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Technology Stocks : Cadence Design Systems

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To: Carl R. who wrote (420)6/4/1999 10:35:00 AM
From: Cautious_Optimist  Read Replies (1) of 668
 
As long as the knowledge worker marketplace doesn't attract the best employees away with their own option packages, I agree. The problem is competitive forces and the demand for people during times of very short supply which make for a lot of wierdness in compensation packages. Options have become the big lure, amplified in the world of explosive .coms where the headhunters call constantly to seduce good workers.

Major league baseball has strategic problems too around compensation. If you were an owner you'd be tempted to slash the payroll after a losing season. A lot of players are overpaid, some draw huge salaries and don't play, and still others pout until they get a raise on their signed contract because some other player got more. Pretty stupid to play the players' salary game if you're an owner. On the other hand, did the Yankees win by cutting back after losing seasons? Good players are in very short supply.

"Perks" in college hoops? you could argue it's the same economic forces. Supply and demand. Really sucks in application; even leads to some ethical and moral questions. But welcome to the world -- can we/should we change these forces?
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