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We Don't Have a Talent Shortage. We Have a Sucker Shortage

resumeskills.us

171–180 of 810 posts

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#171

Based on my experience this is very true. It's very annoying when you want to find a job, but you don't want to be a sucker, so you end up looking for a job for a long time. I don't get it. You want to hire someone talented or smart, obviously, you are gonna have to pay them good money. What's the problem with that? I'm sure they will bring much more value than a usual sucker. Personal story ahead. I've been looking…

Dude, get those jobs and leave in 6 months. They don’t pay you enough? Then do 8-5 and still look for jobs. Not paying you your market rate means you are already a flight risk.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#172
post #18

Earlier quoted context omitted.

Yeah, I see this all the time too, they offer 50-60% of market rate and wonder why they get no takers.

Aren't most startup founders straight out of school and never worked anywhere full time in software? Maybe that's why they behave like they do with only small guidance from their VCs that could well be detached from reality too.

The average age of a software startup founder is 40 [1].

[1] https://hbr.org/2018/07/research-the-average-age-of-a-succes...

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#173

I think we do have a talent shortage, seriously, I see it all the time in the companies I work for. And if you run in an interview like the author describes, it is very likely that the interviewer just lacks talent and happens to be in that position, otherwise he or she would recognise the opportunity and go for a good deal. But there are also good reasons why companies are often extremely careful hiring new staff. M…

> Many companies are desperately seeking the right dev's because they know that the wrong pick can cost them tons of money. The mess a wrong dev can create can do so much damage to the product while it often has to be released within a certain timeframe

That suggests problems in management and organization. Likely also with existing seniors and their communication with management. If not having developer causes less issues then hiring average one, then the company really needs to rethink their processes and onboarding.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#174

I had a ludicrous experience with an AR startup in Toronto last year where I was offered $35 an hour - worked a week, and then was told they could only afford to pay $20/hr. They made me work 60-80 hour weeks and didn’t pay me overtime. When I criticized them, they fired me after a month. I’d love to expose them here, but I’ll be the better person than them.

How does not reporting them to the labor board make you a better person? There’s more to this story than you’re telling us or it’s made up. This story doesn’t add up.

Who said he didn't? Him not going through that process doesn't make him a liar either. The fear of being blackballed or being a shy person or the experience of knowing what a waste of time it is are all valid reasons not to.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#175

Earlier quoted context omitted.

I find it strange, as software developers, that we discuss the effects on automation all the time, but no one seems to understand that automation has made searching for new employees incredibly inexpensive and efficient compared to the past. So in technical roles there are a lot of companies that are always hiring. Recruiters work for free until they find you someone and placing job listings online is so inexpensive…

Interviews take 2-3 man days from a company per candidate you end up doing a full onsight interview. That is on the order of $1000’s per interview, and you generally have to do several per role. Then for high demand roles even the best will take several months to ramp up which costs a large fraction, say 25-50% of their total compensation. So replacing a dev can cost you in total $100k+ at least. That is not really c…

This happens because high costs that are not easily measurable (such as the productivity hit from interviewing candidates) don't show up on spreadsheets and thus don't result in recriminations from on high. But the relatively low, one-time cost of a new hire shows up immediately on the spreadsheet and that means whoever did the hiring is going to get yelled at for paying too much. Given this incentive structure, it makes sense to drag out the hiring process as long as possible.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#176
post #95

Earlier quoted context omitted.

One of the best interview experiences I had was with a firm where nearly everyone participates in the hiring process. I don’t know any details beyond what I experienced as a candidate, but they interview tons of people, and everyone who makes it all the way through ends up interacting with at least a handful of would-be peers, managers, and a C-level officer. I imagine that everyone is expected to dedicate a signific…

Where is this utopia? I want to work there.

Two Sigma in Manhattan.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#177
post #143

I had an interview with a company working in the ML space. There is a semi-difficult problem that their particular industry needs a solution for so I spent a couple hours in the hotel the night before writing up a solution for it. I was doing an interview with their head of ML and brought this subject up in general without mentioning that I had already solved it. His immediate response was: "that's impossible." And i…

At some point I was working for a shop that did smartcard-based payment systems. I was patching some smaller bug when I noticed a call that was suspiciously close to an assert() that was accidentally left in. Merely commenting it out made the payment handshake complete 50% faster. Being an eager junior as I was I went to the principal dude who wrote this part (and pretty much the rest of the core) and he dismissed me…

Thank you for documenting exactly how some of the more absurd bugs we encounter in the wild might actually happen. :)

E.g. https://www.talospace.com/2019/04/broadcom-bcm5719-libre-fir...

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#178

Based on my experience this is very true. It's very annoying when you want to find a job, but you don't want to be a sucker, so you end up looking for a job for a long time. I don't get it. You want to hire someone talented or smart, obviously, you are gonna have to pay them good money. What's the problem with that? I'm sure they will bring much more value than a usual sucker. Personal story ahead. I've been looking…

The advice is fairly obvious (or at least is the default course you're likely to take anyway): just keep at it. If someone really cares about the difference between 24 and 36 months of experience, you probably don't want to work there anyway...

Yea, I know you are right. Still, it sucks that there is mindset like that...

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#179

Like a lot of people here, I've been on both sides of the table. Currently on the hiring side of the table interviewing web application developers. I agree with a lot that's said in TFA, especially as someone who's suffered through a months-long motivated job search where I shared the pain. For example: > There are easily several thousand people in the town who are capable of building that business. Get over yourselv…

Maybe laws are different where you're at, but mentioning or considering gender in a role is the biggest of no-nos. Grounds for firing and large lawsuits.

Yes, that's recognized. It's a gotcha answer. If it's picked, we have a discussion.

Though I suspect, much like the age bias noted in the article, it's a factor that, consciously or unconsciously, influences a lot of interviewers.

Re: We Don't Have a Talent Shortage. We Have a Sucker Shortage

#180

I had a recruiter call me a year ago with what sounded like a really amazing offer. Working for a well funded startup on a problem in which I happen to be a domain expert. They're aren't many expects in my field with my background and skill set and they said the right things to get me to interview (compensation won't be a concern). Anyway... Went in for 4-5 interviews. Took me about 10 hours in total to interview wit…

I find it strange, as software developers, that we discuss the effects on automation all the time, but no one seems to understand that automation has made searching for new employees incredibly inexpensive and efficient compared to the past. So in technical roles there are a lot of companies that are always hiring. Recruiters work for free until they find you someone and placing job listings online is so inexpensive…

If it's cheap for them to waste our time with bogus interviews, it's also cheap for us to compile lists of deceitful employers and recruiters. Let's blackball them.

There is actually a Dutch site that tries to do something like that [0], but those recruiters are not even remotely as bad as these stories. They may be annoying parasites, but at least when they mention a number, it's fairly reliable.

[0] https://blacklist-recruiters.nl/archive/

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