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HFguy | 1 year ago

I worked for a "start-up" in 1994. I was employee number 600. And it had just gone public. The firm eventually had something in the range of 30,000 employees.

Anyway, at that point in 1994, the first 30-50 employees all made $$$. That included the secretaries and receptionists. They were all millionaires.

Something has changed and that is the terms that VCs and Executives have negotiated for themselves. I have not heard of any secretaries getting $$$ in a long time. There is a lot less sharing in the spoils than there used to be.

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throwaway82531|1 year ago

I feel that leaders in the past felt they had a moral obligation to take care of their employees. There were always exceptions of course among the wealthiest extortionists, but it seems like it has gotten worse.

A quick litmus test is to see whether they workers are called employees or resources