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Tenex pays its engineers by delivered story points, not hours worked

TechnologyInternationalEl Ecosistema Startup35 s readAI summary
Image: El Ecosistema Startup

Tenex, a firm with 75 employees, 90% of them engineers or AI strategists, pays its engineers by delivered story points instead of hours. Half of its clients are Fortune 2000 companies and the other half are mid-market firms with revenue between US$100M and US$500M. Alex Lieberman and CJ Hess presented the model on the Latent Space podcast at AI Engineer in New York and explained that the company recalibrates the value of a story point at least once a quarter.

In 35 seconds

  • Tenex has 75 employees, 90% engineers or AI strategists, and pays by delivered story points, not hours.
  • The gap between the highest- and lowest-paid engineer is around 4 times.
  • AI strategists are incentivized by client retention and growth, not points, to avoid low-quality delivery.
Read the full story at El Ecosistema Startup

IASummary generated by artificial intelligence from a story by El Ecosistema Startup. It may contain errors: the original source prevails.

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