Live data from Hacker News

Changing jobs during the Great Resignation

adamconrad.dev

1–10 of 447 posts

Re: Changing jobs during the Great Resignation

#2
Article links to a video by Engineering with Utsav, which is a very good channel in my opinion. This is probably one of the best algorithm solving videos I’ve ever seen, since it does not rely on knowing any solutions beforehand but actually goes through the process of evaluating different techniques:

https://youtu.be/FSycYs8RpsA

Re: Changing jobs during the Great Resignation

#3
The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

Re: Changing jobs during the Great Resignation

#4

The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

It’s better for small companies it’s since it incentivizes employees to advertise their company to other professionals. For a large company that has many applicants it’s less valuable but it could also be an indicator that applicant at least hangs out in the same networking circles.

Re: Changing jobs during the Great Resignation

#5

The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

> notafraudster

Well, there's your problem.

Re: Changing jobs during the Great Resignation

#6

The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

Seems like it’s just a by-product of these megacorps being big clanking bureaucracies that haven’t caught on to this trend yet.

Re: Changing jobs during the Great Resignation

#7

The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

The incentives are aligned. You only get paid for referring (presumably) _good_ candidates that get hired, and the company saves a huge amount of money and hassle on not having to deal with and pay an external recruiter (which can cost something like 25% of a new hires first year base salary).

Re: Changing jobs during the Great Resignation

#8
It's wild to me that his way of figuring out what companies to apply for was to make a list of the top-paying ones and just pick the top 10 highest-paying. Is that a common strategy? No thought about product, industry, impact on the world, just $$$. It looks like it worked out for them though, since I guess they got like a million dollar offer, so maybe I'm the one approaching this the wrong way?

Re: Changing jobs during the Great Resignation

#9

The proposed "blind referral" system, where people refer people they don't even know for jobs, seems like it should be a completely worthless signal on the hiring side. On the referrer side the benefit is obvious, if the person gets the job you get cash. But on the company side, what is the value of a referral that's predicated specifically on a shallow social interaction?

its basically the same as paying a recruiter, except your employee acts as the recruiter. it might even have more signal.
Post reply on HN