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by musicale
1734 days ago
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> Was pay bad and didn’t Apple want to increase compensation A frustrating feature of large silicon valley companies is that if you leave the company and come back later you will typically have better compensation than if you had stayed. I could also imagine that the M1 team felt they weren't adequately rewarded after hitting a huge home run. Moreover, it's probably the best time to switch jobs, because their market value is highest and at Apple they would just be expected to repeat the same success every year. Not to mention the benefit of gaining equity in a new "startup" which is almost immediately acquired at high valuation. |
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Unfortunately, that's true of almost all large companies. It's one of the dumbest polices out there, but virtually every big corporation does it.