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Tell HN: Job interview canceled due to looming recession

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Re: Tell HN: Job interview canceled due to looming recession

#421

Post by TrackerFF »

lordofgibbons wrote: post #103
wly_cdgr wrote: post #97

Go get your MS/PhD. By the time you finish, the market will be stronger, and so will your resume The Georgia Tech online MS is good and about $7k total. You can pay for it working at Starbucks

I have never once in my career seen someone with an MS get hired over someone with a BS because they had a MS. If you're doing it purely for return-on-investment, it's a massive waste of time and money.

What can be said - is that recessions and hiring stops send people back to schools, and you suddenly have a lot of people with Masters degrees applying for the same jobs.

Tech could very well be immune against credential inflation like that (because of the growth) - but others are not. There are industries where you don't even get interviews unless you hold a graduate degree - precisely because there are too many applicants with graduate degrees. Maybe more relevant to the niche positions within tech (data science, for example)

Re: Tell HN: Job interview canceled due to looming recession

#422

Post by ornornor »

zmxz wrote: post #411
ornornor wrote: post #392

Earlier quoted context omitted.

> - Employees are not willing to put a little extra (and we’re at the 35hrs week here), > - Not willing to study afterwork to improve their career, Some of your points make sense but these two…

What's wrong with those two? I'm genuinely interested, software engineers are overpaid as is with benefits that nearly every other industry can only dream about and you're upset about not being able to put extra 5 hours of time a week to improve your skills related to something that's your career? And we wonder why quality of everything is awful and why people are unreliable and entitled.

> software engineers are overpaid as is with benefits that nearly every other industry can only dream about

Then why do companies keep on paying these salaries? Besides, that doesn’t really apply outside of unicorns and SV. I’ve been doing this for a while and have never had catered lunches or dry cleaning etc provided by my employers.

Also, what are you comparing to? Professional athletes or traders are overpaid compared to SE. if you compare to burger flippers then it doesn’t make sense either.

Accountants are paid quite well for instance. Their employers pay for their time and expenses when they go to a seminar and keep their skills up to date. Why should it be any different for SE?

Re: Tell HN: Job interview canceled due to looming recession

#423

Post by dunefox »

zmxz wrote: post #411
ornornor wrote: post #392

Earlier quoted context omitted.

> - Employees are not willing to put a little extra (and we’re at the 35hrs week here), > - Not willing to study afterwork to improve their career, Some of your points make sense but these two…

What's wrong with those two? I'm genuinely interested, software engineers are overpaid as is with benefits that nearly every other industry can only dream about and you're upset about not being able to put extra 5 hours of time a week to improve your skills related to something that's your career? And we wonder why quality of everything is awful and why people are unreliable and entitled.

You're paying your employee because they are suitable at this moment. Expecting someone to study in their free time is nonsense. If you want that you either need to pay for it or allow study time during the work time.

Re: Tell HN: Job interview canceled due to looming recession

#424

Post by WilmerX »

indigodaddy wrote: post #250
jedberg wrote: post #223

I dropped out of school in 1999, and got laid off in 2001 at the start of that recession. I couldn't get a job in 2001 or 2002, so I went back to school and got scholarships to live off of, and graduated in 2003. Recession was still ongoing but I got lucky and had a friend from the first job help me get a job, but other than that, I wasn't getting a lot of interviews. I had friends who were getting hired and then lai…

Do yourself a favor though and don’t get any student loans. You’ll be setting yourself up for a future of pain.

In Sweden the interest on student loans is about as low as it can get. It is pretty much the most favorable loan possible, even in a recession.

Re: Tell HN: Job interview canceled due to looming recession

#425

Post by ornornor »

hbbio wrote: post #397
ornornor wrote: post #392

Earlier quoted context omitted.

> - Employees are not willing to put a little extra (and we’re at the 35hrs week here), > - Not willing to study afterwork to improve their career, Some of your points make sense but these two…

Indeed, they should study at work.

Heresy!

Re: Tell HN: Job interview canceled due to looming recession

#426

Post by californical »

zmxz wrote: post #409
kortilla wrote: post #403

Earlier quoted context omitted.

> the first 2 years, I can pay someone 35 -> 50 -> +10k bonus You pay them such terrible wages and you’re surprised they leave? You can make $35k at in-n-out shilling beef on a bun.

What a terrible person, doesn't have access to infinite money and can't afford to overpay underskilled staff.

If you can’t pay competitively for competent people, then complain that nobody wants to work for you, I think the real problem is that your business is unviable since you can’t cover the costs to operate it

Re: Tell HN: Job interview canceled due to looming recession

#427

Post by Fasani »

Throughout my career I always relied on recruiters in two ways.

1. They help me find jobs. 2. ASK them what technology frameworks they are being asked for.

Number 2 has been more beneficial than number 1, it has allowed me to have insight into what is a valuable framework to learn next.

Take time to befriend and talk to recruiters, it is a two way street with many of them.

Re: Tell HN: Job interview canceled due to looming recession

#428

Post by rfrec0n »

eastbound wrote: post #390
Solvitieg wrote: post #252

Earlier quoted context omitted.

> Overall, I'd say relax a bit. You're still in a good situation. Recessions are hard for many, but software engineers were among the best off during the last one and I expect will be this time also. The demand for software engineers was driven partly by zombie app and saas companies all competing for "top talent", dependent entirely on free cash but without sustainable business models. On top of that, the "demand" n…

At risk? We’ll just stop having overinflated salaries. The current situation is insane for employers: - Employees are not willing to put a little extra (paid extra, I mean - and we’re at the 35hrs week here), - Not willing to study afterwork to improve their career, - Not willing to work on legacy products where we pay them 40% more. - In the first 2 years, I can pay someone 35 -> 50 -> +10k bonus, and they’ll leave…

My student loan payments will probably be around $1200 a month after I graduate and a studio apartment in my pretty small city is $900 without utilities. I could probably survive on a $35k salary but I'd have to switch to income based repayment on my loans which would suck because I'd like to eventually be able to buy a house

Re: Tell HN: Job interview canceled due to looming recession

#429

Post by zmxz »

rtpg wrote: post #414
zmxz wrote: post #411

Earlier quoted context omitted.

What's wrong with those two? I'm genuinely interested, software engineers are overpaid as is with benefits that nearly every other industry can only dream about and you're upset about not being able to put extra 5 hours of time a week to improve your skills related to something that's your career? And we wonder why quality of everything is awful and why people are unreliable and entitled.

It's easy: if you want your employee to do something, all you have to do is pay them for their time. Not willing to? Then I guess it's not important to you.

It takes two to tango. If you want to get paid, become someone who's useful.

This attitude where employees sit like bags of potatoes waiting for knowledge to permeate their brains via osmosis is awful.

Re: Tell HN: Job interview canceled due to looming recession

#430

Post by oblio »

sorry_outta_gas wrote: post #251
oblio wrote: post #99

Earlier quoted context omitted.

2008? Not much. Some hiring freezes, maybe some salary freezes, but overall quite reduced impact. Of course, this is very location dependent and domain dependent. New grads were probably hit the hardest, as they usually are during recessions. 2000 was much worse from everything I hear, but I wasn't there at the time.

a salary freeze might as well be a firing right now

Real salary decreases happen in life, too.

That's actually the reality for most people.

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