There is a reason I have always argued for a larger base salary and less of the other parts. I don’t care about the bonus, I don’t care about equity, I don’t care about stock options. I’ve been screwed on each and every one of those in one way or another but never the base.
Does that mean I’ve ever hit it as lucky or as big as my peers? Sadly no, but I’ve also had a hell of a lot less stress and have still managed to carve out a very comfortable life.
Yeah, when I was getting hiried on at company they were raving about tgeir bonuses they give out and they were on track on making a good one that year. Fast forward 5 months I was laid off no bonus for me.
Before that I worked for a company for 9 years gave stocks that only had value when an event happens. Well I lost my stock because they laid me off right before the event (they got sold to T-Mobile)
Yeah, I had equity with a nearly exponential vesting function where I got a whopping $2,000 after being laid off after two years.
I started at another company where “bonuses have historically been 100%” only to hit the first time they were 80%, then 25% and never recovered.
I was at a third company that loaded me up with stock options, only to have a purchase price that was $20 over the current market value and it never came close again.
There is a reason I have always argued for a larger base salary and less of the other parts. I don’t care about the bonus, I don’t care about equity, I don’t care about stock options. I’ve been screwed on each and every one of those in one way or another but never the base.
Does that mean I’ve ever hit it as lucky or as big as my peers? Sadly no, but I’ve also had a hell of a lot less stress and have still managed to carve out a very comfortable life.
Yeah, when I was getting hiried on at company they were raving about tgeir bonuses they give out and they were on track on making a good one that year. Fast forward 5 months I was laid off no bonus for me.
Before that I worked for a company for 9 years gave stocks that only had value when an event happens. Well I lost my stock because they laid me off right before the event (they got sold to T-Mobile)
Yeah, I had equity with a nearly exponential vesting function where I got a whopping $2,000 after being laid off after two years.
I started at another company where “bonuses have historically been 100%” only to hit the first time they were 80%, then 25% and never recovered.
I was at a third company that loaded me up with stock options, only to have a purchase price that was $20 over the current market value and it never came close again.
Fuck all that.