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?
But that's where a lot of talented young people do go, because at least the perception exists that that's where the jobs are. Again, large corps with substantial resources can always out-compete startups for talent in that environment.
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.
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.
You just said we need to bribe employees to not be scumbags and steal IP for another company. That’s corporate espionage not risk/ reward.
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.
You mean collude with the government to spam employee visas to China and India which keeps salaries artificially low. How many smaller companies are spamming H-1B visas to fill positions? If you think wages are low now, just wait until you get compartmentalized with cut hours and no benefits because it will be cheaper to contract employees for short durations than run the risk of losing IP to poaching. This will do exactly what what “Obamacare” did to the workplace initially, full time becomes to costly, so now you’re a contractor just under the minimum requirement for health insurance.
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.
But that's where a lot of talented young people do go, because at least the perception exists that that's where the jobs are. Again, large corps with substantial resources can always out-compete startups for talent in that environment.
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.
You just said we need to bribe employees to not be scumbags and steal IP for another company. That’s corporate espionage not risk/ reward.
You mean collude with the government to spam employee visas to China and India which keeps salaries artificially low. How many smaller companies are spamming H-1B visas to fill positions? If you think wages are low now, just wait until you get compartmentalized with cut hours and no benefits because it will be cheaper to contract employees for short durations than run the risk of losing IP to poaching. This will do exactly what what “Obamacare” did to the workplace initially, full time becomes to costly, so now you’re a contractor just under the minimum requirement for health insurance.