Re:FTC announces rule banning noncompetes
by emidln on Tuesday April 23, 2024 @06:59PM
(#40138331)
In finance, it's common to see a base of 150,000 and a VR of between 300k and 750k for engineers. During garden leave, you get paid your $150,000 as part of payroll, but are ineligble for VR. Your total comp goes from 450,000 (in mediocre years) or 900,000 (in good years) to 150,000 for whatever your non-compete period is (6 months, 12 months, 24 months are all common).
[ Parent
| on HN ]
Re:FTC announces rule banning noncompetes
by PcChip on Wednesday April 24, 2024 @12:11AM
(#40140479)
I suddenly feel like I’m in the wrong industry
Re:FTC announces rule banning noncompetes
by datadrivenangel on Wednesday April 24, 2024 @12:30AM
(#40140593)
Remember to consider $/hour and stress/$/hour.
In finance you make more money, but work more hours and have more stress per hour typically. Still probably a good deal, but it's not a Pareto efficient deal.