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> while enamored by big tech compensation packages. The thing I think that is highly ironic is that a huge reason you are "enamored with big tech pay packages"
by hn_throwaway_99 2y ago
> while enamored by big tech compensation packages.
The thing I think that is highly ironic is that a huge reason you are "enamored with big tech pay packages" is that they're enormous, and a huge reason they're enormous is they sucked up a ton of the revenue that used to go to newspapers.
I think fair equity grants are a great idea, but as another commenter said I don't see why this should in any way be specific to the tech team. What I think is just darn right silly is to compare compensation packages at any newspaper with big tech. It's simply unrealistic to think that there is enough money at other companies to pay those extremely high salaries.
Here's a very easy exercise for you: I haven't looked it up, but I'd be definitely willing to bet per-employee average compensation at, say, Google or Facebook is higher than per-employee revenue at the NYT.
- yieldcrv 2y agoyes, that used to go to newspaper and overhead costs that don’t scale like newspaper the current structure mandates that other teams have to advocate for themselves, and we’ll find out whats worth what