It's a good time to poach Lyft engineers right now. It came out this past week that our average raises were 1-2%, and there are lots of people who received high performance marks who got no raises at all. Start referring your Lyft buddies, and they'll be more inclined to leave than ever. Tell your recruiters to start pinging Lyfters. Our blind lounge is pretty much people upset with how cheap Lyft is on not only raises, but other benefits as well.
Poach Lyft employees? Are most lyft folks ex-Goog/FB? I haven't heard Lyft interviews being terribly hard like Airbnb.
Mostly ex-twitter, then google, then FB, then zynga.
Airbnb interview was a lot easier than Lyft.
Don't leave Lyft! We need you guys to not be Uber
So do we.
Savage
Yes there's definitely going to be people jumping ship. Product and Engineer are ripe for the poaching right now.
Amazon is the same right now because the newbs got surprised by their shitty raises. This got me thinking, why shouldn't we use blind to set up mutual referrals from other companies. You make money jumping ship, not staying with them. Just a thought.
Yeah, but doesn't hurt stock went up $150 per share in less than a year
PM me if anyone needs a referral to Uber
Seriously?
🍿
Sounds like Uber 😂. Best of luck.
How were the RSU refresh?
There was close to 0
That is bad. why No RSUs. That is at least something they should give
I don't understand why otherwise good companies shoot themselves in the foot with stupid stinginess on aspects of employee comp that don't really matter.
Base salary is an aspect of comp that doesn't really matter?
Giving 10-15% raise to performers doesn't really matter compared to lost productivity and employees leaving. Replacing a performing employee is really expensive
Lmao!
Same here at Tableau
It's the same at a lot of places. The economy is changing, and techie entitlement isn't.
My guess is Lyft is trying to turn a profit before Uber, so they're conserving cash. If someone leaves 100% of their options and RSUs on the table because they're upset at not getting a 4% pay raise, I wouldn't hire them out of fear that they'd just as easily leave my group.
I don't think you forgo vested RSUs if you leave.
Probably true for RSUs but you usually have 90 days to exercise options. Still, the growth from RSUs is likely much more than a measly 4%.