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I don't think so. If founders don't care about their employee in the beginning they wont care about you later either. Your job security = value to you add to

by tn13 13y ago

I don't think so. If founders don't care about their employee in the beginning they wont care about you later either. Your job security = value to you add to the company - what you are paid. Make sure it is 0 at all times. Or have some written assurance from the employer (such as stock options) that the meager pay now will be compensated for later.

tmoertel 13y ago
I have a question about your job-security formula and your requirement that it balance out to "0 at all times." If you add value X to a company, and if (as you seem to require) the company must then pay you X in return, what profit does the company make from your employment? And, if a company cannot profit from hiring employees, why would any employees be hired?
- DominikR 13y ago
  You are right even though I feel that you are nitpicking here, since you probably understood the basic point he was trying to make. But I disagree with tn13 too - I'd try to extract X^2.
- saalweachter 13y ago
  I'd agree with the GP. Heck, target a negative value to the company. Realistically, you're going to end up with some small ROI. Let's suppose you end up with a 1.05 ROI for the company. For every dollar the company spends on you -- not just your salary and benefits, but also the cost of a desk for your butt and a manager for your ass and an HR department to cover their behinds when you start thinking too much about your coworkers' -- then they make a $1.05 back. If your company's owner has a hundred employees, he'll make five times as much as you, for doing nothing but owning it. If they employee ten thousand people, he takes home 500x your pay. Why do you think your employer deserves more? Why should he get a 2x or 10x ROI on your labor?
  - aragot 13y ago
    > Why do you think your employer deserves more? For all the years he ate pasta. But that doesn't mean you don't deserve your right pay too.
- tn13 13y ago
  Let us assume job security = Z For any positive value of Z, there will always be another employer willing to hire me where Job Security = Z1. Z1<Z. Thus in a good market the value will tend to zero. You are mistaken to think that Company's profits is a the sum of value added by each of the employees. I would say company's real profit should be the additional value generated because of synergy between the teams. For example few ordinary individuals can deliver extra ordinary results as a team.

by tn13 13y ago

tmoertel 13y ago

I have a question about your job-security formula and your requirement that it balance out to "0 at all times." If you add value X to a company, and if (as you seem to require) the company must then pay you X in return, what profit does the company make from your employment? And, if a company cannot profit from hiring employees, why would any employees be hired?

DominikR 13y ago
You are right even though I feel that you are nitpicking here, since you probably understood the basic point he was trying to make. But I disagree with tn13 too - I'd try to extract X^2.
saalweachter 13y ago
I'd agree with the GP. Heck, target a negative value to the company. Realistically, you're going to end up with some small ROI. Let's suppose you end up with a 1.05 ROI for the company. For every dollar the company spends on you -- not just your salary and benefits, but also the cost of a desk for your butt and a manager for your ass and an HR department to cover their behinds when you start thinking too much about your coworkers' -- then they make a $1.05 back. If your company's owner has a hundred employees, he'll make five times as much as you, for doing nothing but owning it. If they employee ten thousand people, he takes home 500x your pay. Why do you think your employer deserves more? Why should he get a 2x or 10x ROI on your labor?
- aragot 13y ago
  > Why do you think your employer deserves more? For all the years he ate pasta. But that doesn't mean you don't deserve your right pay too.
tn13 13y ago
Let us assume job security = Z For any positive value of Z, there will always be another employer willing to hire me where Job Security = Z1. Z1<Z. Thus in a good market the value will tend to zero. You are mistaken to think that Company's profits is a the sum of value added by each of the employees. I would say company's real profit should be the additional value generated because of synergy between the teams. For example few ordinary individuals can deliver extra ordinary results as a team.