To: RetiredNow who wrote (63585 ) 4/17/2003 1:40:46 PM From: Lizzie Tudor Respond to I only know what the result of bumping salaries by 10% and no options would do to the "tech lead" class, directors and such. My view is they would leave, I've made this case before here, but just to reiterate- tech lead jobs are just as hard as executive posts, certainly harder than "consulting" positions, but for a number of reasons the salaries of these folks range about 10-20% more than your average developer. Take a look at the salary of a file system technical lead in a software company and you'll see what I mean. The director of QA makes much more, since management salaries traditionally are higher than most "individual contributors", but this certainly does not mean that a director of QA is a tougher position to fill or maintain than a file system technical lead! The difference in compensation right now is purely options. So we are going to have to go back to square one and re-evaluate pay from a personnel perspective to get these companies to function without options. I'm not saying it can't be done... just that right now this is not a priority. As a shareholder I'm not sure I am better off paying every mid level leader in R&D what he is really worth. I'd rather underpay them just like the situation we have now (since options granted the last few years will expire worthless). As a worker in this situation I will convert to contract as soon as I can, I will not work my @ss off for 10K more per year than a report writer makes in IT, its just common sense imo.
