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U.S. Employers Struggle to Match Workers with Open Jobs

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Re: U.S. Employers Struggle to Match Workers with Open Jobs

#302
post #261

Earlier quoted context omitted.

The second one, but if you're not thinking about salary in terms of total comp, you're doing it wrong.

Ahhh, that explains it. When the market crashes, you become plebs like the rest of us. Except you'll be living in the most expensive place in the country.

right, because RSUs go to 0 in a stock crash.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#303

Insert comment about requiring 5 years of experience in a 3 year old language HR gating really is the worst thing going in American hiring practices today. "Do you have multiple years of experience with 99.9% of the skills listed as requirements, which only a handful of people in the country have? Yes, but I see that on our web form that you had to use to submit your resume you didn't check the box next to 'Degree in…

I may be lucky, or I may be ignorant, but thus far not having a degree at all hasn't particularly impaired me.

I think it's interesting that there's nothing equivalent to a professional engineering qualification for software. Worst case, hiring people for a few months to do some software development and being able to say "They developed some software" would be a useful thing to look up rather than conducting the spanish whiteboard inquisition every time.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#304

Earlier quoted context omitted.

"call our sales representatives" means they'll tell you if you call. i'm guessing you never call, because you don't actually want to talk to anyone, which is exactly what they're trying to do: filter you out.

It can mean: "you want to know the price? Well, that depends... How much is it worth to you?" Among plenty of other things

Value-based pricing. https://en.wikipedia.org/wiki/Value-based_pricing

Best way to increase margins when the perceived "worth" is variable and it's a seller's market. Not so optimal in a market where you as a seller are in a buyers market.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#305

Earlier quoted context omitted.

Perhaps, but I have NEVER heard of somebody getting fired for "up-skilling" while still getting work done.

I have seen people squeezing in a whole new stack just because. Like instead of adding two new web APIs to the existing server suddenly you have that weird beast that's half Node and half .NET.

I think that's one of the gaping flaws to that method of skill acquisition. It's a great way to introduce politics and negative-sum-games to the workplace.

Suddenly people are picking projects and stacks based on personal aggrandizement rather than professionalism.

Maybe companies should start hiring a chief behavioral (economic?) officer to go with the chief culture officer.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#306
post #280

Earlier quoted context omitted.

You can hold it to reduce taxes right?

Not that I'm aware -- how would holding it reduce taxes? I'm not sure I understand.

Long Term Capital Gains Tax treatment when you sell (20%) after at least one year vs regular Income Tax treatment if you sell right away.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#307

Earlier quoted context omitted.

Even for people who go to college, more work experience is a huge plus. Waterloo's coop system (4 months of school, 4 months of internship, repeated) provides a great mix of practical experience and academics. It would be great if all majors could have an experience like that.

I graduated from college 30 years ago and every engineering major at every state university I ever heard of had a coop program.

Not all CS grads come from engineering colleges or departments. A lot liberal arts colleges have CS programs and a lot of CS programs are part of the math/"arts and sciences" department. In that case, the college may not require co-op.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#308
post #227

Earlier quoted context omitted.

I feel like there's two tiers of the software industry: those employable at AmaFaceGoogFlix or a competitor, and everyone else; but the "everyone else" is completely unaware that the first tier exists. It's like if minor league baseball had no idea about major league baseball. You even see it on HN. Someone will come along and talk about how a senior dev at Google can expect $250k a year. You'll get two categories of…

I still don't believe the $250k figure :) I make exactly half of that here in Florida (a fairly low cost area) as a senior dev and my salary has definitely plateaued (and I haven't had a raise in a few years). I know I make more than most of my peers and local recruiters scoff when I tell them my current pay (I had to talk my current employer up about $30k just to match my salary at my previous employer to get me to…

"here in Florida (a fairly low cost area)"

Let's say you work in downtown Tampa and live 30-40 minutes away. You can get a 4 bedroom 2500 sq ft house for $350K. That's about 3 years salary for you.

Now let's say you get a job at Facebook and want to find a similar house, about 30-40 minutes away. I think it will cost you upwards of $2M. You need to be making $670K or more to make housing the same fraction of your living expenses.

Your quality of living and long term economic prospects are probably significantly better where you are.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#309

Recently had a recruiter call me, interview me over the phone once, in-person once, and via skype once. The job seemed to be a great fit, the pay was there, everything seemed to be lined up. The recruiter called me again to tell me that they were going to be taking the next steps with me very shortly. A week of silence goes by, then another. I email, inquiring about the position. "Oh, we gave that to someone we had b…

If OPEC embargoes the US, you would still be able to buy a gallon of gas for $10 or whatever but that doesn't mean there wouldn't be a shortage.

Re: U.S. Employers Struggle to Match Workers with Open Jobs

#310
post #255

Earlier quoted context omitted.

I'd say no. We can't compartmentalize things like this. I fully support bringing in foreign talent but the logic is flawed. I want lower wages across the economy but the conversation must start in the board room. Nobody, other than the investor, should be making more than a certain multiplier of the minimum wage. The CEO who got fired from HP and went on to be the CEO at Oracle? Is there a shortage of CEOs? I'm sure…

I'm okay with CEOs making more money, but what I can't stand is the golden parachutes and lack of responsibility.

Apparently they do that because otherwise CEOs would never take risks, for good reason.

You can't be CEO of several companies, so a CEO is fully invested in the success of that one company. From the point of view of a CEO, it makes sense for the company to not take risks.

On the other hand, investors can invest in diverse companies and expect some of them to fail and some of them to win big. From the point of view of an investor, it makes sense for the company to take risks.

Therefore investors pay CEOs a lot and give them golden parachutes to prevent CEOs and investors from having opposite incentives.

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