In my experience, being a salaried employee doesn't really give you skin in the game at all. It's often illusory, as owning a sliver of equity or profit sharing translates to practically no upside or downside. Salaried employees and contracts are equally likely (or unlikely) to be invested in the success of the company. Misusing contractors or mismanaging salaried employees is a failure of management, and ultimately a failure of ownership. Garbage at the top, garbage at the bottom.
Re:Is Being Salaried a Scam?
by hellisothers on Sunday March 14, 2021 @06:59PM
(#26460368)
That is fair and I apologize for the characterization, it’s a generalization not meant to apply to everybody. I have been on both ”teams” as engineer and manager as well and either way it’s something you have to take into account as you work on or manage the people.
I actually find that quite offensive. Myself and the other contractors I know are professionals, winning work through reputation and delivering results. That's why we get paid well.
We require less management and always try to deliver above expectations. We have a professional, business to business relationship with our clients, where many employees seem to consider their employer almost a surrogate parent.
Employees have no more skin in the game, in fact I'd say less - if I don't deliver I get no more work.