本文发表在 rolia.net 枫下论坛1. All contractors(exempted employees) will have no other opportunities besides their hourly rate: no bonus, no training, no options, no promotion. And it's not always paid 40 hours/week. That's why 50/hour != 100K. 70K is more reasonable if their contracts are continuous.
2. Employee of IPOed company, such as Microsoft, CISCO, GOOGLE. There're 2 biggest parts: bonus and granted shares.
Google will give out 1000 shares in 5 year, which worths 380K. i.e. Additional 79K every years. That's why google's base salary is only 80K-90K in SV, but people are still going there.
On the other hand, Microsoft seems too stingy. It only gives 250 shares in 5 years, it worths $1100/year.
Bonus is based on performance of the company, team and individual. Unless it's a constantly issued, such as Adobe, we should not treat it as regular income.
Investment banks in NYC is a special cases. They tend to give large bonus upon base salary. So this kind of bonus should be counted as "regular income". I.E their base salary should be adjusted higher when doing comparasion.
This is a little bit similar like the "13 months pay" in china. Since it's too common, I would rather count it into regular income.
Personaly, I don't like getting paid by bonus. If it is my income, I always face the risk of losing part of it. For example, if I have to leave the company for a better career, I will probably lose a certain amount of bonus unless I leave the 2nd day after issued bonus.
Bonus as a floating salary only gives employers more handles to control employees. It has no good for employee.
3. Employee of some company can get 2 other benefits related with shares:
1) Stock option. You have the right to use the price of the day you join company to purchase shares in 5 years. Currently, for most of companies, it means nothing. It's no longer attractive. That's why companies began to grant shares directly.
2) Enjoy a discounted price of shares every quater. It did not play enough role either.
4. Employ of un-IPOed companies:
1) they can have bonus too. Again, unless it's constantly issued, we should be counted it in.
2) The biggest benefit is their stock option. If it goes IPO or purchased by an IPOed company, everyone can get a big money. However, it's more like a bet. We have much more chances to lose than to win.
5. Vacations and working hours
This will give us another dimension, i.e. $/hour to measure our income even as a permanent employee. Some companies are very pushing and have long working hours. This will reduce its actually value based on hourly rate.
6. Training or promotion:
It's an important part of career too. However, it will just add weigh to some alternatives. It's hard to quantitize it into money value.更多精彩文章及讨论，请光临枫下论坛 rolia.net
2. Employee of IPOed company, such as Microsoft, CISCO, GOOGLE. There're 2 biggest parts: bonus and granted shares.
Google will give out 1000 shares in 5 year, which worths 380K. i.e. Additional 79K every years. That's why google's base salary is only 80K-90K in SV, but people are still going there.
On the other hand, Microsoft seems too stingy. It only gives 250 shares in 5 years, it worths $1100/year.
Bonus is based on performance of the company, team and individual. Unless it's a constantly issued, such as Adobe, we should not treat it as regular income.
Investment banks in NYC is a special cases. They tend to give large bonus upon base salary. So this kind of bonus should be counted as "regular income". I.E their base salary should be adjusted higher when doing comparasion.
This is a little bit similar like the "13 months pay" in china. Since it's too common, I would rather count it into regular income.
Personaly, I don't like getting paid by bonus. If it is my income, I always face the risk of losing part of it. For example, if I have to leave the company for a better career, I will probably lose a certain amount of bonus unless I leave the 2nd day after issued bonus.
Bonus as a floating salary only gives employers more handles to control employees. It has no good for employee.
3. Employee of some company can get 2 other benefits related with shares:
1) Stock option. You have the right to use the price of the day you join company to purchase shares in 5 years. Currently, for most of companies, it means nothing. It's no longer attractive. That's why companies began to grant shares directly.
2) Enjoy a discounted price of shares every quater. It did not play enough role either.
4. Employ of un-IPOed companies:
1) they can have bonus too. Again, unless it's constantly issued, we should be counted it in.
2) The biggest benefit is their stock option. If it goes IPO or purchased by an IPOed company, everyone can get a big money. However, it's more like a bet. We have much more chances to lose than to win.
5. Vacations and working hours
This will give us another dimension, i.e. $/hour to measure our income even as a permanent employee. Some companies are very pushing and have long working hours. This will reduce its actually value based on hourly rate.
6. Training or promotion:
It's an important part of career too. However, it will just add weigh to some alternatives. It's hard to quantitize it into money value.更多精彩文章及讨论，请光临枫下论坛 rolia.net