4,304 karma · joined November 29, 2012
[ my public key: https://keybase.io/frandroid; my proof: https://keybase.io/frandroid/sigs/bQ-l7CR7gPBhhLvfc04zPGp34aN8wjbvBceuDccJwuY ]
One problem, in the United States, is that Ronald Reagan passed a law that allowed companies to fall behind on their pension liabilities--i.e. shortchange their employees' pension plans. Add 20 years, and suddenly GM, among others, had a bankruptcy-inducing pension shortfall in 2008.
Banks being CIDC-backed just protects the first $100K of one's holdings, so far from the full retirement savings...
https://www.theguardian.com/world/2016/jul/08/bruges-pipe-dr...
Ahh, "we'll ship it when it's ready, not on some arbitrary deadline." Music to any engineer/builder's ears.
Not only did the winning entry only bring in a slight improvement, and the payout followed suit, but they never actually used the winning algorithm.
Netflix's big winner for this contest, unplanned as it was, was their own recruiters and dev teams: Netflix became a company great developers wanted to work for because it cares about "hard problems".
: I want to give this more than 5-stars
: This is pretty good, but not MORE than 5 stars
: I've enjoyed this.
: I need to keep this for completist reasons
*: Delete this.
Oh wait, that's my iTunes rating system
You've mentioned this twice in the thread now. "Inversely tied" is quite a strong and unusual claim for compensation. Care to prove it?
You just blew my mind there. Of course!
That's not even a lot of money, in the U.S. context.