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That's a nonsensical line of reasoning. Hard interviews don't reduce salaries, they increase them. Why do you think FAANG companies pay developers 300k+/year wh
by esoterica 8y ago
That's a nonsensical line of reasoning. Hard interviews don't reduce salaries, they increase them. Why do you think FAANG companies pay developers 300k+/year when there are so many lower-status companies who pay <100k/year and still manage to find hires? Because the latter are willing to hire candidates who have worse resumes and less impressive interview skills that the FAANG companies consider beneath them.
- CoolGuySteve 8y agoI suggest you read up on the effects of market friction. 300k/year could very well be a bargain for these people even if it sounds like a lot to you.
- esoterica 8y agoYou might want to re-read your own post because whether 300k/year is a lot of money or not is a non sequitor. You claimed that companies ask hard interview questions to depress salaries, which is a trivially falsifiable claim when you note that companies that don't ask hard interview questions can get away with paying less money than companies that do because they are less picky about who they hire.
- CoolGuySteve 8y agoThe same friction applies to the high end and low end of the market. Your assertion that low paying positions don't also cargo cult these test-as-interview processes is pure speculation.