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.
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.
Bullshit. I said a small company needs to offer other perks if they can't compete on salary with bigger companies in order to retain their good employees. Kneecapping workers' salaries to protect small companies is not a good thing.
You mean collude with the government...
No. I mean exactly what I said. Apple and Google and others were colluding together to avoid paying programmers what they were worth. And since those employees were locked in to non competes, they couldn't go get better paying jobs at a competitor. H1Bs have nothing to do with this. And H1Bs existing due to bad government policy is not a good reason to protect anticapitalist shit like non compete agreements.
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.
Bullshit. I said a small company needs to offer other perks if they can't compete on salary with bigger companies in order to retain their good employees. Kneecapping workers' salaries to protect small companies is not a good thing.
No. I mean exactly what I said. Apple and Google and others were colluding together to avoid paying programmers what they were worth. And since those employees were locked in to non competes, they couldn't go get better paying jobs at a competitor. H1Bs have nothing to do with this. And H1Bs existing due to bad government policy is not a good reason to protect anticapitalist shit like non compete agreements.