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by tkeAmarktinClss 2185 days ago
The bailout have totally changed my mind on why you should work for a fortune 500 company

Individuals will never have political power like a billion dollar corporation.

If you can rise up the ranks, you get some of this power.

Sure it's a moonshot, but how many self made people make billion dollar companies? You could count them.

I think I'm going to pick a major fortune 500 and leach off it. Even if I hang around there for 30 years, I get profits and tax payers will subsidize the losses.
3 comments
chasd00 2185 days ago
i've sort of came to this conclusion too. I've spent most of my career in the small biz and startup world. I'm over worrying about the fate of the entire company every hour of the day. I have a family and these days I just want a paycheck that isn't late, a 401k, and PTO. Maybe i'm officially old... or maybe just more wise ha.
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greedo 2185 days ago
My employer isn't public, but is a large insurance company. The issues with working for a large company is bureaucracy and corporate lethargy. Of course this depends on your team, the company, etc.

And while you might have job security, that can be tenuous as well. Really just depends on how savvy you are at promoting yourself and managing up.

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jschwartzi 2185 days ago
The medical insurance is typically really good too. When my fiancé quit her job due to the hazards of working retail it turned out that for only 200 more a month we could retain her insurance and shave 12000 off the cost of having a baby. They pay for IVF too if we need it which is normally a six figure procedure.

Having a baby was otherwise so expensive we weren’t sure we could afford it.

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greedo 2185 days ago
IVF shouldn't cost six figures. When we did it, it was about $12K.
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jschwartzi 2185 days ago
That's about what it cost my friends.
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greedo 2185 days ago
As I commented, we didn't pay that much.

https://www.verywellfamily.com/how-much-does-ivf-cost-196021....

The drugs are separate, but I think we paid around $5K for them.

Now if you're unlucky, you might have to go through multiple cycles, but our specialist only charged us the base cost. We had to pay for the additional drugs however.

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