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Another point I wanted to make on this was that I also think the Google chef excuse is just that an excuse, I think they will target the big awarded first emplo
by kls 15y ago
Another point I wanted to make on this was that I also think the Google chef excuse is just that an excuse, I think they will target the big awarded first employees whose value was in getting them off the ground and which they should rightfully be paid for. Their value was then, when the company did not have to money to fairly pay their market price, and they had to use promises of future reward to get them to sign on. By all definitions the developers that got them off the ground are now being overcompensated to their market value, but that was the deal right, we can't afford you because you are a good programer and can get 250k in the market, we want to underpay you now with the promise that if we make it you get to participate in the windfall. So it does not matter if they are not contributing now, it was the contribution while they where being underpaid relative to the market that made them entitled to the windfall. It doe not matter if they where a chef or a developer if they agreed to take reduced compensation as a risk, with the promise of participating in the reward and are being deprived of that then they are in a very grey area.