As Holden Karnofsky observed about GiveWell’s experience, “it’s certainly the case that some people require substantially more pay than others (based on different career stages, etc.) even when they buy heavily into the mission.” In other words, willingness to work for below market rate is a poor proxy for both a candidate’s altruism and their job fit.
Talent constraints get exacerbated when we (in Pallotta’s words) “confuse morality with frugality”
Very well put!