this post was submitted on 28 Apr 2024
269 points (97.9% liked)
Technology
59674 readers
3026 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
My point is that while it seems insane to leave half a million in RSUs to leave a company, if the person thinks their job is in a precarious position, it's extremely unlikely they would ever have vested them all anyway. So the money was never really theirs to begin with.
Now, is that DevOps engineer worth that much more than the warehouse guy who picks the item to send to you? I doubt it. But it seems like that's the going rate for a competent DevOps engineer with the relevant experience. While the qualifications to be in the warehouse are not quite so stringent.
I'm not sure if it's intentionally being left out here, but if you have half a million in unvested stock, any competing offer from another FAANG company is likely giving you a stock match, or at least somewhere close to match.
The golden handcuffs aren't as tight as people make them seem.
That's no guarantee, though, it would have to be negotiated. And let's face it, most devs aren't the best at negotiating....
I would argue that devs getting 500k in stocks are at least decent at negotiating and other soft skills.
You don't get that kind of compensation for just having tech chops.
Sure you do, the Bay Area is full of below average devs with RSUs.
They're below average devs because they compensate with better than average negotiation skills.
No, if they had negotiation skills they would be below average managers.
They eventually will be.