I’d be surprised to find someone who doesn’t adjust compensation requirements based on the full context of the opportunity.
If a person starts a company and foregoes the full salary they could otherwise earn, they are making this kind of choice.
If a person is looking at two otherwise equal offers for similar work at Pornhub or Google, it is hard to imagine taking the pornhub offer without a significant risk premium. You couldn’t get me to work at such company for any amount of compensation.
Just about everyone I’ve met will discount the products and services for things they believe are a good cause. I once worked at a nonprofit focused on low income kids, and experienced professionals (lawyers, engineers, accountants, others) would contribute significant time at steeply discounted rates or for free.
The value of a compensation package is unique to the individual. There is no way to compare two people in the full context of their individual desire for straight salary, risk in the form of stock or options, scope of influence, prestige of the firm, rarity of type of work, work hours, flexibility of hours, retirement and health benefits, culture, geography, and on and on and on.
If a person starts a company and foregoes the full salary they could otherwise earn, they are making this kind of choice.
If a person is looking at two otherwise equal offers for similar work at Pornhub or Google, it is hard to imagine taking the pornhub offer without a significant risk premium. You couldn’t get me to work at such company for any amount of compensation.
Just about everyone I’ve met will discount the products and services for things they believe are a good cause. I once worked at a nonprofit focused on low income kids, and experienced professionals (lawyers, engineers, accountants, others) would contribute significant time at steeply discounted rates or for free.
The value of a compensation package is unique to the individual. There is no way to compare two people in the full context of their individual desire for straight salary, risk in the form of stock or options, scope of influence, prestige of the firm, rarity of type of work, work hours, flexibility of hours, retirement and health benefits, culture, geography, and on and on and on.