Monday, February 19, 2007

Who wants to hire this guy ?

We have been doing hiring at Wirkle from some time and once you start landing into a services business, hiring is a constant phenomneon. But one good thing with services business (if you are developing products with other startups) is that you have smart sharp teams working in a charged environment and you work hard and have a constant challenge.

Today we got a funny email from a funny guy:

Forwarded email (credentials of the person are kept confidential) :
I would like to explore opportunities to establish
employment relationship with wirkle.
My brief introduction-
Name: XXX
Education: B.Tech.(IT) from a good institute (but not an IIT)
Current Employer: some big software consultancy firm
Job Philosophy: Optimize ratio of input and output
1.Work ex- More than 1.5 Years
2.Current CTC - 4lacs (expected to be 6.5+1 after
promotion in April or June)
3.Expected CTC - 10 to 12 (According to job profile
offered and company profile, Flexible and Negotiable)
4.Earliest joining date - (Max 3 Months from
offer,Flexible towards lower end)
So this email is Funny because, I don't know what this guy expects but I guess guys like these are interested more in money than in work. Startups need sincere dedicated guys and I have seen guys technically more sound who just love their work. Normally in startups I would like to have guys who have put in lot of self-initiative, contributed to open source projects and are community people rather than just being money driven. My advice to guys like this is - join some other area like real estate - you might make much more money in that than being a software engineer!!!

So if someone has a requirement and wants to hire this guy, let me know!!

4 Comments:

At 5:37 AM, Anonymous Himanshu Sheth said...

Hey Sunil,
Very well said.Salary is very important for everyone..I hope you agree to this ;-)

But for some,"ONLY" salary is important and work is the second criteria.These guys are fit for big companies where work happens only 50%(I am too optimistic) and remaining 50%(may be use company phone) ;-)

Startups need enthusiastic people even though they are freshers since startups have to scale heights and they have a mountain to climb.

In short,Hiring such people in startups would kill the startup.

-Himanshu
(Contributor to http://startups.in/india)
(Blogger at http://thoughtsprevail.blogspot.com)

 
At 11:57 AM, Anonymous Anonymous said...

Well salary is important very important. If it is startup its even more important. The risk is lot higher than a conventional company.

You can keep the peep level up to certain extent but beyond that it is cold hard facts of life.

You risk joining a startup you seek rewards.

In this day and age where tech startups are abundant it is really low chance that it will be bought out or go public and hence a good salary makes sense cause the shares are really worth nothing.

 
At 2:53 AM, Blogger Puneet Bindlish said...

Hi Sunil
Well said.. We too often get similar emails. A comment on the post highlighted the risk factor & opportunity cost involved in joining a startup. Then I would like to reply him/her that the equity stock which initial people are offered are made worth-ful only by people whom they are offered not by someone else. Thats why startups are not for weak hearted & pure money minded people, as lot of things happen in long term, and may not have a short term visible impact.
My take on "Why someone should join a startup" is: It increases your market value quite rapidly, if you are a fast learner, but this is the other way around, if you aren't. So be sure about your calibre before taking the plunge.

Cheer!!

 
At 6:20 AM, Anonymous Anonymous said...

Sunil,

I am not sure. Every individual is diferent. For all you know, he may be good!!

Lets see who is willing to join a start up with a risk factor looming over head.

Will a very well experienced person with great knowledge come for a lower salary? Wont he ask a bomb? Even if he/she joins, do you compensate well? Or, if you are in his/her position, how much would you ask?

And you certainly can not take freshers.

Then it comes to 1 to 3 years experienced guys. This is the segment that looks for hopping around for jobs even Rs 100 hike :-)

You can make them loyal, if..... if you are giving them a great atmosphere to work, pay reasonably well and letting them know clearly how you are going to compensate them.

And once you make enough profits, share with the team, rather than keeping all for yourself.

There are many startups in US who offer a small 0.01% stocks. In India, I have not heard start ups giving shares to the employees. The employees remain employees and get only the salaries and only CTC. And many times not even bonus.

Many startups may not even pay the medical insurance for the employees. The employee need to manage with in the CTC. Then, is it wrong for these guys to ask for more?

If you have 'enough' ( though we can not define what is enough:-), you can concentrate on work and give the best to the company. If one is struggling to pay the bills at the end of the month, he/she will/has to improve his/her salary !

While I am not supporting the chap in discussion, I would have liked to meet him and see what makes him ask for such a jump :-)

Ramesh
rameshb@vsnl.com

 

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