News for hackers. Stuff that matters.

A comment on The Story of Microsoft's Minecraft Buyout. Parent comment

Re:The Story of Microsoft's Minecraft Buyout by matthewcford on Tuesday June 02, 2015 @01:03PM (#9647227)
Unless they are getting paid below a fair market rate, I don't see why this would be the case. Plenty of jobs require more than 9-5 hours.
[ Parent | on HN ]
Re:The Story of Microsoft's Minecraft Buyout by InclinedPlane on Tuesday June 02, 2015 @02:17PM (#9647847)
A: Fair market rate hasn't been fair for a while, due to non-poaching agreements.

B: Nevertheless, "fair market rate" typically includes gaining equity over time at a company. More equity the younger the company is and the more it is growing while you're working there. If you work for "fair market rate" at Microsoft, Google, Amazon, Facebook, etc. you get stock grants, stock options, the whole nine yards. If you work for "fair market rate" at an up and coming startup you'd expect to receive stock as well, and in comparatively larger chunks.

[ Parent | on HN ]
Re:The Story of Microsoft's Minecraft Buyout by mentat on Tuesday June 02, 2015 @01:22PM (#9647385)
Except that fair market rate has been depressed by collusion and shady hiring practices almost universally.
[ Parent | on HN ]