Re:Google claims Levandowski launched competing projects lon...
by 013a on Tuesday April 04, 2017 @01:35AM
(#14029766)
I'm not so certain. The alternative might be to double or triple the pay of ultra-high-performing employees. But, ultimately, your performance at your job is bounded by the responsibilities of your role. You can possibly have a 2x impact, but the only way to have a 10x impact is to quit and go your own until you build something good enough to deserve it.
10xing someone's pay does not 10x their performance. It probably wouldn't even 2x it, even in a new role. But you can derive that kind of value through an acquisition.
Re:Google claims Levandowski launched competing projects lon...
by lawnchair_larry on Monday April 03, 2017 @09:18PM
(#14028769)
But it's either that or nothing. These people are not offering to sell their loyalty for more than a few years. The market has plenty of takers.
Re:Google claims Levandowski launched competing projects lon...
by microtherion on Tuesday April 04, 2017 @12:50PM
(#14034736)
But is "that" truly a better deal than "nothing", once you factor in the effect on morale of your other employees?
The founders of aqui-hired companies may get compensation which is completely out of line with what engineers originally at the hiring company earn. Furthermore, it gives them both the means and the motivation to only stay in their new job until they've earned out their incentive pay, and then repeat the quit /found startup/get aqui-hired cycle.
This basically teaches both the aqui-hired and the tenured engineers that the way to get ahead is to embark on a series of short term engagements. I'm sure that many consider this style of career the true magic of silicon valley, but to me it looks like companies are incentivizing disloyalty.