OT Hi Scumbria, you cannot even begin to find any company that can even compete with Intel's comp plan
(except for our startup, of course, but that's just because - generally speaking - large companies just can't issue as much stock as startups).
Sure, everyone knows the folks up north have a better stock plan, but Intel has an excellent bonus plan. Of course, if you look at a narrow picture, at just the base pay, you will probably find something better at Sun...I have a friend that took a job at Sun (many years ago) because the base pay was better (and Sun has this reputation for having excellent base pay). However, he regrets that decision because he could have done better through Intel's stock plan. Like you, he saw only the immediate cash, not the 401k plan, not the stock plan (as explained by semi, i.e. with each split it gets better).
And don't get me going on retirement plans, because Intel's is probably the best in the industry. If you stay 10 years at Intel, you'll probably have 2X's more 401k money than other folks at the other large companies, because of Intel's excellent matching program. That's a lot of cash.
So, where is your cash (60% of the 160%) going? To pay Taxes? Health care? Retirement plan? Bonus? Stock? Vacation days? Sick days? Add those up.
And then please refrain from knocking the folks down here when their stock is at a year low. Maybe the Mod Thread (sorry Mani) is a better place for that particular post of yours.
Regards,
Amy J |
