A software company, with an implied value of $9 billion, caps salaries and bonuses.
Still, Palantir stands out in the tech industry. Near Mr. Karp’s office are books that employees are encouraged to read on subjects like database structures, critical histories of the C.I.A. and improvisational theater. The company caps salaries at $137,000 a year and bonuses at $15,000; it allows internal stock sales, but only up $300,000 a year. Given the current Valley gold rush, where mundane work can make people millionaires before 30, a place where engineers settle for a “mere” total of $450,000 seems extraordinary. Full NYT story at: http://www.nytimes.com/2014/06/01/business/unlocking-secrets-if-not-its-own-value.html?emc=edit_tu_20140602&nl=technology&nlid=9633259&_r=0 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
