Re:What technical recruiters want from engineering candidates
by mmirate on Tuesday May 15, 2018 @09:39AM
(#17073807)
> equity
AFAICT equity is a lottery-ticket at best, and is usually bubkes.
What novel information do you have about equity?
Re:What technical recruiters want from engineering candidates
by hekfu on Thursday May 17, 2018 @09:46AM
(#17091197)
Two cases:
1. I'm talking about equity, not options. Aka, part of the company is yours. With voting rights, or in the case of e.g. Google, at least worth cash 2. In a startup, it is a lottery ticket. If the company is public, you can include it in compensation as there is a market value
If the company actually gives you a meaning number of shares, they can expect you to care about the company beyond the paycheck... because it's your company. If they are Google and the stock is a way to chain you via vesting...at least it's golden chains
Ding ding ding. Also in this category
* We still shitcorp want the company to be a family * Believing in our vision * Want our employees to be caring about the customer * Have fun and pizza in the office
Unless
a) there are hard cash+ benefits b) there is equity c) there exists a formal incentive structure reaffirming the officially started desires
It's all consciously or subconsciously a way to sucker people in and exploit them without pay. And some people go in knowing that and not caring they get exploited (nurses, some people better than me I know), some don't notice (mostly junior devs/consultants). But for both exploited they get