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I agree with the spirit of your comment, but not with the particulars. Yes, employees and contractors both have to deal with job uncertainty, but not to the sam
by seti0Cha 4y ago
I agree with the spirit of your comment, but not with the particulars. Yes, employees and contractors both have to deal with job uncertainty, but not to the same degree. An employee is unlikely to be laid off with anywhere near the frequency that a contractor's gig ends and for a lot of people, the tradeoff of the extra stability is worth potentially less earnings. Similarly, while shares are often worth nothing, sometimes they aren't, and the payoff can be big. It depends on what risks you are willing to take. Maybe I've been lucky, but I've actually managed to get value from options/RSUs that exceeded what I'd likely have earned more often than not. Finally, I think it's a terrible idea to take a second job if you don't like your pay. Doing a shit job for two companies may make you some money but is no way to live. If you are being underpaid, go find a job that pays. If you can't find one that pays better, maybe you aren't being underpaid.
That said, I agree with your essential point that loyalty is not owed to your employer. It's a tool an employee can sometimes use for career purposes, but that's it. Your employment is a business arrangement and needs to be treated as such. Employers will talk as though they see it otherwise, but when times get tough, those pretenses are revealed for what they are. I really wish we could dispense with this "we're a big family with a mission" crap as it makes the whole thing more painful than it needs to be.