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Re:Buffer Layoffs by arcticfox on Thursday June 16, 2016 @06:29PM (#11919393)
The voting on your post implies people disagree, but the method you mention is the way the vast majority of companies try to operate because it intuitively makes sense.

Even in a cut-throat industry like sports, athletes aren't cut or traded the instant they enter a slump (if they still have future potential).

Re:Buffer Layoffs by cyberpanther on Thursday June 16, 2016 @07:10PM (#11919634)
As mentioned below, Netflix has the philosophy "we're a professional sports team". Yet they don't pay people millions of dollars like an athlete. If you really want to be cut throat, great, pay people like an athlete then. Otherwise quit the BS.
Re:Buffer Layoffs by fossuser on Thursday June 16, 2016 @07:23PM (#11919710)
They may not pay millions (as far as I know), but I've heard a senior engineer at Netflix can make upwards of $400k/year which is a lot relative to a similar position in other companies.
Re:Buffer Layoffs by prdonahue on Friday June 17, 2016 @02:50AM (#11921048)
Some make far more than that. They pay 100% cash and let employees decide how much appetite for (equity) risk they want to take on. It's a refreshing model for those who've seen their significant equity stakes (on paper) become worthless, or those who prefer to know exactly what compensation they'll be getting upfront, etc.
Re:Buffer Layoffs by phamilton on Friday June 17, 2016 @02:22AM (#11920986)
It's actually comparable to league minimum in Major League baseball, roughly $500k.

And I can guarantee that the average minor league player out there makes far less than your average software engineer.

Re:Buffer Layoffs by pc86 on Friday June 17, 2016 @07:13AM (#11921930)
Is your point that because an average software engineer makes 5-10x what a minor league baseball player makes, that a "major league" software engineer should also make 5-10x what an MLB player makes?
Re:Buffer Layoffs by phamilton on Friday June 17, 2016 @10:43AM (#11922891)
Nope.

The original claim is that Netflix runs more like a professional sports team in terms of demanding performance. The argument against was that they don't pay like one.

My argument is that they pay somewhere between a minor and major league team, both of which have a "perform or get out" mentality.

Re:Buffer Layoffs by aianus on Thursday June 16, 2016 @09:06PM (#11920085)
> Yet they don't pay people millions of dollars like an athlete.

They also don't fire you at 30 for being washed up and leave you with brain injuries and zero transferable skills.

Re:Buffer Layoffs by douche on Friday June 17, 2016 @06:22AM (#11921744)
They wait until you're 40 to call you washed up /s
Re:Buffer Layoffs by ttam on Thursday June 16, 2016 @11:31PM (#11920550)
Netflix is actually known for paying some of the best salaries in the Valley.
Re:Buffer Layoffs by tempestn on Thursday June 16, 2016 @08:59PM (#11920067)
They pay market rates, just like sports teams do.
Re:Buffer Layoffs by btmorex on Thursday June 16, 2016 @09:44PM (#11920190)
Sports teams don't actually pay market rates. Every sport that I can think of limits pay in one way or another especially for stars, ostensibly so that small market teams can compete with big market teams.
Re:Buffer Layoffs by stevewilhelm on Friday June 17, 2016 @12:57AM (#11920762)
In English and European club football (soccer) there are no salary caps.

"In English sport, there’s no draft; there’s no salary cap; there’s no revenue sharing, no parity. In the Premier League, it’s every team for themselves." [1]

1 http://freakonomics.com/podcast/leicester-city/

Re:Buffer Layoffs by rmc on Friday June 17, 2016 @02:04AM (#11920946)
It quite funny how socialist American football is. :)
Re:Buffer Layoffs by tonyedgecombe on Friday June 17, 2016 @04:49AM (#11921384)
It quite funny how socialist American is. :)
Re:Buffer Layoffs by jzwinck on Thursday June 16, 2016 @10:10PM (#11920275)
In sailing you can usually pay crew whatever you like. Here's one example: http://www.wsj.com/articles/a-sailors-salary-300-000-if-he-w...

There probably aren't any $10MM/year sailors, but we can infer that $1-2MM/year should be possible for a few.

Re:Buffer Layoffs by freddie_mercury on Thursday June 16, 2016 @08:59PM (#11920064)
Not all professional sports pay millions.
Re:Buffer Layoffs by inopinatus on Thursday June 16, 2016 @11:35PM (#11920563)
Most professional athletes don't earn big money. Rather like music, a very few make it in the big leagues. Of the rest, some find steady work in minor teams; many, many others struggle to get by combining their passion with casual day jobs.

If your sport isn't one of the few that can command massive advertising dollars, then there may be no pay at all. The value chain is very clear: all high athlete salaries are ultimately funded by advertisers wanting access to consumer eyeballs.

Overlay all this with the very short effective career, the near-absence of post-athletic marketable skills, and the devastating effect of injuries, and you'll find athletes are statistically underpaid over their lifetimes.

Re:Buffer Layoffs by pc86 on Friday June 17, 2016 @07:16AM (#11921942)
Statistically underpaid compared to what?
Re:Buffer Layoffs by kmonsen on Friday June 17, 2016 @02:34AM (#11921017)
I don't know for sure, but I don't think Netflix cuts people right away either. I am sure they are looking for future potential before making a rash decision. If not there would be hardly anyone left and I know several that people that have worked there for many years.