Re:Golden Handcuffs
by zuhayeer on Thursday May 13, 2021 @10:53PM
(#27150148)
Agreed. Also C-levels get parachutes and a bunch of custom clauses to help ensure they are compensated even in some pretty lopsided scenarios.
[ Parent
| on HN ]
Have you tried to look for a job after being terminated as a C-level or when startup you put in many years goes under?
Job market for IC is most of the time quite easy if you are technical, developers are usually spending 2 years at a company. I don't see C-level people switching companies on a whim and work one company for many years (not everyone is Elon Musk).
Once you have C-level on your CV good luck finding job again on lower level or the same level but different company. My boss is in it for life with current company, I can put my notice tomorrow and I walk away like I never worked there.