Will cloudflare ever be able to pay market rates?

Cloudflare / Eng rerecurse
Nov 9 18 Comments

I like the tech and the team but the pay.....damn I know I could make a lot more at the big ones. We are also not being able to hire good talent.

Now that the IPO is behind us, I think we'd have to up our game. Cannot lure people in with that anymore.

What do you all think of the company from outside? Should I stick around or not?

10yoe
300k TC with current stock price.

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TOP 18 Comments
  • New naduruk
    So you think many people left because of pay?
    Nov 9 1
    • Cloudflare / Eng rerecurse
      OP
      I would guess so.
      Nov 9
  • Box TamG67
    What role are you in? If engineering, you can certainly do better than 300K.
    Nov 9 1
    • Cloudflare / Eng rerecurse
      OP
      Yeah, engineering. Thanks
      Nov 9
  • Lyft szdfgtyg
    Certain companies in the valley define how high salaries can go. More often than not, they can afford to based on the performance of their business. Others try to pay market rate or lower in a competitive market because they can't afford to pay higher.

    Unless you're a true believer in the company and think your stocks will go up a lot or you see the business fundamentally improving soon, I wouldn't hope for too much.

    Move to a company where you are paid your true worth.
    Nov 9 2
    • Cloudflare / Eng rerecurse
      OP
      Thanks. Company culture is good but I don't think stocks are going to be moving much in positive direction any time soon. Mainly because of the market we are in.
      Few new initiatives are also somewhat questionable imo.
      Company is trying to not hire in SF and mainly focusing on Austin, London and Lisbon to get cheaper labor.
      So, yes, I am a believer but I don't think I can stick around much longer when others are paying so much more.
      Nov 9
    • Lyft szdfgtyg
      Then move asap
      Nov 9
  • Red Hat oMjm53
    300k TC sounds pretty good, but might not be the highest achievable salary for you in SF.
    It sounds a bit counter intuitive however to not be competitive in the area where your HQ is.

    I use cloud flare myself and I feel like they have a really good market share in what they do (DNS, CDN, etc...) so I view them favorably and could see myself working there. How's the company doing internally?

    You won't know for sure until you get an offer and let them know.

    Good luck!
    Nov 10 1
    • Cloudflare / Eng rerecurse
      OP
      Yes, I am in SF.
      Products are good and we are well respected in tech community. (Partially good work and partially because of very efficient marketing machinery)

      But pay is a different story all together.

      Morale is a little down because we all expected a better opening than what we got at IPO. But the real test is going to be when the lockup lifts.
      Nov 10
  • Riverbed Technology siegel
    Well, 1st of all, you are already overpaid. 2nd, gtfo.
    Nov 9 4
    • Cloudflare / Eng rerecurse
      OP
      I wish I could also live under the same rock as yours 😂
      Nov 9
    • Riverbed Technology siegel
      Better than being ignorant about your own inflated worth.
      Nov 9
    • Cloudflare / Eng rerecurse
      OP
      Lol.
      Nov 9
    • Cloudflare / Eng myimouto
      For context, our Champaign office is mostly people from Riverbed.
      Nov 11
  • Ooyala F=ma
    Start interviewing and see what the offers are. Maybe you can get them to counter to stay.
    Nov 9 1
    • Cloudflare / Eng rerecurse
      OP
      I have heard from a manager that leadership doesn't want to go out of range to retain people in SF. But yeah you never know. Can certainly try that. Just that interview prep is a bit**
      Nov 9
  • Cloudflare / Eng myimouto
    I would feel better about recommending CF to prospective employees if they paid market rate.

    I would feel better about ever working there again if they hired remote or in a civilized country.
    Nov 11 0
  • Roku de Vil
    You make plenty
    Nov 9 0

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