2 ms·
> But no incentive is as good as a fat chunk of equity + the power to influence its value. Meanwhile your sales team colleagues get their incentives paid out r
by dangus 3y ago
> But no incentive is as good as a fat chunk of equity + the power to influence its value.
Meanwhile your sales team colleagues get their incentives paid out right away, in the very next quarter, and instead of equity lottery tickets it’s just cash.
I’d like to see engineering get some of the types of cash incentives that sales teams get. Perhaps the only reason they don’t is because it’s too hard to come up with metrics to base commission on. Instead, they rely on equity awards even though the value of the company is often quite detached from the quality of the software.
The fun of a startup is nice but it’s probably not worth it if you’re getting below-market compensation, crappy healthcare, long hours, and the IOU of an equity stake that’s probably crafted by financiers to screw over regular employees.
- fallingknife 3y agoIt's not too hard to come up with bonus structure for engineers. Managers have bonuses for team targets at tech companies. The mistake is that those bonuses don't trickle down to the team. That's how it works in the oil field. There are bonuses for on time or early well completion. And everybody, even the newest roughneck, gets a cut of the bonus.