Originally Posted by
multipilot
To expand on Rickair's comment, as far as future employers are concerned, it seems that the Part 1 definition of PIC is usually what they are looking for. For example, some don't consider logged PIC time as a safety pilot towards meeting the PIC qualifications they are looking for.
Just a point of information. Logged PIC time a safety pilot is Part 1 PIC. Being the Part 1 PIC is a requireemnt for logging PIC safety pilot time.
That technicality aside, you are absolutely right. Employers are looking for what they think of as valuable experience. They understand what the FAA rules are designed for and what its limits are. So they design criteria to meet their needs.