I assume the agreement explicitly gives the employer free will to undo the arrangement. That's how mine reads. My employer can make me switch back to in office work whenever they want to.
I second that. Also on Netflix streaming: Walking the Line about 4 American defectors into NK (with primary focus on one).
Then go to the North Korea travel series, done in 3 parts posted on YouTube by Vice.com (search Vice Guide to North Korea).
My employer, a Silicon Valley financial technology company, has had a simple PTO policy that treats a missed day as a missed day from the day it started in the 90's. You get 20 days a year. After 5 years, 25; after 9 years capped at 30, where I am.
Over the years various benefits have come, gone, come back (e.g., 401k match). But that one policy has never changed because everyone likes it. You can bank up to 240 hours but that caps so everyone is supposed to take time off. (Of course, there are always the workaholics who max out and just keep working. But most make reasonable use, especially given than half of the engineers are H1B or green card. They like to take 3-5 weeks at a time.)
Zuck cannot lose control of the company unless he chooses to. His interest is majority and fully controlling. The board is advisory at best, impotent otherwise.
The following are crucial snips from the S-1 filing:
Our CEO has control over key decision making as a result of his control of a majority of our voting stock.
As a result of voting agreements with certain stockholders, together with the shares he holds, Mark Zuckerberg, our founder, Chairman, and CEO, will be able to exercise voting rights with respect to an aggregate of xxx shares of common stock, representing a majority of the voting power of our outstanding capital stock following our initial public offering. As a result, Mr.ÂZuckerberg has the ability to control the outcome of matters submitted to our stockholders for approval, including the election of directors and any merger, consolidation, or sale of all or substantially all of our assets. In addition, Mr.ÂZuckerberg has the ability to control the management and affairs of our company as a result of his position as our CEO and his ability to control the election of our directors. Additionally, in the event that Mr. Zuckerberg controls our company at the time of his death, control may be transferred to a person or entity that he designates as his successor. As a board member and officer, Mr.ÂZuckerberg owes a fiduciary duty to our stockholders and must act in good faith in a manner he reasonably believes to be in the best interests of our stockholders. As a stockholder, even a controlling stockholder, Mr.ÂZuckerberg is entitled to vote his shares, and shares over which he has voting control as a result of voting agreements, in his own interests, which may not always be in the interests of our stockholders generally. For a description of these voting agreements, see "Description of Capital Stock-Voting Agreements."
Because Mr.ÂZuckerberg controls a majority of our outstanding voting power, we are a "controlled company" under the corporate governance rules for publicly-listed companies. Therefore, we are not required to have a majority of our board of directors be independent, nor are we required to have a compensation committee or an independent nominating function. In light of our status as a controlled company, our board of directors has determined not to have an independent nominating function and to have the full board of directors be directly responsible for nominating members of our board. Additionally, as described in the section entitled "Description of Capital Stock-Anti-Takeover Provisions-Restated Certificate of Incorporation and Bylaw Provisions," so long as the outstanding shares of our Class B common stock represent a majority of the combined voting power of our common stock, Mr.ÂZuckerberg will be able to effectively control all matters submitted to our stockholders for a vote, as well as the overall management and direction of our company.
They wrote down a turd whose asset value wasn't worth what they paid. Look at the cash flows. They continue to generate billions of cash.
tl;dr, but it wouldn't be surprising that someone would vote against a candidate because of his/her race, gender, religion, etc.
On the flipside, how many votes are FOR the candidate because of his race. Does one cancel out the other?
And in the greater picture, how many votes for one candidate are purely superficial lacking perspective or insight into his or her take on policies, issues, and other big picture items.
I feel this kind of study, whether intended or not, has the effect of being purely inflammatory.
I've been a Silicon Valley software engineer for 15 years. I see no disparity of gender that's a concern.
I work in a team of 6. We just hired a senior engineer, a woman. Of the 9 people I interviewed, I only recall 2 men in the interview. In our team, there are 2 men, me and another guy in another so called discriminated class - age. He's 53. Our entire dev team is about 50/50 and might even be tipped to the female side.
When we went to universities to screen for interns, no identifiable difference at one I went to at San Jose State.
Now, there is a disparity in American v. Indian (and some Chinese and Russian), but I don't think it's anyone's fault. Those are the people looking for the jobs.
Granted I have seen some companies that put their white male faces from a Portland company right up front, but my personal observations in Silicon Valley are quite different.
F. I liked that last alternative and Slashdot got mad at me for giving a single character answer.
So again I say
Eff (for the most part, PJ has his annoyances, but high-level, I'm on his side).
WOMAN: I didn't know we had a king. I thought we were an autonomous
DENNIS: You're fooling yourself. We're living in a dictatorship.
A self-perpetuating autocracy in which the working classes--
WOMAN: Oh there you go, bringing class into it again.
DENNIS: That's what it's all about if only people would--
ARTHUR: Please, please good people. I am in haste. Who lives
in that castle?
WOMAN: No one live there.
ARTHUR: Then who is your lord?
WOMAN: We don't have a lord.
DENNIS: I told you. We're an anarcho-syndicalist commune. We take
it in turns to act as a sort of executive officer for the week.
DENNIS: But all the decision of that officer have to be ratified
at a special biweekly meeting.
ARTHUR: Yes, I see.
DENNIS: By a simple majority in the case of purely internal affairs,--
ARTHUR: Be quiet!
DENNIS: --but by a two-thirds majority in the case of more--
ARTHUR: Be quiet! I order you to be quiet!
WOMAN: Order, eh -- who does he think he is?
ARTHUR: I am your king!
WOMAN: Well, I didn't vote for you.
ARTHUR: You don't vote for kings.
I have had a VPS with eApps for a few years. I pay $11/mo. They are a legit hosting service with customer service and tech support by phone.
I have 3 domains hosted and have had a few brief outages, but nothing major.
There are many alternatives besides the premium plans and phones (iPhone, high end Android).
T-Mobile via WalMart: Android phone for less than $200. 100 mins talk, unlimited data and text for $30/mo.
Pageplus: Bring your own CDMA phone. My kid has a Palm Pixi. If you don't abuse data or use wifi for data, it's cheap.
iPod Touch: That's the way I went. I have a cheap prepaid phone that costs less than $10/mo for my light usage of calls and texts. My iPod is in a wifi zone much of the time where I can leverage apps including free texting.
I'm on the waiting list for Republic Wireless who is trying an iteresting business model for $20/mo. The phone has to have a home zone of wifi. When wifi is available, it uses it. Otherwise data will be used. The phone is a basic Android.
It just takes a little effort and research.
I'm amazed at what people will pay for iPhone plans. Some use the value, but I know plenty who still just use it to call and text mostly paying almost $100/mo.
At 43, I live with the senior software engineer title. I've been at the same company 12 years. While I consider myself well established, nothing is guaranteed - company could be bought, sales could suffer (I've survived 4 layoffs), I might piss off a boss.
Many of us have grown up inside the company (we are a Silicon Valley tech company) so there are a number of 40-something engineers and a couple have crossed 50.
But when I'm in a worrying mood, I do think about what would happen if I had to go into the interviewing machine. There is probably some truth to the tenet that it's harder to stay in development in later years, but I know peers who have done it, and we just hired someone in his mid-40's.
If the employer can get over age and hire the best person for the job and if the 40-something can swallow and maybe be willing to take a pay cut, things can stay in balance. At least I hope so if I'm in that situation.
It's been a few years, but your comment reminds of the band Matchbox Twenty whose style of music was perfectly captured and critiqued.
An oldie but timeless.
I am a telecommuter. I negotiated 80%/20%, i.e. I come into the office 150 miles away once a week. The purpose is to schedule meetings on projects, attend a weekly team meeting, and it gives the opportunity to mingle and see my coworkers.
That arrangement really helps. In addition, I use software that routes my phone extension to my home office (so people don't have to keep my phone# on a post it), I use Yahoo IM for chats, and of course email.
The point is, if you are a telecommuter, make yourself accessible at any time that you would be if you were in the office. If things are quiet for an extended period, make an effort to touch base with your immediate team (speaking from the perspective of a software developer here). Does anyone need me to pitch in on anything? Send a link to a funny or interesting article.
Generally my work is so busy and requires so much collaboration that it creates the necessary visibility, but just be sure you aren't making it difficult to be contacted and embrace the discussions, even mundane ones unless it gets out of hand.
In software dev, also have your screen ready to share for discussion (myriad of choices). I find that helps to collaborate and be more visible to my colleagues.