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Re: [newtech-1] hiring programmers-incentive, housing or otherwise

From: EddieN
Sent on: Thursday, January 24, 2008 6:07 PM

On Jan 24,[masked]:41 PM, Whitney McNamara <[address removed]> wrote:
For summer interns or short-term contracts I could see it being a
meaningful incentive, because it eliminates the incredible hassle of
trying to find short-term housing in NYC.

A friend of mine recently completed an internship with a major international bank; they provided her with both (shared) accommodation and a very decent travel allowance. She enjoyed every bit of her stay in NYC largely because of these two very powerful incentives. I also seem to recall reading on the "Joel on Software" blog about how his company does something similar for his interns (although I could be wrong).

Personally, if I had two equally attractive job offers in NYC and the only differential was the fact that one company was providing housing (at least) or a generous housing stipend (at worst) and the other wasn't, that would definitely sway my decision in favor of the former. That would be one less thing to worry about and it would enable me to focus all my energy on helping the company. It's the same thinking behind the crazy perks that Google, etc. provide in-house and on-site -- keep the microserfs happy and working all day and all night :)


Success is a lousy teacher. It seduces smart people into thinking they can't lose. -- Bill Gates

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