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It's really easy to avoid your employees being "poached": treat them well, and pay them better.
by OkayPhysicist 1y ago
It's really easy to avoid your employees being "poached": treat them well, and pay them better.
- gibolt 1y agoI generally agree, but the company likely doesn't have those funds. Considering the largest player (Apple) stands to make way more from it than you and just works around your patent. Not arguing Apple shouldn't poach, just that your suggestion doesn't work.
- OkayPhysicist 1y agoThe company made a billion dollars in profit last year. I doubt Apple was willing to pay anywhere near that amount to hire an employee.
- lotsofpulp 1y agoThey did not earn $1B in profit in the last year. Or 5. https://companiesmarketcap.com/masimo/earnings/ https://companiesmarketcap.com/masimo/earnings/ https://www.macrotrends.net/stocks/charts/MASI/masimo/net-income https://www.macrotrends.net/stocks/charts/MASI/masimo/net-in...
- runako 1y agoCheck the ratio of SG&A to R&D spend at MASI. They have money, they just choose not to spend it on engineering.
- boringg 1y agoWow you must work for a company with incredibly deep pockets. No way can massimo compete on salary with apple. Only people in the game who can do that are google facebook apple chatgpt etc.
- scarface_74 1y agoAnd as a hypothetical sought after employee, how is that my problem? If another company wants to roll a shit ton of money up to my doorstep, why shouldn’t I take it? Should I be treating my employer “like family” and care about “the mission”?
- hu3 1y agoIt's about the company anti-competitive behaviour. No one said anything about the employees.
- JustExAWS 1y agoThe company is being “anticompetitive” by offering someone more money? Should we now make that illegal too?
- Dayshine 1y agoWell, we've made other situations where companies offer people money illegal. Such as bribery, or paying someone to steal trade secrets.
- JustExAWS 1y agoAnd neither is alleged. It was a patent that we are discussing which by definition isn’t a trade secret. But you are coming awfully close to advocating for non competes which is explicitly not allowed in CA.
- lurk2 1y agoAcquisitions can be considered anticompetitive. The only thing that appears to differentiate this situation from an acquisition is that the investors didn’t get paid.
- JustExAWS 1y ago
- hu3 1y agothat doesn't work when Apple can pay them multiples "more well". the sensible thing would be to license the tech
- szundi 1y ago[dead]
- soperj 1y agoOr just collude with your rival companies ala Steve Jobs.
- 7thpower 1y ago- is what Tim Cook told himself to vanquish the last bit of uneasiness. Then he took of his glasses, set them on the night stand, and slept better than he had in years.
- geodel 1y agoAbsolutely. Similarly, I tell parents who keep whining about soaring education costs and employability: Educate them well, and get them high paying jobs.
- DesiLurker 1y agoright, just learn to outrun the chubby guys when the bear chases.
- DesiLurker 1y agoyes, and ribcage should be mesh-gridded if it did not want to be knifed, Right?