u/8um8lebee wrote (the comment Michael replied to):
Thanks for your response! I've read up on some threads about your Formation service on here as well. I think with my very limited day to day time commitments, a more tailored approach would be beneficial. With what little time (and energy) and I have at the end of the day, I'm j
u/michaelnovati replied · ★ FEATURED
Yeah it's expensive and it's not like we have some magic spell to cast to hand you a job either.
The goal is to increase your annual compensation by way more than the cost. The average placed Fellow in 2024 from their self reported placement forms, increased their first year comp by over $100K and that's how you can justify the cost.
Now can you do it on your own and get the same increase without paying us? Of course and it's different for each person.
For example, someone might not want to negotiate their offer and we make it completely painless to increase the offer by $20K, paying for Formation itself regardless of the other increase.
Some people do like 30 mock interviews (which are run completely like REAL interviews with real engineers), which would cost them way more with a competitor.
Some people make like $150K already and an hour of their time is valuable so they would rather get ready efficiently with us. Saving 200 hours of their time might justify the cost.
Some people have a family and are super busy and they don't even have the time to spend figuring it out so we enable them to make a change they otherwise would not be able to make, by having a completely adaptive and flexible schedule that adapts entirely to your availability every week - ramping up and down.
We're not a giant company like Google here but there are a number of win-win reasons to pay for expensive coaching.
If you don't have a reason then I wouldn't pay for it for sure!