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Employers bow to tech workers in hottest job market since the dot-com era

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Re: Employers bow to tech workers in hottest job market since the dot-com era

#101

Post by yosito »

ProjectArcturis wrote: post #10

My personal experience has been quite different. I got a bit burned out on my job and sent in my resume to 10 new places. All remote, some a bit of a stretch, others I was well qualified for. (Data science management and senior DS IC, respectively). I got zero hits. Not a single phone screen. Honestly I was pretty lazy about it, and didn't write cover letters or anything. That might be a contributing factor. That, or…

Consider the fact that many desirable jobs get hundreds of applicants. It's entirely possible that even if your resume is top notch it got lost in a huge pool of candidates. You need to send your resume to hundreds of companies. I have a top-tier resume, and when I job search, I aim to send my resume (and cover letter/email) to 10+ companies per day.

On the other side, last time I was hiring, I was shocked at the low quality of a lot of applications. Applications that weren't complete, didn't have a resume, cover letter and work samples of some kind got immediately sent to the trash.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#102

Post by chana_masala »

dbish wrote: post #46
grepfru_it wrote: post #42

Earlier quoted context omitted.

1. Look on glassdoor, indeed, whatever site you want to use to find out salary expectations in your role/area 2. When asked, give this number as your desired target, but a lot of times they ask about old pay. if the old pay differs greatly, avoid the topic by pointing out how 'the old job requirements are different, benefits are different, etc. But if they press on this number, tell them, don't lie or completely avoi…

Don’t use Glassdoor for tech. They are almost always incorrect since they are salary focused. Use levels.fyi which understands total compensation

Blind can be another good resource

Re: Employers bow to tech workers in hottest job market since the dot-com era

#103

Post by gentleman11 »

dbish wrote: post #4

Even if you think you’re well paid, now is the time to look around. I’ve had a lot of friends, mentees, and coworkers get huge bumps on total compensation even as relatively senior engineers and managers. Pay is jumping and companies aren’t doing a great job keeping that up for their people who have been around for a few years. As an employer, that should be the top worry, keep comp up, don’t lose your people because…

I see a ton of jobs posted for seniors right now but almost none for juniors. Are companies being shy about talent risks right now?

Re: Employers bow to tech workers in hottest job market since the dot-com era

#104

Post by walshemj »

version_five wrote: post #63

An interesting corollary is that certain types of business are no longer economically viable. If I have a business that competes with advertising companies for niche talent, my business model has to be able to generate the same outsized returns on that talent if I want to be able to afford them, so this limits the work I can do. I don't think people should work for below market wages, only observing how it can change…

Old school "media" agencies (all the big names) just don't get this this isnt the "mad men" days of the 1960's

Re: Employers bow to tech workers in hottest job market since the dot-com era

#106

Post by devoutsalsa »

the_only_law wrote: post #100

I hate that the market is so great right now because I really can’t take advantage of it. I would love to start the process, to try and get a salary increase anywhere from 30%-100% but unfortunately I’ve stagnated sharply skills wise. Don’t qualify for the jobs I see I think I’d enjoy, and don’t even qualify for the jobs that meet my salary preferences that I’d otherwise dislike. I also would have to be looking at im…

You didn’t qualify for the first job you got. The only difference now is you have more experience and less hubris. What I do is cut my teeth in a few bad interviews, polish off the rough edges, and then I do fine. It’s all about attitude and confidence.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#107

Post by chana_masala »

the_only_law wrote: post #100

I hate that the market is so great right now because I really can’t take advantage of it. I would love to start the process, to try and get a salary increase anywhere from 30%-100% but unfortunately I’ve stagnated sharply skills wise. Don’t qualify for the jobs I see I think I’d enjoy, and don’t even qualify for the jobs that meet my salary preferences that I’d otherwise dislike. I also would have to be looking at im…

15 years at Oracle? I doubt it's as bad as you think. Go for breadth and see where you're weak. Practice leetcode, system design and do mock interviews on pramp

Re: Employers bow to tech workers in hottest job market since the dot-com era

#108

Post by bradleyjg »

onlyrealcuzzo wrote: post #91
dbish wrote: post #4

Even if you think you’re well paid, now is the time to look around. I’ve had a lot of friends, mentees, and coworkers get huge bumps on total compensation even as relatively senior engineers and managers. Pay is jumping and companies aren’t doing a great job keeping that up for their people who have been around for a few years. As an employer, that should be the top worry, keep comp up, don’t lose your people because…

On the flip side - I tell recruiters immediately they have to AT LEAST match my current comp. Every single one of them so far has said they can't even get close. If you work at FAANG - your RSUs (most likely) have doubled in about a year. You could easily already be getting paid more than the max offer for the level above where you're currently at.

Even leaving aside golden handcuffs the number of companies paying top of market seems relatively small. That’s especially true once you get past entry level positions.

Re: Employers bow to tech workers in hottest job market since the dot-com era

#109

Post by walshemj »

chrisseaton wrote: post #28
chronic2703 wrote: post #14

Earlier quoted context omitted.

Amazon is absolutely a red flag on the resume. Many hiring managers (like myself) do not want to import the toxic, backstabbing, PIP culture from Amazon into our org. Also I’ve noticed the quality of Amazon engineers is lower, on average, compared to Google, ByteDance, FB, Stripe, etc. My advice is to work somewhere not-Amazon for a year or two. Then you’ll get more bites.

> the toxic, backstabbing, PIP culture from Amazon into our org I don't think it's fair to blame this culture on individual line engineers.

I think that is pretty much all big companies at this point

Re: Employers bow to tech workers in hottest job market since the dot-com era

#110

Post by tibbetts »

throwawaysleep wrote: post #19
dbish wrote: post #4

Even if you think you’re well paid, now is the time to look around. I’ve had a lot of friends, mentees, and coworkers get huge bumps on total compensation even as relatively senior engineers and managers. Pay is jumping and companies aren’t doing a great job keeping that up for their people who have been around for a few years. As an employer, that should be the top worry, keep comp up, don’t lose your people because…

For those of you who have done this, how do you maximise your compensation? Tips appreciated.

Understand who you are negotiating with. It’s not usually the hiring manager or recruiter who has final say over pay. Figure out who does if you can, and figure out what they care about and need to see or hear. Then equip your contact with the information they need to advocate for paying you what you want. Like if they need a clearer statement about your years of experience, or your other offers, or your alignment with the role.
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