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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: kvkkc1 who wrote (53833)	6/27/2001 8:23:32 AM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Well, I do know this. If you are a top candidate, you can get a job in any economic climate. However, that's not the majority of people, so that isn't valid for our discussion. As far as what the difference is between 66th and 90th percentile, on average a company in the 90th percentile may receive 1/3 more than someone in the 66th percentile. So if I'm in the 66th percentile earning 80K per year, I may go out in the industry and find jobs paying 106K. This just an estimate based on a bell curve. But percentiles attempt to determine the weighted averages, so there are several variables that would affect the example I've given. Bottom line is that if you work for a company that is heavy into options compensation, they usually underpay you in the salary department. That means if you move from say Cisco to some other large company (not necessarily tech), you are likely to get a significant pay boost. Another way to achieve a pay boost is to move out of Silicon Valley. How about that for opening up another can of worms? :)