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“Rest and vest”: engineers who get paid and barely work

businessinsider.com

231–240 of 335 posts

Re: “Rest and vest”: engineers who get paid and barely work

#232

Why are programmers called engineers these days? An engineer has an engineering degree and does something completely different than computer programming.

It is the common use of the word engineer and not the legal one.

http://www.dictionary.com/browse/engineer

Re: “Rest and vest”: engineers who get paid and barely work

#233
post #193

Earlier quoted context omitted.

Usually companies try to make it so that levels mean roughly the same thing across all professions, so 1 and 2 or 3 mean "almost no experience". So while there might be people at level 1 and 2 in the HR department, or receptionist, or other professions where there is extremely close supervision, they don't hire anyone at that level for engineering. Often management also has a similar level system, but starts at a yet…

That's so confusing for students and new graduates. I would imagine a large number of students aren't applying for those jobs because they think the jobs require more experience than they do, shrinking the talent pool from which companies draw.

The numbers aren't advertised that way, and also Google is inverted in that you apply to Google and then after meeting a hiring bar for a level they match you with a specific role.

Re: “Rest and vest”: engineers who get paid and barely work

#234
post #153

Earlier quoted context omitted.

And for a rich company, I suppose keeping them around stops their competitors from hiring them a while.

The article explicitly mentions this.

Yeah sorry. I've just realised how I'm subconsciously getting very picky about the domains the articles are on and whether or not I read them vs just reading the HN commentary instead (which is usually better). I don't know whether that reflects badly on me or modern journalism.

Re: “Rest and vest”: engineers who get paid and barely work

#235

Or, as a recently bought out/retired colleague remarked, "My job now consists of being home all day and trying not to piss off my wife" - a much harder endeavor than any engineering project I can think of.

Sounds like love and respect are long gone from that "relationship".

This is a thing with a lot of couples when they retire. They're not used to being around each other 24/7 and drive each other crazy.

http://www.huffingtonpost.com/2013/08/09/divorce-after-50-re...

In Japan, they call it Retired Husband Syndrome, and it affects 60% of older women there.

https://en.wikipedia.org/wiki/Retired_husband_syndrome

Re: “Rest and vest”: engineers who get paid and barely work

#236

Earlier quoted context omitted.

"We were glad to find we enjoyed just being together" Currently. Feelings towards people change constantly. They can hit extreme levels on either side at any moment.

Yes, but we are 20+ years in, and excited to continue... Seems like a house - if you don't do maintenance, it gradually deteriorates until it becomes unlivable, but with continual maintenance and improvements, it can last forever...

Sometimes. And sometimes it's better to walk away from the mortgage and file for bankruptcy. Unfortunately, there's no way to predict which choice is right. I think "The Money Pit" has some solid guidance here but I haven't watched it in many years.

Re: “Rest and vest”: engineers who get paid and barely work

#237
post #59

This is probably why Apple, a hardware company, has operating margins that are higher than Google and Microsoft (even though their gross margins are almost half of Google's and Microsoft's). The only person I can think of that might have this arrangement at Apple is Scott Forstall. I think that's why he's been radio silent until very recently (or he could just be very loyal to Apple). Maybe Katie Cotton when they cha…

Every time I read one of your comments, I know it will be about your employer, how great its products are, and how great its business is; even when the article, like this one, is not about your employer.

Yes, we know that this sort of thing is rarer outside of Internet companies. Yes, we know that Jobs's Apple and Pixar notoriously initiated no-poaching agreements with other Silicon Valley employers that depressed salaries for their workers. After Facebook broke the cartel for Internet companies, compensation skyrocketed, and it's possible to be paid well at an Internet company doing nothing so long as you aren't doing something for a competitor.

Re: “Rest and vest”: engineers who get paid and barely work

#238
post #174

Earlier quoted context omitted.

I take it you're not married

Marriage must be a happy coexistence with another person in the same household, and that's exactly what I have.

Then why do you sound so worried?

Re: “Rest and vest”: engineers who get paid and barely work

#240
post #193

Earlier quoted context omitted.

That's so confusing for students and new graduates. I would imagine a large number of students aren't applying for those jobs because they think the jobs require more experience than they do, shrinking the talent pool from which companies draw.

The numbers aren't advertised that way, and also Google is inverted in that you apply to Google and then after meeting a hiring bar for a level they match you with a specific role.

Right they aren't advertised that way, but they can certainly be interpreted that way.

There's rarely any sort of explanation of the numbering system in job posts. I don't think it's unreasonable to assume that a III requires more experience than a I or II.

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