3 ms·
" too many places that skimp on salary, vacation days, insurance in favor of "cheap" perks like a twice a month in office masseuse." This. Even though it can b
by codegeek 13y ago
" too many places that skimp on salary, vacation days, insurance in favor of "cheap" perks like a twice a month in office masseuse."
This. Even though it can be aruged that it is probably harder for startups to match big co. salaries, 401K etc but they should at least be honest about it and not just throw these "perks" out there. I mean things like dry cleaning, dog walking, massages are more like "nice to haves" than "really great to have". Would I rather have a 7% 401K match ? You bet.
At the end of the day, Cash is king. Give me that and I will shut up as an employee. Don't shortchange me on things that matter like a decent salary, 401K, health benefits etc. Now being a founder/co-founder, totally different story.
- bane 13y agoI do understand sometimes that at a startup you have to think about lower salaries and such. And while I think catered food and such are cool. I would definitely trade it in for a proper raise structure and other, more meaningful benefits. I have a number of friends who work at another startup that caps pay below market rates and instead of pay raises gives them equity. Some of them started right out of college and now, 6 years later are making the exact same money. Sure they have loads of options, but if the company fails to sell it won't matter in the least. Of course in the meanwhile they've enjoyed the other typical startup perks that cost the company some fraction of what a proper salary would.