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Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

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Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#771

Post by jvagner »

whack wrote: post #684
015UUZn8aEvW wrote: post #67

I'm a grad student at an elite American university. Several weeks ago, some other students and I attended a recruiting presentation put on by a large multinational company I won't name. The woman who gave the presentation services her company's contract with a tech company, that, let's just say, has a big share of the search engine market. She emphasized that she was looking for diversity, because, as she said, "the…

I've heard similar quotes before, and always assumed the speaker meant that they didn't want everyone to be a old/white/guy, not that they didn't want anyone who was a old/white/guy. Context matters a lot - such quotes are usually said in reference to a company's leadership team, and there's quite a bit of truth to them. When you look at the list of CEOs/Senior-Executives/Board-members at Fortune 500 companies, it's…

As a 46 year old, 25 year tech veteran, white dude, holding C-positions numerous times, I think what it indicates is that the first hire of certain kinds of positions aren't likely to go to people like me anymore. It closes doors all around, to people of a given demographic.

These things swing to extremes, but harm will come to some. There are still good candidates out there with mortgages, families, etc.

I'm self-employed now and don't expect to ever put myself into someone else's employ (that's my tip to everyone else in the 40+ camp... entrepreneurialism isn't a groovy lifestyle choice, it's the offensive measure to secure your future --- business startup and continuity risks notwithstanding), but the "we need diversity" bell is now mine to ring. That said, I used to dream of creating a startup, building a team, growing a business --- now the dream is zero employees. It's me and my (life) partner, and we won't take on employees if we can help it.

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#772

Post by gspetr »

plorg wrote: post #745
gspetr wrote: post #724

Earlier quoted context omitted.

Most Fortune 500 companies were founded by white men -> Most CEOs of Fortune 500 companies are white men. Is that problematic? Tax system already penalizes those who are producing wealth in order to subsidize those who are consuming it.

Alternately, the tax system "penalizes" those who lack wealth by advantaging those who make money by owning capital. Pretending like a pre-existing, often un-earned economic advantage implies some sort of inherent moral or economic superiority is an almost laughably privilege-blind perspective.

The latter was a quote[0] from Thomas Sowell[1], who lacks neither qualifications (Being an Ivy League economics professor), nor privilege-blindness (Black man born in 1930).

[0]https://twitter.com/ThomasSowell/status/943248573222850560

[1]https://en.wikipedia.org/wiki/Thomas_Sowell

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#773

Post by williamdclt »

mankypro wrote: post #768
plorg wrote: post #745

Earlier quoted context omitted.

Alternately, the tax system "penalizes" those who lack wealth by advantaging those who make money by owning capital. Pretending like a pre-existing, often un-earned economic advantage implies some sort of inherent moral or economic superiority is an almost laughably privilege-blind perspective.

"often un-earned economic advantage implies some sort of inherent moral or economic superiority is an almost laughably privilege-blind perspective." Using your logic (only related to this portion of your post, because as you stated money, does in fact, beget money), one should not work hard for one's progeny to have an inheritance? Should estate law just be modified and have all assets of a dead person go to the stat…

Well, yes?

Inheritance is deeply ingrained in most cultures that I know of (so, western first-world cultures), but it had never made sense to me. Inheritance is pure unfairness.

And people far more versed in the economic arcanes than I am have the same opinion: see Karl Marx

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#774

Post by canes123456 »

015UUZn8aEvW wrote: post #67

I'm a grad student at an elite American university. Several weeks ago, some other students and I attended a recruiting presentation put on by a large multinational company I won't name. The woman who gave the presentation services her company's contract with a tech company, that, let's just say, has a big share of the search engine market. She emphasized that she was looking for diversity, because, as she said, "the…

SV might be going too far in the other direction but the market inefficiency for rest of the world is overpaying old white guys. The people younger than me are smarter, harder working than me and underpaid. They lack a bit of experience but that all balances out in 6 months. The key experience is learning the how to work with the production ball of mud that is different at every job. The people older than me are mostly lazy, mediocre at their job, and overpaid. The woman tend to be good but the guys are entitled. The competitive is looking the part and being good at politics.

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#775

Post by lowbloodsugar »

gspetr wrote: post #724
whack wrote: post #684

Earlier quoted context omitted.

I've heard similar quotes before, and always assumed the speaker meant that they didn't want everyone to be a old/white/guy, not that they didn't want anyone who was a old/white/guy. Context matters a lot - such quotes are usually said in reference to a company's leadership team, and there's quite a bit of truth to them. When you look at the list of CEOs/Senior-Executives/Board-members at Fortune 500 companies, it's…

Most Fortune 500 companies were founded by white men -> Most CEOs of Fortune 500 companies are white men. Is that problematic? Tax system already penalizes those who are producing wealth in order to subsidize those who are consuming it.

Society vs Anarchy. If you'd like to try an experiment where there is no government and nobody pays taxes, then we'll see how long it takes most of the CEOs to either get killed or to submit to a different CEO feudal lord. The battles to determine who will be King will be quite bloody. Alternatively, we could agree to have a society, in which everyone reaps the benefits. To make that happen we will need taxes. I'm all for libertarianism, but if you want a little fantasy called "Libertarian minimal government, but oh, no, wait, of course I want a police force to enforce property rights so I can keep my millions of dollars worth of stuff", well then suddenly you aren't really against taxes are you? You just want only the benefits that help you.

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#776

Post by lowbloodsugar »

Thinpad wrote: post #413

"Used responsibly, age-based targeting for employment purposes is an accepted industry practice and for good reason: it helps employers recruit and people of all ages find work," said Rob Goldman, a Facebook vice president. Rob if you are reading this you sound like an idiot. What were you thinking before uttering those words. Please do all of us a favor quit that VP role you are definitely not a leader material :).

No, he sounds like Trump, or Ryan. Here are some words. Those of you who are smart enough to understand the logical fallacy are a tiny minority. The rest of you will either parrot them or ridicule them depending on your own existing personal view.

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#778

Post by eveningcoffee »

015UUZn8aEvW wrote: post #67

I'm a grad student at an elite American university. Several weeks ago, some other students and I attended a recruiting presentation put on by a large multinational company I won't name. The woman who gave the presentation services her company's contract with a tech company, that, let's just say, has a big share of the search engine market. She emphasized that she was looking for diversity, because, as she said, "the…

It is shocking how they do not understand how racist they are.

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#779

Post by Rescis »

TeMPOraL wrote: post #505
vsc wrote: post #457

Earlier quoted context omitted.

You have been able to put to words the feeling that I have had for such a long time. Thanks. I don't know if the world is getting a shittier place. But it surely is getting less reliable.

> I don't know if the world is getting a shittier place. But it surely is getting less reliable. It is, because everything is being optimized into literal minimum viable products. That's how competitive markets work - whatever aspect of your product or business you can cut out to save money and thus get ahead of your competitors, you will cut out, and then your competitors will cut it out too, in order not to get out…

> It's the reason why your grandfather's washing machine probably works 'till this day, while you have to fix your new one every year, and will probably replace it in five years.

Adjusting the cost of each product with inflation, things really are built like they used to be. Your grandfathers washing machine both cost far more than a current model* (again, adjusted for inflation), and all of the poorly built old washing machines broke and no on sees/thinks about them anymore.

* I am having trouble finding a source on washing machines specifically, however I'm assuming they followed the same trends as most commodities tracked by BLS: https://data.bls.gov/cgi-bin/surveymost?ap

As questionable as citing Reddit is, this post rather well encompasses what I am trying to get at: https://www.reddit.com/r/Showerthoughts/comments/4kn8ku/the_...

Re: Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

#780

Post by user5994461 »

shard wrote: post #742
Clubber wrote: post #738

Earlier quoted context omitted.

So 10x to 5x to 3x, which isn't really a large multiplier. Also, a guy worth $300K is a "large multiplier" more valuable than 3 entry level juniors at $100K.

3x the double gives 6x.

Yes and that's ignoring the compensation in bonus/RSU/healthcare.
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