Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hueyone who wrote (60279)	7/12/2002 6:20:17 PM
From: Lizzie Tudor	Read Replies (2) of 77399

If all those engineers actually believed they were making a great sacrifice to work for the publicly held companies versus running their own private engineering consulting firms, why aren't they all leaving to start engineering consulting firms? They are, thats my point. I didn't say engineering consulting firms, btw, I was talking about those that choose to 1099 themselves, as individuals for an hourly rate. Its easy to see what the going consulting rates are for engineers- there is a website for consulting, www.dice.com. I'm just trying to point out here (again) that options are not "given for free" as some here suggest. They are in lieu of pay.... and make up for the fact that (for example) the file system technical lead for O/S at corporation X only makes 40K/year more than an application programmer in IT at the same company. The difference in pay is the option package he receives. I don't know about you but if I can make 90K writing reports for IT finance in cobol vs. taking the heat as a file system technical lead for 130K I'll take the former job, there's just not enough differential in compensation. L

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next