23 ms·

Even your boss wants to quit

96 points by monkeydust 4y ago

civilized 4y ago
Sure, go start an artisan farm and let someone else try. Maybe someone who spurns unnecessary stress on themselves and their workers.
crmd 4y ago
> 81% said improving their own equilibrium is more important than advancing their career right now. Are these the same 81% of executives driving return to office?
higeorge13 4y ago
Speaking of bosses and managers; do people think that people management is overrated and not that important as managers and managers’ managers claim? I really wish middle engineering management had some technical clue and drive some technical initiatives instead.
pixel_tracing 4y ago
As an executive you’re in a position to influence and make changes for folks below you, I guess they really don’t give a shit. Self > team I suppose
- monkeydust 4y ago
  In defence of executives its not that clear cut. Yes you can influence and most large companies have channels to do this but how much they listen to you depends on the support the executive gets from their manager and so on. For big change to work there has to be the right culture set by the board and this has to feed down. Heck, maybe in the not so distant futures a DAO like setup will exist that will flip all this on its head.
  - jrumbut 4y ago
    You'd also have to know what changes to make. I like my job, but the fact that I have to do it or else lose my house makes it less joyful than it might otherwise be. Not sure what my boss can do about that.
- WJW 4y ago
  The older I get, the more I realize that middle managers (and even C-suite executives) are even more limited in what they can achieve than individual contributors. They have no way to do anything themselves and all "initiatives" they start inevitably get stuck in endless meetings and planning sessions with people that are very invested in status quo. Imagine how much harder the chinese telephone game gets if some people actively sabotage it.
  - nicolas_t 4y ago
    That's been my experience moving from individual contributor to c suite exec. As an individual contributor, I was free to just do what I thought was best for the company and contribute to any project that I thought I could add the most value. As a c-suite exec, I spend most of my time in meetings that lead to very little change and I look on with a bit of envy on ICs who get to improve things without asking for permission first.
    - civilized 4y ago
      You're at the top. Why can't you choose to do things differently? Who or what else are you waiting on?
      - SkyPuncher 4y ago
        As you go up the ladder, your work inherently involves more impact _across_ the organization. Your area of influence is so large that you must make sure the changes you make support all parts of the company - not just your org. The IC at the bottom is likely limited to a specific project or feature. They have a lot of space to roam in that box, but they inevitably have a small box.
      - randomdata 4y ago
        If you are at the top, you are waiting on everyone else. Being humans with their own thoughts and feelings they need to be won over if you want them to stay aligned with you. What else can be done differently other than giving up and doing everything yourself? But once you start doing everything yourself you are no longer at the top. You are at the very bottom.
- Hates_ 4y ago
  That's not the impression I have from the article. The overwhelming % of execs are pushing for positive change. At the end of the day, it's the "put your own mask on first" principle. Execs are humans just like everyone else, with their own job pressures and stresses, not robots that can automatically compartmentalise and supress their own feelings and emotions.
johnwheeler 4y ago
I’ve been wondering how the great resignation narrative will fare with the looming recession.
- vsareto 4y ago
  There's a lot of ground to cover to get back to high unemployment numbers and lack of jobs (especially tech), but I don't think we're that far off from a norm, so I think the narrative is fragile.
- cs137 4y ago
  "Great resignation" is mostly that, a narrative. Workers aren't actually becoming powerful. They're just slightly less powerless, and everyone knows it's transient--barring an overthrow of corporate capitalism, but I think we all know that such things are unpredictable--which is why people are itchy to move now before things go back to how they were and everyone is stuck in place for a while. It's good for cappie PR to create a narrative of empowered, entitled workers. It's just not true, though. Most of the current worker attrition has to do with COVID-related disability (long COVID), gas prices, and displacements caused by rising rents. It's not that people are suddenly deciding not to work because the Capitalism Fairy is putting seed capital under their pillows--it's that people who had few options now have even fewer.
  - beebmam 4y ago
    Boomers are leaving the labor market without as many people replacing them, creating a labor crunch. COVID accelerated that process. It's not much more complicated than that
    - Apocryphon 4y ago
      Some are, some are coming back https://money.yahoo.com/older-americans-head-back-to-the-workforce-171922301.html https://money.yahoo.com/older-americans-head-back-to-the-wor...
      - 4y ago
willcipriano 4y ago
I wouldn't want my bosses job. I don't think it pays all that much more than mine but it requires a lot of days full of meetings and late nights. I may even do better on a hourly basis. I think some people get wrapped up in the headline salary number (XXX,XXX per year, that's a lot of money!) and never break it down into a hourly number to see if it's actually a better deal.
- browningstreet 4y ago
  I was denied a promotion to a level that had unlimited vacation. I have a set number of days. I’m much happier without the promotion. But I won’t stay forever.
- fnbr 4y ago
  100%. In big tech, as you get more senior, the job becomes miserable. I wouldn’t want to be a Director, or even a Senior Staff engineer. At a certain point you sacrifice your sanity to be in that many meetings.
  - bradlys 4y ago
    I think it really depends on the type of big tech you’re talking about. Being senior staff often means $800k+ comp. I’d gladly take that over the $400k senior ranges. Directors are past $1m. It’s a huge pay bump - not just 20% to go into management and more managerial roles. It pays.
  - hgsgm 4y ago
    Unless have strong social anxiety and can't habdle being around people, meetings are much better than coding on something that will never work because the meetings people are making terrible decisions.
  - karaterobot 4y ago
    My career trajectory was Dev -> Senior -> Lead -> Director -> Senior. I left a company and purposefully looked for my next job further down the ladder, after having profound burnout that made me question whether I wanted to keep working in the industry at all. I decided I like making software, I just didn't like the amount of stress, anxiety, uncertainty, politics, and bickering I was experiencing. In my experience, these things grew exponentially at each level, while the salary only grew linearly. So, I'm fine making merely "way more money than I need" while not crying in my car in the garage before work, which is something that actually happened many times at my old job.
Clent 4y ago
This the work life balance their culture pushed on to workers, it prevented WFH from being adopted long ago. I just have no sympathy. Their lack of work life balance is why they earn 300x the pay, correct? That's the narrative I am most familiar with as their rationale for the income gap. I am amused at the article's pin that some of the c-level work life balance changes could trickle down via policy...this thinking is broken.
civilized 4y ago
> Asked if they'd taken any steps to help staffers mellow out, 20% of C-suiters said they'd banned after-hours emailing, and 35% said they make employees take breaks during the day. Because the boss applying more corporate coercion to subordinates is clinically proven to help them relax. Every morning I meditate on the peace that only a corporate hierarchy policing my every action can bring.
- trashtester 4y ago
  During the stand-up that has 5 execs and 2 developers?
mikkergp 4y ago
There was some other comment about how objectively good things are right now and how good the future looks for most of the world(humans, not environment) and it makes me wonder if somehow the better things are the worse things get since wealth is still so unevenly distributed. With all the talk about work-life balance and the great resignation and worker power, I have to imagine that maybe 50 years ago if you were poor you had a better sense that there was no way out, but as your situation improves you get more hope that you become middle class and more frustrated when you don't achieve it. Which is all to say that if executives are inspired to move to four day work weeks and better work-life balance, will this trickle down to blue collar/minimum wage jobs (i.e. Musk advocating for 9-9-6)
- hedora 4y ago
  Economic mobility in the US is much lower than it was 50 years ago, and food riots are common elsewhere this year. Climate change projections say that we're headed to economic collapse.
- airstrike 4y ago
  Nothing meaningful will trickle down to blue collar / minimum wage jobs from these types of "changes" because capital gains taxes are much lower than income taxes. If you 80-20 the issue of inequality, this is what you should spend most of the time discussing. The fact that many can afford to let money sit in the bank earning virtually risk-free ~7-8% year (~3% for "true" risk free) and pay ~20% on those gains instead of the fucking 42% of our income some of us pay in places like NYC is where this is really at Increasing capital gains taxes would have obvious meaningful implications for financial markets, so the debate really should be about what's the lesser of two evils here: reducing inequality or reducing the strength of the US financial market. You decide.
  - Tarsul 4y ago
    Thank you for saying this so eloquently. It's a sad state where this elephant in the room isn't talked or acknowledged really. Well, ok, it's politically "unfeasable" but still if we don't even acknowledge it, nothing real will change. The other elephant in the room that no one talks about is that housing shouldn't be that much of a problem in a country where the population is not growing (but it is because it is used as an asset although it should be for living not for wealth growth, thus having 2nd or 3rd homes should be massively discouraged through taxes).
maxfurman 4y ago
Funny to see this today - my own boss resigned last month and we've been interviewing for his replacement. I haven't decided whether or not to apply for his position; I don't want all of his responsibilities but I do want to keep the autonomy that I've gained since he left.
- effingwewt 4y ago
  I've been in that situation several times. What instantly becomes glaringly obvious is that the company should comp you better and leave you be, as you quite obviously do not need said boss. Yet, every single time they will waste money interviewing people, spend more on hiring and onboarding and training, and then this other person is magically in charge of not only you but your comp. Fuck what businesses have all become.
- dekhn 4y ago
  I've hired my own manager several times now (I'm told this is a bad practice) specifically because I wanted to remain a tech lead but needed somebody to advocate for my team and handle the people management time. It has in fact worked spectacularly.
- daxfohl 4y ago
  Same. (Actually I'm in the really weird position of: manager quit, M2 out with covid, M3 paternity. M4 is even on vacation this week). I half wonder if forcing every manager to take a three month vacation each year would lead to an increase in productivity.
  - lostdog 4y ago
    The better the managers are in an organization, the less they need to do. Once they've stood up a good team, removed friction, and made a good plan, you run out of things to do. But the best managers also want to keep busy, so they keep trying to intervene, which is counterproductive. I wonder if we should go back to sending managers to the golf course more regularly.
- RemoteIsHeaven 4y ago
howmayiannoyyou 4y ago
The past 5 recessions saw unemployment between 6.3% - 14.7% with a mean unemployment of roughly 8%. If you're among the many who think we are entering a recession, and I'm with you on that if you are, then strap in for an inversion of the job market and your boss' desire to quit.
hansword 4y ago
> What we found was that the majority [of C-suite executives] want to do something about it, but they just haven't done something about it I literally laughed out loud. This is how it is, this is always how it is. LOL
- Benjammer 4y ago
  There are infinite ways to "spin" inaction as cautious analysis or being conservative. It's much more difficult to spin an intentional decision that you are accountable for that went wrong. The higher up you go, the higher the cost of a bad decision becomes, while the value of a correct decision doesn't really increase that much compared to someone lower down making the same call successfully. Basically, you're expected to make the right call more often than not when you are higher up. Amazon literally has a thing in their leadership principles about how good leaders are just "right" more often than bad leaders. All of these incentives lead to many, many situations where it is not in any one executive's best interest to make a decision to move forward on something. So they all just sit on it.
- daxfohl 4y ago
  I have to give them benefit of the doubt. How many things are on my own plate that I haven't done anything about yet? A lot.
  - RemoteIsHeaven 4y ago
    > How many things are on my own plate that I haven't done anything about yet? A lot sure but that's not how leadership works. Part of leadership is prioritization and ownership.
eftychis 4y ago
I don't buy it. Somewhere between the janitor and the head, someone has responsibility. (To make the reference.) a) Tree communication graphs are known and proven to not provide reliable message transmission against an adversary. As a boss you (should) know and live that but most prefer to hear the flattery and see the grass as green until it's too late. b) You have stressful knowledge as a boss that you decide to not share with your underlings -- usually because you don't trust them. Some companies have been known for their openness on every topic. We are talking about software engineering here not factory mindless work. If you don't share and bottle things you are doom ing yourself. c) I am sorry but if as a boss you are unable to downgrade yourself -- tells me either you don't know you can hire another boss to be the CEO/..., you are inept and can't do anything useful in the company besides "bossing," or you live in an illusion. Somewhere between the janitor and the CEO people stop working for their next meal. And few CEOs care more about employees future than their life's work. P.S. That said being a middle manager in a growing or cash cow company means making sure the status quo remains. Thinking otherwise is the illusion I think a lot of people becoming middle managers have for too long a time.
angarg12 4y ago
My org has seen significant attrition at all levels, including mid+ management. My take is much simpler: just like us IC folks, managers jump ship for better opportunities, promotions, and raises. I'm not making this up. I've heard leaders comment in private about how their compensation has dipped due to the recent stock market crash. Since the higher you go in the chain, the biggest the share of your comp is in stocks, it's very attractive to change employment during a market dip. Sure it's risky, but the payoff is big.
- daxfohl 4y ago
  Yeah my signing bonus is beans now. Fresh college grads are getting equivalent to what my staff offer has become. Maybe that's partially why coinbase rescinded offers, to avoid the senior engineers from comparing their relative signing bonuses and feeling angry about it.

96 points by monkeydust 4y ago

Sure, go start an artisan farm and let someone else try. Maybe someone who spurns unnecessary stress on themselves and their workers.

crmd 4y ago

> 81% said improving their own equilibrium is more important than advancing their career right now. Are these the same 81% of executives driving return to office?

higeorge13 4y ago

Speaking of bosses and managers; do people think that people management is overrated and not that important as managers and managers’ managers claim? I really wish middle engineering management had some technical clue and drive some technical initiatives instead.

pixel_tracing 4y ago

As an executive you’re in a position to influence and make changes for folks below you, I guess they really don’t give a shit. Self > team I suppose

monkeydust 4y ago
In defence of executives its not that clear cut. Yes you can influence and most large companies have channels to do this but how much they listen to you depends on the support the executive gets from their manager and so on. For big change to work there has to be the right culture set by the board and this has to feed down. Heck, maybe in the not so distant futures a DAO like setup will exist that will flip all this on its head.
- jrumbut 4y ago
  You'd also have to know what changes to make. I like my job, but the fact that I have to do it or else lose my house makes it less joyful than it might otherwise be. Not sure what my boss can do about that.
WJW 4y ago
The older I get, the more I realize that middle managers (and even C-suite executives) are even more limited in what they can achieve than individual contributors. They have no way to do anything themselves and all "initiatives" they start inevitably get stuck in endless meetings and planning sessions with people that are very invested in status quo. Imagine how much harder the chinese telephone game gets if some people actively sabotage it.
- nicolas_t 4y ago
  That's been my experience moving from individual contributor to c suite exec. As an individual contributor, I was free to just do what I thought was best for the company and contribute to any project that I thought I could add the most value. As a c-suite exec, I spend most of my time in meetings that lead to very little change and I look on with a bit of envy on ICs who get to improve things without asking for permission first.
  - civilized 4y ago
    You're at the top. Why can't you choose to do things differently? Who or what else are you waiting on?
    - SkyPuncher 4y ago
      As you go up the ladder, your work inherently involves more impact _across_ the organization. Your area of influence is so large that you must make sure the changes you make support all parts of the company - not just your org. The IC at the bottom is likely limited to a specific project or feature. They have a lot of space to roam in that box, but they inevitably have a small box.
    - randomdata 4y ago
      If you are at the top, you are waiting on everyone else. Being humans with their own thoughts and feelings they need to be won over if you want them to stay aligned with you. What else can be done differently other than giving up and doing everything yourself? But once you start doing everything yourself you are no longer at the top. You are at the very bottom.
Hates_ 4y ago
That's not the impression I have from the article. The overwhelming % of execs are pushing for positive change. At the end of the day, it's the "put your own mask on first" principle. Execs are humans just like everyone else, with their own job pressures and stresses, not robots that can automatically compartmentalise and supress their own feelings and emotions.

johnwheeler 4y ago

I’ve been wondering how the great resignation narrative will fare with the looming recession.

vsareto 4y ago
There's a lot of ground to cover to get back to high unemployment numbers and lack of jobs (especially tech), but I don't think we're that far off from a norm, so I think the narrative is fragile.
cs137 4y ago
"Great resignation" is mostly that, a narrative. Workers aren't actually becoming powerful. They're just slightly less powerless, and everyone knows it's transient--barring an overthrow of corporate capitalism, but I think we all know that such things are unpredictable--which is why people are itchy to move now before things go back to how they were and everyone is stuck in place for a while. It's good for cappie PR to create a narrative of empowered, entitled workers. It's just not true, though. Most of the current worker attrition has to do with COVID-related disability (long COVID), gas prices, and displacements caused by rising rents. It's not that people are suddenly deciding not to work because the Capitalism Fairy is putting seed capital under their pillows--it's that people who had few options now have even fewer.
- beebmam 4y ago
  Boomers are leaving the labor market without as many people replacing them, creating a labor crunch. COVID accelerated that process. It's not much more complicated than that
  - Apocryphon 4y ago
    Some are, some are coming back https://money.yahoo.com/older-americans-head-back-to-the-workforce-171922301.html https://money.yahoo.com/older-americans-head-back-to-the-wor...
    - 4y ago

willcipriano 4y ago

I wouldn't want my bosses job. I don't think it pays all that much more than mine but it requires a lot of days full of meetings and late nights. I may even do better on a hourly basis. I think some people get wrapped up in the headline salary number (XXX,XXX per year, that's a lot of money!) and never break it down into a hourly number to see if it's actually a better deal.

browningstreet 4y ago
I was denied a promotion to a level that had unlimited vacation. I have a set number of days. I’m much happier without the promotion. But I won’t stay forever.
fnbr 4y ago
100%. In big tech, as you get more senior, the job becomes miserable. I wouldn’t want to be a Director, or even a Senior Staff engineer. At a certain point you sacrifice your sanity to be in that many meetings.
- bradlys 4y ago
  I think it really depends on the type of big tech you’re talking about. Being senior staff often means $800k+ comp. I’d gladly take that over the $400k senior ranges. Directors are past $1m. It’s a huge pay bump - not just 20% to go into management and more managerial roles. It pays.
- hgsgm 4y ago
  Unless have strong social anxiety and can't habdle being around people, meetings are much better than coding on something that will never work because the meetings people are making terrible decisions.
- karaterobot 4y ago
  My career trajectory was Dev -> Senior -> Lead -> Director -> Senior. I left a company and purposefully looked for my next job further down the ladder, after having profound burnout that made me question whether I wanted to keep working in the industry at all. I decided I like making software, I just didn't like the amount of stress, anxiety, uncertainty, politics, and bickering I was experiencing. In my experience, these things grew exponentially at each level, while the salary only grew linearly. So, I'm fine making merely "way more money than I need" while not crying in my car in the garage before work, which is something that actually happened many times at my old job.

Clent 4y ago

This the work life balance their culture pushed on to workers, it prevented WFH from being adopted long ago. I just have no sympathy. Their lack of work life balance is why they earn 300x the pay, correct? That's the narrative I am most familiar with as their rationale for the income gap. I am amused at the article's pin that some of the c-level work life balance changes could trickle down via policy...this thinking is broken.

civilized 4y ago

> Asked if they'd taken any steps to help staffers mellow out, 20% of C-suiters said they'd banned after-hours emailing, and 35% said they make employees take breaks during the day. Because the boss applying more corporate coercion to subordinates is clinically proven to help them relax. Every morning I meditate on the peace that only a corporate hierarchy policing my every action can bring.

trashtester 4y ago
During the stand-up that has 5 execs and 2 developers?

mikkergp 4y ago

There was some other comment about how objectively good things are right now and how good the future looks for most of the world(humans, not environment) and it makes me wonder if somehow the better things are the worse things get since wealth is still so unevenly distributed. With all the talk about work-life balance and the great resignation and worker power, I have to imagine that maybe 50 years ago if you were poor you had a better sense that there was no way out, but as your situation improves you get more hope that you become middle class and more frustrated when you don't achieve it. Which is all to say that if executives are inspired to move to four day work weeks and better work-life balance, will this trickle down to blue collar/minimum wage jobs (i.e. Musk advocating for 9-9-6)

hedora 4y ago
Economic mobility in the US is much lower than it was 50 years ago, and food riots are common elsewhere this year. Climate change projections say that we're headed to economic collapse.
airstrike 4y ago
Nothing meaningful will trickle down to blue collar / minimum wage jobs from these types of "changes" because capital gains taxes are much lower than income taxes. If you 80-20 the issue of inequality, this is what you should spend most of the time discussing. The fact that many can afford to let money sit in the bank earning virtually risk-free ~7-8% year (~3% for "true" risk free) and pay ~20% on those gains instead of the fucking 42% of our income some of us pay in places like NYC is where this is really at Increasing capital gains taxes would have obvious meaningful implications for financial markets, so the debate really should be about what's the lesser of two evils here: reducing inequality or reducing the strength of the US financial market. You decide.
- Tarsul 4y ago
  Thank you for saying this so eloquently. It's a sad state where this elephant in the room isn't talked or acknowledged really. Well, ok, it's politically "unfeasable" but still if we don't even acknowledge it, nothing real will change. The other elephant in the room that no one talks about is that housing shouldn't be that much of a problem in a country where the population is not growing (but it is because it is used as an asset although it should be for living not for wealth growth, thus having 2nd or 3rd homes should be massively discouraged through taxes).

maxfurman 4y ago

Funny to see this today - my own boss resigned last month and we've been interviewing for his replacement. I haven't decided whether or not to apply for his position; I don't want all of his responsibilities but I do want to keep the autonomy that I've gained since he left.

effingwewt 4y ago
I've been in that situation several times. What instantly becomes glaringly obvious is that the company should comp you better and leave you be, as you quite obviously do not need said boss. Yet, every single time they will waste money interviewing people, spend more on hiring and onboarding and training, and then this other person is magically in charge of not only you but your comp. Fuck what businesses have all become.
dekhn 4y ago
I've hired my own manager several times now (I'm told this is a bad practice) specifically because I wanted to remain a tech lead but needed somebody to advocate for my team and handle the people management time. It has in fact worked spectacularly.
daxfohl 4y ago
Same. (Actually I'm in the really weird position of: manager quit, M2 out with covid, M3 paternity. M4 is even on vacation this week). I half wonder if forcing every manager to take a three month vacation each year would lead to an increase in productivity.
- lostdog 4y ago
  The better the managers are in an organization, the less they need to do. Once they've stood up a good team, removed friction, and made a good plan, you run out of things to do. But the best managers also want to keep busy, so they keep trying to intervene, which is counterproductive. I wonder if we should go back to sending managers to the golf course more regularly.
RemoteIsHeaven 4y ago

howmayiannoyyou 4y ago

The past 5 recessions saw unemployment between 6.3% - 14.7% with a mean unemployment of roughly 8%. If you're among the many who think we are entering a recession, and I'm with you on that if you are, then strap in for an inversion of the job market and your boss' desire to quit.

hansword 4y ago

> What we found was that the majority [of C-suite executives] want to do something about it, but they just haven't done something about it I literally laughed out loud. This is how it is, this is always how it is. LOL

Benjammer 4y ago
There are infinite ways to "spin" inaction as cautious analysis or being conservative. It's much more difficult to spin an intentional decision that you are accountable for that went wrong. The higher up you go, the higher the cost of a bad decision becomes, while the value of a correct decision doesn't really increase that much compared to someone lower down making the same call successfully. Basically, you're expected to make the right call more often than not when you are higher up. Amazon literally has a thing in their leadership principles about how good leaders are just "right" more often than bad leaders. All of these incentives lead to many, many situations where it is not in any one executive's best interest to make a decision to move forward on something. So they all just sit on it.
daxfohl 4y ago
I have to give them benefit of the doubt. How many things are on my own plate that I haven't done anything about yet? A lot.
- RemoteIsHeaven 4y ago
  > How many things are on my own plate that I haven't done anything about yet? A lot sure but that's not how leadership works. Part of leadership is prioritization and ownership.

eftychis 4y ago

I don't buy it. Somewhere between the janitor and the head, someone has responsibility. (To make the reference.) a) Tree communication graphs are known and proven to not provide reliable message transmission against an adversary. As a boss you (should) know and live that but most prefer to hear the flattery and see the grass as green until it's too late. b) You have stressful knowledge as a boss that you decide to not share with your underlings -- usually because you don't trust them. Some companies have been known for their openness on every topic. We are talking about software engineering here not factory mindless work. If you don't share and bottle things you are doom ing yourself. c) I am sorry but if as a boss you are unable to downgrade yourself -- tells me either you don't know you can hire another boss to be the CEO/..., you are inept and can't do anything useful in the company besides "bossing," or you live in an illusion. Somewhere between the janitor and the CEO people stop working for their next meal. And few CEOs care more about employees future than their life's work. P.S. That said being a middle manager in a growing or cash cow company means making sure the status quo remains. Thinking otherwise is the illusion I think a lot of people becoming middle managers have for too long a time.

angarg12 4y ago

My org has seen significant attrition at all levels, including mid+ management. My take is much simpler: just like us IC folks, managers jump ship for better opportunities, promotions, and raises. I'm not making this up. I've heard leaders comment in private about how their compensation has dipped due to the recent stock market crash. Since the higher you go in the chain, the biggest the share of your comp is in stocks, it's very attractive to change employment during a market dip. Sure it's risky, but the payoff is big.

daxfohl 4y ago
Yeah my signing bonus is beans now. Fresh college grads are getting equivalent to what my staff offer has become. Maybe that's partially why coinbase rescinded offers, to avoid the senior engineers from comparing their relative signing bonuses and feeling angry about it.