this. and if you were a startup without the funds to up the ante, you can provide things like stock options to your employees. any startup worth their salts is planning on growing, so stock options in a startup have a lot of potential value. if the startup isn't planning on growing, then the employee should be abandoning ship anyway.
That’s not how employee poaching works. You would have to double your R&D costs because any larger competitor will just keep upping the offer to clone the IP at a reduced price.
No start-up has the resources to offer employees the same deals they can get if a big corp wants to entice them. Especially if that same big corp is using their market clout to crush the start-up's profits.
As someone who's done both, there is no amount of money I can be paid to put up with megacorp red tape, bullshit, and having X - Sqrt(X) of my "fellow" employees being fucking leeches on productivity.
Communists talk about the owners of production being leeches, but the kind of lazy DEI dindu slobs that manage to hold on to their jobs for decades without ever doing anything worth any value to anyone are the true leeches.
If you're an up-and-coming software engineer/ product designer / marketer etc living in a dense blue urban shithole like NY or SF with sky-high rents, are you going to go for the stock option, or are you going to take the job that's offering you a 6-figure salary right now?
Oh fuck off. I'm probably one of the furthest to the right there is on this sub.
It's risk vs reward. If the company goes public/gets bought out by a bigger company, they will earn way more money than what they would have with that higher salary. Besides, those higher salaries don't exist when all of the companies collude with each other to keep salaries low and enforce non compete clauses like Google and Apple were busted for doing a few years ago.
offer your best employees better and they'll stay.
this. and if you were a startup without the funds to up the ante, you can provide things like stock options to your employees. any startup worth their salts is planning on growing, so stock options in a startup have a lot of potential value. if the startup isn't planning on growing, then the employee should be abandoning ship anyway.
That’s not how employee poaching works. You would have to double your R&D costs because any larger competitor will just keep upping the offer to clone the IP at a reduced price.
No start-up has the resources to offer employees the same deals they can get if a big corp wants to entice them. Especially if that same big corp is using their market clout to crush the start-up's profits.
As someone who's done both, there is no amount of money I can be paid to put up with megacorp red tape, bullshit, and having X - Sqrt(X) of my "fellow" employees being fucking leeches on productivity.
Communists talk about the owners of production being leeches, but the kind of lazy DEI dindu slobs that manage to hold on to their jobs for decades without ever doing anything worth any value to anyone are the true leeches.
Then give them stock options that get paid out if the company ever goes public. If the company doesn't make it, you owe them nothing.
If you're an up-and-coming software engineer/ product designer / marketer etc living in a dense blue urban shithole like NY or SF with sky-high rents, are you going to go for the stock option, or are you going to take the job that's offering you a 6-figure salary right now?
I'm going to go for a job that isn't in NYC or SF. There is no salary high enough to convince me to live there.
Sure, and if the business fails, the employees are liable correct? No? Oh wait, you’re a leftist who wants to socialize losses and privatize gains.
Oh fuck off. I'm probably one of the furthest to the right there is on this sub.
It's risk vs reward. If the company goes public/gets bought out by a bigger company, they will earn way more money than what they would have with that higher salary. Besides, those higher salaries don't exist when all of the companies collude with each other to keep salaries low and enforce non compete clauses like Google and Apple were busted for doing a few years ago.