Re:Gitlab to lay off 7% of staff
by quietbritishjim on Thursday February 09, 2023 @03:36PM
(#34731017)
I think the point is that salary + bonus = your real salary, but they give much if it in the form of a bonus so they can more easily choose to give your overall "salary" a cut.
Re:Gitlab to lay off 7% of staff
by atomicnumber3 on Thursday February 09, 2023 @03:50PM
(#34731228)
It's how it works in the trading world. The base is decently competitive (for devs anyway) but the bonus is based on trading results and functions similarly (from an incentives/alignment and retention perspective) for how stock works for other companies.
Re:Gitlab to lay off 7% of staff
by ycombobreaker on Thursday February 09, 2023 @09:48PM
(#34735035)
A trading shop can afford to give bigger bonuses to a smaller set of staff, not everyone who is still cutting teeth.
You're anyway better with job hopping.