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> I _strongly_ disagree with a fully cynical response of working only to contract, leveraging job offers for raises, etc. Totally agreed. A big downside of tak
by hintymad 2y ago
> I _strongly_ disagree with a fully cynical response of working only to contract, leveraging job offers for raises, etc.
Totally agreed. A big downside of taking contracting job is that one does not get equity. There can be exceptions but in general equity is reserved for permanent employees.
That aside, I highly recommend people view the employment as an alliance. When employee aligns with the company, work hard. When the alliance is not there, break apart and no hard feelings.
- scarface_74 2y agoBy “equity” do you mean statistically worthless equity in a private company? Most companies don’t give equity. But even if you are talking about equity in the form of RSUs in public companies. It’s just comp. I’ll take guaranteed cash comp any day. When I was getting RSUs, I had it set to immediately sell as soon as I was vested and diversified. Employment is not an “alliance” it is a transaction, they pay me money, I give them labor
- hintymad 2y agoI'd go with transactions too. Either way, a company is not a family. No hard feelings if I leave my company or my company lets me go.
- toast0 2y agoContractors can get equity, it depends on the contract. But ISOs are available to contractors, and RSUs are too.