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NEW: Short-term hires + DRYed 'Starting at TVP'

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@AdityaNayak AdityaNayak released this 11 Jun 21:03
· 84 commits to master since this release
v2.2
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Short-term hires

Junior partners can recruit short term hires, on project basis. They are not expected to subscribe to our system and are seen as hands on hire.

Why this change

Delivery processes usually have 2-3 weeks of time to complete recruitment. Recruitment is sacrosanct. It should not be subjected to such extreme time pressure, if the cost is quality.

Current view is that it is not possible to recruit long-term players on-demand and within that constraint. And get it right.

Removing the expectation of a long-term alignment and hence, not asking for a commitment outright increases the pool of applicants. And the probability of outcome.

It is harder to sell the pitch AND the system. New hires tend to prefer the idea of earlier albeit lower pay, rather than a higher reward later through success payout and equity.
It’s easier for new recruits to choose a longer-term alignment once they are inside the system.

Future view:

As we build visibility, our inbound pipeline of applicants should start to build. And short-term hires may not be needed.

Principles:

No compromise on quality. The recruitment parameters will not be relaxed.
Current process: Jarvis - Recruitment
Current threshold is: >5 on all A-player attributes
Ascend path and Payroll mapping stays the same. Current pay levels may serve as good references, but do not demand adherence.
There is no separate capital allocation made for these hires. And their costs come from success payout.

Other changes in this release:

image

  • Simplified Applying section. Updated the process to reflect Jarvis - Recruiting
  • Changed day 45 to be a day of self-assessment, instead of an intervention by us. Doing former right, makes the latter is redundant. And makes trust possible.
  • Cleaned up Compensation principles to make it easier to understand. And also, removed the incorrect positioning of success pay as an 'incentive'. In reality, it should be seen as income; merely calculated differently.
  • Joining contract has minor language tweaks with a super simplified section on taxes.
  • A-player attributes: Added description for 'Learning to Problem Solve'. Earlier it only had examples.
  • Added a new method for short-term hires.
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