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Google launches Hire, a new service for helping businesses recruit

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Re: Google launches Hire, a new service for helping businesses recruit

#341

Post by nine_k »

sleepychu wrote: post #325
nine_k wrote: post #312

Earlier quoted context omitted.

Isn't it how tax incentives work? Effectively she donated a bunch of money to a charity instead of the federal tax fund. Hopefully the charity is more efficient!

It really ought not to be though. I get that the reality is that it is but it irks me greatly that we don't simply tax more heavily and have a social system which works to solve the types of problems that charities aim to solve. Then if you wanted to do "charity work" you'd just work for the government.

I think it does not work for the same reason Soviet-style government-planned economy does not work. The incentives of private persons and of government officials are unreconcilably different.

Re: Google launches Hire, a new service for helping businesses recruit

#342

Post by ericmcer »

oh_sigh wrote: post #268
dmoy wrote: post #228

Earlier quoted context omitted.

She donated all of her share ($150m) to charity to boot.

That's nice, but let's be honest: She is a billionaire, and will continue to make hundreds of millions, if not billions of dollars during her future tenure at Google. A person of average means donating $500 may be a bigger personal sacrifice than Greene donating $150M.

I hear this line of reasoning frequently and have come to agree with it. Is it even really a donation when donating 150 million has zero impact on your quality of life? There should be some self-sacrifice for it to actually be a gesture of goodwill. I don't pat myself on the back for donating excess clothes.

Re: Google launches Hire, a new service for helping businesses recruit

#343

Post by DonaldPShimoda »

vacri wrote: post #314
DonaldPShimoda wrote: post #274

Earlier quoted context omitted.

I'm not sure I exactly follow, but anyway it's easy to find comments online from people who've worked at Apple recently who talk about how this is actually a logistical problem. Apple can't just throw data at their issues until things work like e.g. Google can, specifically because they do not collect as much data in the first place.

> as much Ah, so they're the privacy option because they only collect a lot of data, not gobs and gobs of data?

They're the privacy option because the data they collect is heavily restricted. Consider my earlier example of the navigation identification tokens — Apple has a similar "amount" of data, but it's significantly less useful in its raw form than Google's. But Apple makes the choice to collect data in that way because it helps protect users' privacy.

Re: Google launches Hire, a new service for helping businesses recruit

#344

Post by aguggs99 »

mxuribe wrote: post #109

Because I'm actively looking for another job, i instantly started thinking, "so how can i hack this to my benefit". Other than having my public profiles easy to have indexed by google, and continuing to apply for relevant jobs, I'm not seeing an angle...at least not one that benefits candidates (like myself) applying for jobs. Unless i'm missing something...?

Exactly! I feel that no one is attempting to create a application that makes it easier on the job seeker. Everything coming out now is to make the recruitment process better, not the actual job search.

Re: Google launches Hire, a new service for helping businesses recruit

#345

Post by aguggs99 »

andrewstuart wrote: post #278

I'm building something new in the hiring space which I hope to release soon. When you hear about some new entrant to the space that you are creating a new product for, there is the inevitable "gulp" as you urgently scan their features to see how similar it is to your new thing, especially when the product is from a giant company like Google. Fortunately in this case Google Hire just looks like another "me too" simila…

What is the basis of your new product?

Re: Google launches Hire, a new service for helping businesses recruit

#346

Post by abawany »

mLuby wrote: post #288
daxelrod wrote: post #283

Earlier quoted context omitted.

Ooof, I've always had the privilege of getting these up front with my offer. I don't think I'd agree to an offer without knowing what all of these were up front.

Was that just luck or did you have to negotiate for that privilege? If so I'm curious how that conversation goes…

Once I realized how toxic some companies NDAs are (1), I ask for them once I get an offer letter. Given the severity of their terms, it would be highly harmful to sign an offer letter without seeing all of the employment terms and conditions up front.

1: One small company that threw one of these at me three months into my employment nearly caused me to quit. Its NDA forbade me from working for 1 year for any employer that engaged in any metrics-related work - I will let you savor the broad toxicity of that statement. I objected strenuously and was able to get an adjustment to the terms.

Re: Google launches Hire, a new service for helping businesses recruit

#347

Post by Mindphreaker »

Androider wrote: post #30

I was just about to select a recruitment management service. Both Lever and Greenhouse has "call us" pricing, and sadly Google Hire follows the same trend. Only Workable has a clear pricing page, which gives them a big plus in my book. Since we're on G Suite, Hire could be a natural fit but the requirement to book a demo (and the accompanying upside-down shaking to see how much money falls out of our pockets) is a bi…

Have you heard about https://prescreen.io/ ? We too have a clear pricing. ;) Full disclosure, I'm one of the co-founders.

Re: Google launches Hire, a new service for helping businesses recruit

#348

Post by dragonwriter »

Denzel wrote: post #332
dragonwriter wrote: post #317

Earlier quoted context omitted.

> Which means, in any year, she can take $150MM in income taxed at say 55%, and pay $0 in taxes on it. 55% is greater than the maximum combined federal and state marginal income tax rate on normal income, and no one making that much does it as normal (mainly, labor) rather than long-term capital gains (which pays lower rates) income in the first place, because no one pays that kind of money for labor, you only make i…

Firstly, 55% is not greater than the maximum tax rate one could pay on income (especially in CA) [1]. Secondly, you understand that RSUs (restricted stock units) are taxed as normal W-2 income at the time of vesting, right! You pay capital-gains tax on any appreciation in value after said vesting -- should you choose to sell the stock. You should probably stop spreading misinformation on topics you don't have experie…

> Firstly, 55% is not greater than the maximum tax rate one could pay on income

But it is, AFAICT, greater than the maximum marginal income tax rate [0]; since the deduction affects only income taxes and not other taxes on income, it is the maximum marginal income tax rate, not the maximum marginal rate of taxation on income, that is relevant.

> Secondly, you understand that RSUs (restricted stock units) are taxed as normal W-2 income at the time of vesting

Yes, I do. That doesn't change anything I said. People that are making hundreds of millions of dollars of income in a year aren't making it from RSU vesting, or any other source of income subject to regular income taxes.

[0] just barely; the maximum marginal income tax rate in any US jurisdiction seems to be 39.6% federal + 13.3% CA state + 1.5% SF local, or 54.4%.

Re: Google launches Hire, a new service for helping businesses recruit

#349

Post by Denzel »

dragonwriter wrote: post #348
Denzel wrote: post #332

Earlier quoted context omitted.

Firstly, 55% is not greater than the maximum tax rate one could pay on income (especially in CA) [1]. Secondly, you understand that RSUs (restricted stock units) are taxed as normal W-2 income at the time of vesting, right! You pay capital-gains tax on any appreciation in value after said vesting -- should you choose to sell the stock. You should probably stop spreading misinformation on topics you don't have experie…

> Firstly, 55% is not greater than the maximum tax rate one could pay on income But it is, AFAICT, greater than the maximum marginal income tax rate [0]; since the deduction affects only income taxes and not other taxes on income, it is the maximum marginal income tax rate, not the maximum marginal rate of taxation on income, that is relevant. > Secondly, you understand that RSUs (restricted stock units) are taxed as…

Uhm, they do make significant (>$40MM) amounts of money from cash+RSU compensation. [1-5] That's literally what you can find with a cursory search; no digging. Furthermore, the tax writeoff carries through 5 years since it was a stock donation.

And sure, use 54.4% instead of 55%. Don't miss the forest for the trees though.

[1]: http://www.cnbc.com/2017/04/28/google-ceo-sundar-pichais-com...

[2]: http://money.cnn.com/2015/10/14/technology/twitter-omid-kord...

[3]: http://www.marketwatch.com/story/googles-sundar-pichai-is-li...

[4]: https://www.sec.gov/Archives/edgar/data/1288776/000130817913...

[5]: https://www.sec.gov/Archives/edgar/data/1652044/000130817916...

Re: Google launches Hire, a new service for helping businesses recruit

#350

Post by smueller1234 »

uiri wrote: post #252
AJ007 wrote: post #203

Earlier quoted context omitted.

The big companies post all of their jobs on their website, but the smaller companies definitely do not. In developing countries it is even worse. In India it is common for jobs to be posted on a website as PDFs, which are scan/images of printed pages. There is added value. Indeed, and plenty of other job sites, have done things like quick apply which bypasses the horrific process of legacy ATSs like Oracle's Taleo. P…

(re: travel aggregators) Isn't one of those companies ITA software which was bought by Google a couple of years ago? Which is the other one: Expedia or Priceline? What about CheapOair? Hipmunk?

When somebody claims there's a duopoly in online travel agents, they are generally referring to the priceline group and expedia.
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