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I think I know why you can't hire engineers right now

cushychicken.github.io

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Re: I think I know why you can't hire engineers right now

#321

Earlier quoted context omitted.

It's an under-discussed topic that this apparent utopia isn't available to everyone. Race, gender presentation, academic background, country of residence or origin, Twitter blue-check, etc. all seem to be correlated (no numbers; purely anecdotal) to those who enjoy (or don't) this utopia. Being masterfully technical, social, or political have a lot to do with it too, it seems.

I apparently check the right boxes. I just suck at life.

You’re being too hard on yourself.

You suck at interviewing, you suck at applying to high-paying jobs, or you don’t live near high-paying jobs.

Re: I think I know why you can't hire engineers right now

#324

Earlier quoted context omitted.

I can't say for certain, but it seems there are lots of squeaky wheels about it and lots of chatter on the internet about them, but AMZN/FB/whoever else aren't actually facing any serious repercussions in terms of being able to hire. (I hope I'm wrong, because I do feel there needs to be a moral reckoning about how we technologists—whatever the specific discipline—are contributing to the world, and whether it's truly…

> I can't say for certain, but it seems there are lots of squeaky wheels about it and lots of chatter on the internet about them, but AMZN/FB/whomever else aren't actually facing any serious repercussions in terms of being able to hire Trust me - among people who can get those jobs - they are getting less views. Of the people I know in SV - and I know a few - all have very unfavorable views of Amazon and working ther…

This might be accurate but it’s…bleak? I genuinely hope you do get what you’re looking for.

Re: I think I know why you can't hire engineers right now

#325
Over many different jobs I discover this:

If you earn a lot you somewhat have to deliver but more importantly you [should] want to deliver. Sure, there exist jobs where one is paid a great salary without having to do much beyond sitting around not doing much of anything. I consider those prisons. If you have such opportunity and take it you will become good at not doing anything.

The contrast is with jobs for which you are overqualified, can use and expand your skills and earn very little. There is no obligation to deliver here, its fun if you can but not at all required. There is no pressure, you can walk away whenever you like and find or forge 10 such jobs the same day. In this setting you can give the employer a sense that you are there because you actually want to be there. Its quite surreal. Almost anything you ask for in exchange for a pay cut you will get.

Now the real joke is that I work really hard for the small pay check but I work 3 days, perhaps 4 per week. I go home if there is not enough to do but work 7 days if the situation requires it. The 4 day weekend is a blast! It feels like the whole year is one giant vacation but that is not the big joke of it. In order to grow either physically or mentally you have to push yourself to your limit. If you push yourself like that for more than 3 days per week you won't grow, you will destroy your body, your mind or both.

I run circles around coworkers who work 5 days. Their performance usually declines while mine gradually improves. Their head is full of work stuff while mine is mostly empty ready to take in whatever comes next (which could be the next job)

If the situation requires me to work 15 hours for 30 days I'm up for it. Ill work a 2 day week after that for each 8 hours. Call me if you need me, ill probably show up. Even if they hate me or are the psycho dictator type they are quick to remember how much money I make for the company, how I got their things done before the deadline, the credit they took for my accomplishments.

I also learn that it doesn't matter how much you make, you can always find ways to run out of money before the end of the month.

Sure, if you have a bigger salary and work full time you can buy the fancy new car but why? To drive to work? Its just sitting there outside on the parking lot. You are not doing anything with it. It's for work. You've worked to earn it and use it for work. You can buy the big house but you are never there. You can eat in fancy restaurants but the satisfaction is mostly because you don't have time to cook elaborate meals. If you engineer your meal to the best of your ability restaurants are pretty disappointing. I'm slacking off but if you grow some of your own food the satisfaction is 10 fold.

Re: I think I know why you can't hire engineers right now

#326
post #74
post #8

There comes a point where the money just isn't a motivating factor anymore, and companies are struggling to figure out how to work in that environment. This bit from the author hits the nail on the head: >Is an extra $10k per year worth learning a new org, a new skillset, a new set of expectations, a new set of coworkers, and a new boss? For many engineers, the answer is: “No.” Yes I could quit and get a ~20k raise b…

> There comes a point where the money just isn't a motivating factor anymore That's cuz your numbers are too small. Offer a 50% raise instead of a 20k raise and you will see different results. > Yes I could quit and get a ~20k raise by shopping my resume around, but I don't need the money Plenty of stories on Blind of people shopping around and going from 150k TC to 350k TC, so I guess it really depends on your situa…

Maybe so. But if you're not getting wildly underpaid those opportunities are few and far between.

Re: I think I know why you can't hire engineers right now

#327
post #171

Earlier quoted context omitted.

The absolute value of your salary doesn't tell you anything about how long it takes to get to retirement (or more accurately, financial independence). That's exclusively a function of your spending and saving rates. https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...

> You can earn 5% investment returns after inflation during your saving years This is very unlikely long term. Right now treasuries are 5% less then inflation. Lots of FIRE people are going to get shafted.

Not sure I agree. Trinity study suggests that if you retire 30 years before death, you can safely withdraw 4% every year during retirement, regardless of economic fluctuations. If you retire super early and need 50 or 60 years, your safe withdrawal rate is probably closer to 3% or even 2%, though.

Your point may be that we should expect significant economic turmoil in the near- and medium-term, much more than "fluctuations", which may be true, or may not be. Impossible to predict the future.

Consider that the 2021 inflation rate is likely a symptom of COVID. Monthly inflation rates for the last few months of 2021 were trending downward. Hopefully we can expect inflation to get back to something approaching normal by the end of 2022. Even if it takes a couple more years, there's no reason to expect that 7% inflation is the norm going forward.

(Also consider that people who are doing FIRE certainly don't have much in treasuries. It's going to be mostly in stocks. That certainly carries other risks, of course.)

Re: I think I know why you can't hire engineers right now

#328

Earlier quoted context omitted.

You clearly didn't even skim the link I posted.

Yes I did. Your comment indicates that you don't understand ceiling. The article is overly simplistic in regards to things like cost of living, inflation, and returns on the savings. Do you really think you can save 90% of your income and retire after 3 years? This is terrible financial advice and completely ignores functions and changes in spending due to life events. Not to mention, I don't believe that function is…

If your income is $100k and you save $90k, spending $10k, after 3 years, you will have saved $270k. With growth, you might have $300k. To support your ongoing $10k annual expenses, you'd only be spending 3% of your portfolio. The math checks out. Of course with taxes, a savings rate of 90% is more than likely to be possible.

Re: I think I know why you can't hire engineers right now

#329

Earlier quoted context omitted.

I can't say for certain, but it seems there are lots of squeaky wheels about it and lots of chatter on the internet about them, but AMZN/FB/whoever else aren't actually facing any serious repercussions in terms of being able to hire. (I hope I'm wrong, because I do feel there needs to be a moral reckoning about how we technologists—whatever the specific discipline—are contributing to the world, and whether it's truly…

> I can't say for certain, but it seems there are lots of squeaky wheels about it and lots of chatter on the internet about them, but AMZN/FB/whomever else aren't actually facing any serious repercussions in terms of being able to hire Trust me - among people who can get those jobs - they are getting less views. Of the people I know in SV - and I know a few - all have very unfavorable views of Amazon and working ther…

Curious where youre at? Hope it works out for you, and it sounds like you already know this, but it all comes down to leetcode. So dont kill yourself learning "programming", companies only want leetcode medium perfection. Slack at the job, do not slack on the algos

Re: I think I know why you can't hire engineers right now

#330

I’ve gotten 7 recruitment emails since Sunday and none of them have come close to sufficiently explaining what the company or job is for me to even consider responding. It’s bizarre how secretive they are. I imagine the recruiters are looking out for their own interests. Recruiters are in the way.

It’s because if you apply directly, they don’t get paid for their work. So they hide the details until you talk to them. I’m a software engineer that started a recruiting company. The current state of the industry is pretty bad. We are trying a different approach- we are transparent. We share all the details about the company right out of the gate. Including salary info. We refuse to work with companies that won’t le…

If they don't provide enough information, no one would reply I suppose and they will not get paid at all.
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