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This is an interesting take, but I have a slightly different take. My ding dong company pays everyone including myself, salaries that are way too high. They gav
by mojomark 2y ago
This is an interesting take, but I have a slightly different take. My ding dong company pays everyone including myself, salaries that are way too high. They gave ne a 30% raise I didn't even ask for or expect. We get a contract to do X, which say should take a team of 5 folks. However, we can only staff the contract with 3 folks because our salaries are too high. Now, we're all working 80hr weeks and stressed to the max because we really need more fresh minds on the challenge.
Now, we're in a contract lull, so some of us are only charging part time (75%), while actually working overtime.
It's bananas.
The solution seems obvious. Decrease salaries and increase company stock offerings. Then, if you and your colleagues care to work harder and deliver outstanding product, your stock value will rise over time and you'll be a.) more wealthy than taking 'dumb' money, and b.) more physically and mentally healthy.
- nuclearnice3 2y agoSimple conclusions a) the people who have the stock now want to keep it and be more wealthy b) they don’t have much regard for your physical or mental health
- mojomark 2y agoReally weird that my comment was downvoted. No idea why. I guess HN just isn't for me after 10 years. Peace out.
- leoh 2y agoI think it’s an interesting comment. Hard to not take that kind of thing personally though.
- mojomark 2y agoI take it extremely personally, after all, I'm talking about voluntarily decreasing my own salary to achieve better work life balance in the present. However, decreasing salary != decreased total compensation. Increase equity shares + decrease salary = improved work-life balance now and much healthier retirement in the future.
- scott_w 2y agoIt happens, I wouldn’t sweat it
- tim333 2y agoPeople do stuff like skim, see 'decrease salaries' and click down without really thinking or even reading it all. It can be kinda random and not worth worrying about.
- hylaride 2y agoNah, there are people that run companies here, too. Many of them drink the cool-aide.