Silicon Investor (SI) -- The First Internet Community

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (79976)	4/22/2000 10:20:00 AM
From: Les H	Read Replies (2) \| Respond to of 132070

Dot.com workers have been feeling the pain. According to Matt Ward of WestWard Pay Strategies in San Francisco, more than 25% of employee stock options are now in the red. New accounting rules mean that repricing them down will count against profits. It is possible that this will make employees even more willing to do their own repricing, by taking a job elsewhere. Potential new recruits will be sceptical about promises from start-ups about possible options gains after a swift IPO. The bleeding of executives from traditional firms will slow down and may even reverse. A few months ago, the biggest risk seemed to be the opportunity cost of staying put. No longer. economist.com Also, economist.com

To: Les H who wrote (79976)	4/22/2000 12:52:00 PM
From: Skeeter Bug	Respond to of 132070

les, just read an article where a wide variety of employers in the bay area are receiving unprecedented raises. 1. starting lawyers are being paid 50% more than last year. 2. executive secretaries are getting paid 1/3 more than last year. 3. programmers are getting 20-30% more switching companies. 4. nanny pay is up 30%. companies have so much wise investor money that they feel flush (and people w/ options) and "do what they need to do." there is a HUGE economic dislocation and the bay area is THE prime example.