Re:Wall Street's Frantic Push to Hire Coders
by thedufer on Friday October 28, 2016 @08:16PM
(#12821840)
> And it's far more likely that they'll specifically and intentionally defraud you by faking the performance metric, and reward themselves the bonus they "saved" by not paying you.
Surely this would result in extremely high turnover? High turnover employers is probably something you want to avoid anyway, so I don't see this changing the equation much.
Re:Wall Street's Frantic Push to Hire Coders
by harryh on Friday October 28, 2016 @07:29PM
(#12821651)
Your cynicism does not match up with the historical behavior of investment banks towards their employees. But yes, if you think this way you should definitely not ever go work for one.
In fact you probably shouldn't work with anyone else because whenever you do that your success is, at least in some ways, tied in with their success. Best to work alone all by yourself where you don't ever have to trust anyone else.
If you think about what the company is saying, it's "If we fail at our business this year, we'll pay you less despite all your work." Even if that was only a 10% chance, meaning I'd statistically win, I wouldn't work there because they're looking to shit on me for their fuckups.
And it's far more likely that they'll specifically and intentionally defraud you by faking the performance metric, and reward themselves the bonus they "saved" by not paying you.