorial. You go through the application rigamarole. You’re interviewed multiple times, and every time, you pass muster. Finally, they’re ready to make you a job offer. They send it your way, and you take a look — it’s another lowball number. What do you do?

Startup founders often think of the lowball offer as a harmless invitation to negotiate, but to Steve Newcomb, founder of Famo.us and Powerset, it’s one of the dumbest things that you can do in recruiting engineers. And the worst thing that can happen is that the engineer accepts your lowball offer.

That’s why in his companies, Newcomb uses an unconventional but powerful tactic. Incoming engineers actually aren’t allowed to negotiate their salary — they get whatever is determined by the company’s salary formula.

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How Buffer Came Out on Top After Getting Hacked

“Aw crap,” I muttered as I looked at my inbox a few weekends ago and saw an email from Buffer CEO Joel Gascoigne with the subject line “Buffer has been hacked — here is what’s going on”.

We rely on Buffer to handle all the I Done This social media accounts, so I braced myself for all sorts of toil and trouble as I clicked on the email. It began:

I wanted to get in touch to apologize for the awful experience we’ve caused many of you on your weekend. Buffer was hacked around 1 hour ago, and many of you may have experienced spam posts sent from you via Buffer. I can only understand how angry and disappointed you must be right now….

Fortunately, we hadn’t been affected, but I continued to follow updates as they unfolded. Throughout, Buffer was transparent, responsive, and reassuring. They disclosed, accepted responsibility and apologized for the security breach. They communicated not just what they knew but gave us a heads up about their next steps and guidance on what we could do to protect our accounts in the meantime. They also continued posting updates and answering everyone’s questions while resolving the problem.

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Make Recurring Revenue and More! The Best of the Internet

Pugtastic! Onto the best of what we shared on the interwebs this week:

How iDoneThis got to $1,000 in recurring revenue — besides nerves & anxiety.

Why Teams with Contrasting Time Management Styles Are Stronger.

Transparency is the competitive advantage that keeps on giving — and that includes your hires.

Writing things down can help us see.

The distributed company advantage has two sides.

Beyond Funnel Vision — choosing people over leads.

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Jeff Bezos’s Hiring Anti-Pitch

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Today, the competition for top tech talent is as fierce as it’s ever been, and without a high-performing team, it’s tough to survive. It makes sense that such intense competitive pressure drives startup founders to pitch their company to prospective hires in ever more grandiose terms, exaggerate how well their company is “crushing it,” and make their company culture sound like the happiest place on earth.

How else can you stand out to a top candidate who’s considering offers from all of the hottest companies?

It’s counterintuitive, but Amazon founder and CEO Jeff Bezos takes a totally different approach to Amazon hiring: he gives prospects a hiring anti-pitch.

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Send One Simple Email to Make Your Job Better

For better or for worse, bosses don’t spend much time thinking about your needs and worrying about to helping you with your career advancement. Bosses, like most people at work, are busy people with their own jobs, their own lives, and their own concerns.

That’s obvious. But the upshot is a harsh reality: your boss most likely has very little sense of what you’re accomplishing or even what you’re doing with your time. If you aren’t proactive about reporting your accomplishments, you’ll never get recognized for your good work.

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The Power of One Simple Email

For many people, the thought of being more proactive about sharing accomplishments at work can be daunting and a real turnoff. Eric Barker at his blog, Barking Up the Wrong Tree, provides an elegant solution to this problem that takes minimal effort and doesn’t require you to turn into a loudmouth braggart.

Every week, Eric writes, send one simple email to your boss that’ll make your life better.

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Why You Should Stop Keeping Score at Work

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There’s probably been some time in your life when you’ve been just a touch surprised that you haven’t been hoisted upon shoulders and celebrated with cheers for your great achievement — whether you go as far back as that group English assignment making a diorama about summer reading or yesterday’s big client presentation.

Or maybe you’re more familiar with that fake almost-smile, as Joe Shmoe stood up to cheers and beers and pats on the back, leaving you amidst the ghosts of the hours of sweat and tears you put into the work.

It happens, and it stinks. But then again — we’re actually all credit hogs in our heads.

When you’re on a team, you don’t have an accurate sense of the proportion of your contribution. It’s just not that straightforward, because what happens in your very smart but usually selfish mind is that you underestimate your teammates’ contributions and overestimate yours.

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How WooThemes Makes Distributed Team Culture Succeed

The multi-million dollar company WooThemes started with a single email, as a small side project of Magnus Jepson in Stavanger, Norway, Adii Pienaar in Cape Town and Mark Forrester, then in London.

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From that one email sprouted a bootstrapped company that produces a rich catalog of WordPress themes and plugins, serving 450,000 users. And this impressive success emerges from a distributed team of only thirty people, spanning seven countries.

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Prevent Burnout: The Best of the Internet

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Happy Friday! Catch up with the best of what we’ve shared on the interwebs this week! 

How the Buffer team uses iDoneThis to build a truly transparent company.

8 Awesome Tech & Startup Newsletters You Should Be Reading

Email is people.

One way to prevent burnout – the done list.

How to build a collaborative space like Pixar and Google.

imageDundee’s Tip of the Week: Find out how to feed what you get done in Trello, Evernote, Github, and Google Calendar to I Done This with Zapier!

 

How Buffer Works Smarter, Not Harder

Buffer stands out among startups not just for its success in building a great social media sharing tool but in fashioning a company culture focused on making work fulfilling, impactful, and enjoyable. What’s fascinating is that they do this as a completely distributed team, spread across multiple countries and time-zones.

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Treat People in the Best Way

Co-founders Joel Gasciogne and Leo Widrich set the foundation for Buffer’s culture according to the tenets of Dale Carnegie’s How to Win Friends and Influence People. Carolyn Kopprasch, Buffer’s Chief Happiness Officer translates what that means for Buffer’s modus operandi: “We want to treat people in the absolute best way we can, and that includes co-workers, vendors, and customers.”

It also includes how the Buffer employees treat themselves. With a unique self-improvement program, they share their progress on anything from time management to healthy eating with their teammates, spurring conversations about different lifehacks and routines. Michelle Sun, Buffer’s growth and analytics expert, tracks fitness routines and getting up early while Leo has been making strides with learning how to code.

carolyn and michelle from buffer

Co-workers become a collective accountability partner for future plans like blogging or exercising, and more importantly, they become an incredible support system. Instead of looking askance when you’re doing work to do something to take care of yourself, you receive encouragement. “If you’re trying to work on your health or your fitness or your happiness level, that affects work a lot too,” Carolyn explains.

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Nowadays, You’re Hiring People to Think

In many companies, your manager will know the team’s and company’s objectives, but you won’t.  He may keep crucial information from you so that he can consolidate decision-making power.

transparency at Qualtrics

Not so at Qualtrics, the extraordinary Provo, Utah-based company that did $50M in revenue, raised $70M from elite venture capital firms Sequoia and Accel, turned down a $500M acquisition offer, and grew its headcount to nearly 300 employees in 2012.  At Qualtrics, transparency is perhaps the company’s most important value for one simple and obvious reason—”Nowadays, you’re hiring individuals to think.”

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