3 ms·
Depends on the environment, in the tech world of six months ago I'd have no problem signing back on for a few tens to hundreds of thousands of dollars. The ris
by subradios 4y ago
Depends on the environment, in the tech world of six months ago I'd have no problem signing back on for a few tens to hundreds of thousands of dollars.
The risk of losing your job however, carries a greater premium today than it did six months ago.
I don't know if 100k retention grants are good enough, but they're going to be good enough for some people.
- piva00 4y agoWhat kind of grant though? There's no more public shares, it's all private, whatever grant you get from stocks is basically worthless as it would require the private owners to agree to buy them. A lump sum of US$ 100k as a retainer doesn't sound like a great deal after you've been through all these shenanigans. Some more desperate workers might take it just to get anything but those won't be the most motivated workers you'll get. The good ones will find better pastures, or just go back to extract more money out while looking for something better because they know there's no mutual trust anymore. I feel like a lot of people trying to defend Musk's actions are treating people like they were logical machines. That their psychological safety doesn't matter if they're paid enough, they'll just accept the payment and work as usual, that's not how humans work...