Traditionally, it's been a huge challenge for health-tech and ed-tech companies to recruit tech talent from Facebook, Google and the other big tech companies.
As employees look for greater meaning in their work, some start-ups with a clear social mission are benefiting.Prior to 2018, start-ups could not compete against big tech companies' notoriously high salaries and other benefits designed to retain talent.
McQuaid's company aims to reduce the barriers for people to access the medications they need. One of its focus areas is PrEP, which is designed for people who don't have HIV but are at a substantial risk of getting to it. Color Genomics, a Silicon Valley-based health-tech company that specializes in helping people understand their medical risks, has also seen an uptick of interest from engineers, designers and product managers at the large tech companies.and Google, said that a few months ago he hosted an engineering recruiting event in Burlingame, Calif., a stone's throw from the big tech campuses. More than 200 people showed up.
"There are so many important problems to solve," said Kevin Bijas, the founder of Bijas Search, who specializes in product and engineering searches. Bijas said that the health-tech and ed-tech sectors were once perceived as antiquated with legacy technology systems, but are increasingly now viewed as having a lot of opportunity and potential upside.
Money can still be an issue. In some cases, it's a struggle to negotiate salaries down from $600,000 or more for a mid-level engineer, despite their equity package.
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