Earlier quoted context omitted.
If anyone that worked at the fed could predict the future, they wouldn’t work at the fed.
The future is notoriously difficult to predict.
Leaked Amazon memo warns the company is running out of people to hire
501–510 of 764 posts
Re: Leaked Amazon memo warns the company is running out of people to hire
#502Earlier quoted context omitted.
>pretty strong evidence that the jobs look a lot worse once you're in one of them Pretty strong evidence that the job is worse than people would expect would be an anonymous survey of workers by a third party. Churn can result from any number of factors. It simply isn't enough to support your conclusion, and a lack of imagination in seeing alternative explanations isn't proof. Warehouse jobs have high churn. Yes, Ama…
The fact that people are leaving with their foot is a strong evidence in itself that the job is not good. Does Ford lose all their workers right now? No. But they are unionized and make more money. Of course different industry but since Amazon chose to be in the industry of razor-thin margin, they have to find a solution to their own problem. If their business model relies on super cheap labor, then they must adapt.
Re: Leaked Amazon memo warns the company is running out of people to hire
#503I think this article might bury the lede a bit: >Walmart is offering some workers with past warehouse experience as much as $25 an hour. An Amazon executive told Reuters in late 2021 that the company was bumping the average starting wage for new hires in the US to more than $18 an hour, attributing the decision to intense competition among employers. People used to work for Amazon warehouses in the 2010s because $15/…
>Walmart is offering some workers with past warehouse experience as much as $25 an hour. An Amazon executive told Reuters in late 2021 that the company was bumping the average starting wage for new hires in the US to more than $18 an hour, attributing the decision to intense competition among employers. This is a common type of formulation in journalism that often reveals the bias of the journalist. 1. Walmart pays S…
Turnover is the subject of the story, those two statements seem directly relevant.
Re: Leaked Amazon memo warns the company is running out of people to hire
#504> Amazon founder and former CEO Jeff Bezos saw his warehouse workforce as necessary but replaceable, and feared that workers who remained at the company too long would turn complacent or, worse, disgruntled, according to reporting by the New York Times. Wow. Think about what this is really saying: Amazon adopts the explicit policy of not wanting their workers to stay on long enough to figure out that they are getting…
> But now, as the internal report Recode reviewed shows, some inside Amazon are realizing that strategy won’t work much longer, especially if leaders truly want to transform it into “Earth’s best employer,” as Bezos proclaimed in 2021.
Re: Leaked Amazon memo warns the company is running out of people to hire
#505Earlier quoted context omitted.
As a result, AWS engineers are very much promotion oriented. This leads to two results: title inflation and disgruntled employees. L6 used to be a big deal but not any more. L7 is now the new L6. The challenge with this arrangement is that whoever got promoted early on but stayed in the same level get less in return. And apparently it's human's nature to compare. When engineers see that their peers get promoted to L7…
> L7 (a role used to be considered almost impossible to reach) I can attest to this; worked there from mid 2000s to early 2010s. Principle Engineers, L7 ICs, were looked up as Gods back then. To an extent that a couple of projects by an L5 where it went through principal-review process was almost guaranteed to get them a promotion to L6. Back when I was there I thought pulling off L5-L6 required crazy work schedule (…
Re: Leaked Amazon memo warns the company is running out of people to hire
#506Re: Leaked Amazon memo warns the company is running out of people to hire
#507Earlier quoted context omitted.
This isn't a secret. Engineers are treated this way as well. At my time at Amazon, it was explained to me that this is why their comp structure is so wrapped up in stock and salaries are so low. Unless you keep getting promoted and get more stock, employees will naturally want to leave within four years.
There has been rumours of engineers "bouncing back" recently (they had a better term for it, but I forgot)
Re: Leaked Amazon memo warns the company is running out of people to hire
#508Earlier quoted context omitted.
This isn't a secret. Engineers are treated this way as well. At my time at Amazon, it was explained to me that this is why their comp structure is so wrapped up in stock and salaries are so low. Unless you keep getting promoted and get more stock, employees will naturally want to leave within four years.
As a result, AWS engineers are very much promotion oriented. This leads to two results: title inflation and disgruntled employees. L6 used to be a big deal but not any more. L7 is now the new L6. The challenge with this arrangement is that whoever got promoted early on but stayed in the same level get less in return. And apparently it's human's nature to compare. When engineers see that their peers get promoted to L7…
In the AF, your performance reviews need to be "firewalled" or it's time to leave.
Re: Leaked Amazon memo warns the company is running out of people to hire
#509Earlier quoted context omitted.
This isn't a secret. Engineers are treated this way as well. At my time at Amazon, it was explained to me that this is why their comp structure is so wrapped up in stock and salaries are so low. Unless you keep getting promoted and get more stock, employees will naturally want to leave within four years.
> stock You left out a big part here; RSU vesting schedule is back loaded. It's something like 5-20-25-50
Re: Leaked Amazon memo warns the company is running out of people to hire
#510Earlier quoted context omitted.
“Unprincipled” business owners, farmers, and basically every other company that wants cheap labor in “rural America”.
Maybe, but that doesn't support the generalization that this is a broadly-held right-wing position, which is what we were debating. Note also that plenty of ostensibly left-wing companies want cheap labor as well.
Even Trump supporting farmers were complaining about not being able to find anyone.
Just like they were all for the wall until the government started using eminent domain to take their land to build it.