Earlier quoted context omitted.
The FTE slot has become a really bad deal. I have worked alongside people who were making less than half what I was. The company treated us slightly different in that employees time was sucked down with meetings, performance reviews, mandatory certification and team building. Lump on some more hours and demands and you have a complete shit show. Companies also have to do a song and dance about how great it is to be a…
I've never heard of contractors getting paid in stock, which is arguably one of the best parts of being in tech, you can ride the price up, and if the price crashes, you can switch jobs. I believe you that the contractor rate can pay substantially more than salaries but does it make up for the 100k, 200k, or more in stock each year a FTE might get at a really good tech company?
Re: Ask HN: Is the Job Market That Bad?
#81Getting paid in stock might be a benefit at big tech, but in the startup world the median value of granted stock has to be zero or close to it. Most startups fail before going public or being acquired.