Home / Strategy / A Google engineer took a 50% pay cut to join startup Qwil

A Google engineer took a 50% pay cut to join startup Qwil

For Daren Makuck, leaving a high-paying job at Google to work at a fledgling startup was a straightforward alternative.

The onerous half was deciding whether or not to keep.

But an interplay he had along with his new CEO not solely satisfied him to keep on the lower-paying job, however taught him an vital lesson about worker satisfaction, too.

Makuck, a software program engineer, left Google a 12 months after his earlier firm, a advertising startup referred to as Toro, was acquired by the tech big. Wanting to work at a smaller firm once more, he contemplated leaving after he was approached to work at a new startup referred to as Qwil.

Even although he’d be taking a 50% pay cut to join Qwil, the temptation to depart Google was sturdy, Makuck remembers. But he was nonetheless involved he would not be a good match for Qwil, a fintech firm that facilitates cost between freelance employees and the businesses they work for. Makuck instructed Qwil CEO Johnny Reinsch that he had his eye on a return to the online game trade, the place he had labored beforehand.

“I had told him I would feel bad if I joined and ended up wanting to leave after a year,” Makuck instructed Business Insider.

How Reinsch responded instantly modified his perspective.

“He replied, ‘If we can’t keep you happy enough to stay for more than a year, that’s on us,'” Makuck stated. “This was the first time I had ever felt like a company — not just the people in it — would share the responsibility of my employment, and it’s something I didn’t even realize I needed.”

This previous April, as Makuck approached his two-year anniversary at Qwil, the startup introduced it had raised $5 million in Series A funding. That meant Reinsch might afford to bump up his workers’ salaries.

Yet when Reinsch supplied Makuck a increase, the engineer turned him down.

“Given from what I had seen of the company and the way they ran it I was convinced that we would be successful, and I wanted to do everything I could to help us achieve that,” Makuck stated.

But Reinsch would not take no for a solution, insisting he take the additional pay. For Makuck, it affirmed his determination to keep at Qwil two years earlier.

“Johnny’s response to my offer showed me that he would stay true to his word — that continued employment was a thing we were both responsible for,” Makuck stated.

“It may seem like a small thing to do, but it’s things like that that make me want to go the extra mile as an employee.”

Meanwhile, for Reinsch, the expertise bolstered that the satisfaction his workers acquired at work was simply as vital as their paycheck.

“The truth is, how much money you get every month is one thing. How much satisfaction you get every month is another,” he wrote in a LinkedIn submit.

“And sharing those values with the people you recruit is the best feeling in the world.”

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About Jason Doughty

Jason M. Doughty writes for Investing and Strategy sections in AmericaRichest.

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