3 ms·
a small number of people with a lot of skin in the game making important decisions The problem is exposure. Those people will capture all of the upside if they
by gaius 9y ago
a small number of people with a lot of skin in the game making important decisions
The problem is exposure. Those people will capture all of the upside if they get it right, and their subordinates will take the downside when they don't.
- chillydawg 9y agoWell, no: share price.
- gaius 9y agoNot many at the ordinary-worker level have a meaningful equity participation or bonuses. 10% of your salary at most at most companies if an impossible set of conditions are met, or laid off when the company needs to save some money, versus executives who will pocket millions whatever happens.
- morgante 9y agoMost big tech companies give a substantial portion of compensation (up to 50%) in the form of RSUs, even for "ordinary" engineers.