Quote:
Originally Posted by WaterDR
As far as stock options are concerned, you should be wary to work for a company that gives options to everyone. Options are cheap to give away....but it floods the market with stock and devalues it. Solid companies limit this option to a select group....usually those in potion to increase the value of the shares. When these people benefit, so do all the other share holders which are often low-paid positions too with stock in their 401ks. Good companies by and large, do not give options to the workforce. If they do, they are probably limiting the options they give to managers to prevent having too many. This si good or bad depending on you vantage point.
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Lol....
Im a technician at Time Warner Telecom, the company has done nothing short of kick ass and take names. Even after 9/11 and all our competitors went belly up we not only outlasted them but thrived. Allegance, ICG, Level3, they all still have issues. We actually just bought another company and we have a solid nationwide network. Most of my co workers have been here about as long as i have, which is 7 years. Good luck finding that at ICG, level 3, or any of the others. There is not another telecom company out there i would feel better about working for. Our CEO Larissa actually has loyalty to her employees which is a hard thing to find nowadays, several times qwest has offered to buy our network, and each time the people in charge basically told them to shove thier golden parachutes up thier asses.
I am sure you diddnt mean it that way, but them offering me stock options isnt exactly them offering "anyone" stock options.
I'm not just blowing smoke up when i talk about the stuff i work on, The stuff i do you cant just go to a school and learn within a few years. If i were to leave, even if they got another seasoned sharp tech with 8 years of experience udner his beld to fill in my role, it would be 3-4 years untill they would be able to handle the stuff i work on as well as i do. I work with other techs in other companies, and there are a lot of times where i have spoken to a tech with 20+ years at at&t and he finds out i can work on all this stuff and he thinks i am lying to him cause it cant be done. lol.
I dont know if they offer options to everyone, but they definatly know the value of taking care of thier technicians.
I dont know about the rest of the workfroce, but when you start talking about any kind of communication technology, the companys normally do offer thier techs stock options.