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there are bonuses and promotions. Or another words 'discretionary' compensation. Your formula above does not work in unless you work for a 0 discretionary co
by platform 14y ago
there are bonuses and promotions. Or another words 'discretionary' compensation. Your formula above does not work in unless you work for a 0 discretionary compensation place.
Promotion paths are also important -- a position or title that is externally recognized as 'achievement'. Is akin to a 'vetting/classification' that was done for your talents. VCs look at that as well as anybody else.
So to summarise,discretionary compensation and promosition creates competitive environment. That drives the stress, long hours,and success or failure within a corporate career path.