Comment by KaiserPro
4 hours ago
> IMO the ability for individual employees to negotiate for themselves is a positive?
I keep hearing this, but FAANGs don't allow individual negotiations. You are banded, like you would be at a union.
Also you're assuming that unions would be able to, or want to block the firing of bad performers. Since the bad performers would also hurt the bottom line, and therefore your pay.
Unionisation might hurt the startup as it would stop certain levels of exploitation (ie not being able to ask people to work for free in exchange for shares that will be worth nothing.)
Even Non-FAANGs have banded, bounded comp. I remember discussing a compensation increase at a smallish, medium sized company, and was given the usual "The book says the comp for your role is between $X and $Y, and you're at $Y." They even showed me The Book! Like, ok so you're just willing to lose me over this stupid book then? (Narrator: There were willing to) I dipped over to FAANG for a pretty nice increase. I guess FAANG uses a different book...
It's just a larger book, yes. No matter how much value you deliver the most important value is that you are Smaller than the Big Guy, and at google he makes a lot more money.