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Or perhaps the bar will be forced to raise at other companies as these senior employees change the culture from within. You can't close Pandora's box and expe
by hezralig 4y ago
Or perhaps the bar will be forced to raise at other companies as these senior employees change the culture from within.
You can't close Pandora's box and expect the world to remain unchanged.
- monero-xmr 4y agoNo, middle managers earning $500k total comp for 30 hours of work and flirting with unionizing are never coming back. It’s over
- ajmurmann 4y agoWhy are you so certain of that? They never earned that much because they were unique talented, but because demand was so high and you couldn't find anyone cheaper filling the requirements. Why are you sure demand won't return?
- paulpauper 4y agopeople said the same in 2016, 2020, 2012, etc. Bigger tech companies and winner-take-all markets means bigger salaries and more perks to attract top talent when the stakes are so high. The next big arms race is AI. You can be sure tech companies are offering huge salaries for top talent there too.
- thematt 4y agoPerhaps, but the difference between now and then was all those years had near-zero interest rates. It's a lot easier for tech (and growth companies in general) to stage a comeback in that macro environment. Especially when it comes to issuing all the RSUs to fund those compensation packages.
- pfannkuchen 4y agoHas it even stopped? From where I am sitting it doesn’t look like it has stopped, just that a small subset of people who were doing it previously are no longer doing it now.
- civilized 4y agoThey weren't uniquely talented.