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> much of the money is tied up in performance targets and unlocked during years of loyalty, meaning it might not all be received if employees leave early or if
by nashashmi 1y ago
> much of the money is tied up in performance targets and unlocked during years of loyalty, meaning it might not all be received if employees leave early or if the stock doesn’t perform well.
Meaning they are getting a get-rich-or-go-home incentive. Meta is giving them startup fever. And some took the opportunity. This makes a lot of sense for young ambitious engineers. It does not make much sense if you want to work on some niche project not made for the general audience.
- nomel 1y ago> It does not make much sense if you want to work on some niche project not made for the general audience. I think that depends on your perspective. "General audience" products are always a conglomeration of "niche projects not made for the general audience". There's still fun to be had.
- dilyevsky 1y agoWaymo had similar pay structure with similarly huge payouts in the early days while still a part of google. People figured out how go game the performance metrics got their bag and then promptly retired