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BREAKING NEWS: MTA to hold off on approving draconian cuts to NYC transit — but LIRR riders will take a hit


Via Garibaldi 8

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4 hours ago, bobtehpanda said:

Bonuses seem to be an East Coast thing, especially in finance world. Out West they like to pay partially in equity. And I've heard of crazy (read: very stupid) compensation schemes, including someone who basically tried to pitch a job to me on commission, but in fancier wording (you have no salary but you are guaranteed a percentage of revenue stream...)

Yes, sometimes you may get multiple bonuses, depending in how well you perform. I have had that happen. 

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On 1/10/2021 at 11:15 PM, Via Garibaldi 8 said:

Us white collar folks, we just get a bonus or whatever based on performance, etc. No OT pay. Always resented the idea that white collar folks are lazy. We're the managers, the creative folks, the innovators... 

It always depends, doesn’t it?

How many of us white collar folks take the low because another white collar person is useless AF but won’t get escorted out the door - so we’re forced to innovate around?

Then having been union in the past, how many white collar folks got in my way of moving up from the CBA to salary because I out-innovated them as I collected overtime doing the menial task?

Free riders and cronyism, man.

(As a character moment, I just left an unfunded startup today because I was gonna be one of those white collar folks instead of the innovator I normally am bc I just didn’t want the startup struggle anymore unless it was one I founded. Would that there were more like me and you in the business world, but nope - self-interest takes precedence over integrity.)

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On 1/11/2021 at 4:29 AM, bobtehpanda said:

Bonuses seem to be an East Coast thing, especially in finance world. Out West they like to pay partially in equity. And I've heard of crazy (read: very stupid) compensation schemes, including someone who basically tried to pitch a job to me on commission, but in fancier wording (you have no salary but you are guaranteed a percentage of revenue stream...)

Or the bonuses end up being equal to one or two paychecks after taxes.

But stock options out west tend to be much better than out east. 

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2 hours ago, Deucey said:

It always depends, doesn’t it?

How many of us white collar folks take the low because another white collar person is useless AF but won’t get escorted out the door - so we’re forced to innovate around?

Then having been union in the past, how many white collar folks got in my way of moving up from the CBA to salary because I out-innovated them as I collected overtime doing the menial task?

Free riders and cronyism, man.

(As a character moment, I just left an unfunded startup today because I was gonna be one of those white collar folks instead of the innovator I normally am bc I just didn’t want the startup struggle anymore unless it was one I founded. Would that there were more like me and you in the business world, but nope - self-interest takes precedence over integrity.)

I work with/manage a lot of different people, but only if I choose to, which is the good thing. If someone isn't working the way I need them to, I move on. The tough part is having to fire someone in the middle of a project. I have had that a few times, but less frequently as time has gone on. One project can cost me a client, so it's important that I am working with people that are competent, can take directions, but also not have to have their hand held along the way. That's no good either.

Edited by Via Garibaldi 8
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