6 ms·

It's going to get bloody out there soon. Minimize your expenses if you don't already do this. The market was already fairly saturated from what I inferred last

It's going to get bloody out there soon. Minimize your expenses if you don't already do this. The market was already fairly saturated from what I inferred last year when I jumped ship during a move. Most organizations did not appear to be seriously hiring, they were hunting for a labor bargain or someone to add to their future contact list for quick turnaround when demand rose. If you didn't think it was an employers market already, it's about to be.

Eiriksmal 7y ago
>market was already fairly saturated ... did not appear to be seriously hiring ... an employers market This was my experience in the job market last year, as well. A lot of open listings, but curiously picky requirements for who would be considered for a role. I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent (read: highly experienced and commensurately compensated) for their "senior" roles. I got my foot in the door as a contractor at a recently-acquired startup in the medical industry, considering it a safe bet against the inevitable recession. Like the economists and investors are now writing en masse on their blogs, I would never have guessed a virus would kick off that recession. =/ Advice for OP: Try finding which companies in the medical space are looking for front-end devs. There are a lot of not-exactly-tech companies that keep small groups of web developers employed.
- linsomniac 7y ago
  Last year we were hiring, for both junior and senior positions, and had a hell of a time finding people to make offers to. We were absolutely serious and did end up hiring someone. I will say though that we were definitely on the picky side. Our company tends to have a very hard time getting rid of employees that aren't working out, so we are extremely reluctant to hire a "maybe".
  - lainga 7y ago
    Local law?
    - staticautomatic 7y ago
      Or company culture.
    - linsomniac 7y ago
      Entirely company culture.
- ryandrake 7y ago
  > A lot of open listings, but curiously picky requirements for who would be considered for a role. I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent This has been my observation for the last decade or so. A lot of companies fishing but not many actual worms on the hooks. I expect it to get even worse now that we're back in a bear market.
- jbjohns 7y ago
  >I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent Well, there are also laws to consider. I can't prove this but I believe companies put out requests for super high level roles with bad conditions purposefully so they can go to the government and say they need HB1/Outsourcing/whatever because they can't fill all these open positions.
codingdave 7y ago
I can second that - I'm not actively looking to move, but I get recruiters who contact me, and always tell them politely what it would take to inspire me to consider a move, which amounts to an above-market raise. A year ago, they at least would entertain my requirements and push a bit, maybe ask the hiring manager if the salary could go higher. Recently, though, I get quick replies of 'Nope, we're not a match'.
- deckard1 7y ago
  yeah, this has been my experience over the past few months. Luckily I'm only on the fence as to whether I want to switch jobs right now. I've been very take-it-or-leave it. > always tell them politely what it would take to inspire me to consider a move, which amounts to an above-market raise Same. Recently a recruiter really pissed me off. He flatly stated that this company was "willing to pay." There were no limits. Of course, I was skeptical. The ballpark he kept repeating to me sounded fine. Interview went great. The feedback from the company: "we're not willing to pay anywhere near that." I passed the interview apparently, but did not fall into their desired salary range. A huge WTF all around. It was their advertised range for crying out loud. Either the company was kicking the tires and wasting my time (they rescheduled the interview twice, so I suspect they weren't interested at all), or the recruiter was a liar. It's possible they both wanted to see if I would bend and become a bargain.
mc3 7y ago
Everyone will be minimizing expenses, so cash velocity is going to dramatically decrease. A recession to affect all sectors unless a miracle cure comes out this week. On that basis I expect real estate values to fall and stocks to continue to fall. Companies that are not profitable and rely on investor money to keep going will fail.

Eiriksmal 7y ago

>market was already fairly saturated ... did not appear to be seriously hiring ... an employers market This was my experience in the job market last year, as well. A lot of open listings, but curiously picky requirements for who would be considered for a role. I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent (read: highly experienced and commensurately compensated) for their "senior" roles. I got my foot in the door as a contractor at a recently-acquired startup in the medical industry, considering it a safe bet against the inevitable recession. Like the economists and investors are now writing en masse on their blogs, I would never have guessed a virus would kick off that recession. =/ Advice for OP: Try finding which companies in the medical space are looking for front-end devs. There are a lot of not-exactly-tech companies that keep small groups of web developers employed.

linsomniac 7y ago
Last year we were hiring, for both junior and senior positions, and had a hell of a time finding people to make offers to. We were absolutely serious and did end up hiring someone. I will say though that we were definitely on the picky side. Our company tends to have a very hard time getting rid of employees that aren't working out, so we are extremely reluctant to hire a "maybe".
- lainga 7y ago
  Local law?
  - staticautomatic 7y ago
    Or company culture.
  - linsomniac 7y ago
    Entirely company culture.
ryandrake 7y ago
> A lot of open listings, but curiously picky requirements for who would be considered for a role. I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent This has been my observation for the last decade or so. A lot of companies fishing but not many actual worms on the hooks. I expect it to get even worse now that we're back in a bear market.
jbjohns 7y ago
>I definitely got the impression that companies were just idly trawling for fresh meat, without seriously pursuing any senior talent Well, there are also laws to consider. I can't prove this but I believe companies put out requests for super high level roles with bad conditions purposefully so they can go to the government and say they need HB1/Outsourcing/whatever because they can't fill all these open positions.

codingdave 7y ago

I can second that - I'm not actively looking to move, but I get recruiters who contact me, and always tell them politely what it would take to inspire me to consider a move, which amounts to an above-market raise. A year ago, they at least would entertain my requirements and push a bit, maybe ask the hiring manager if the salary could go higher. Recently, though, I get quick replies of 'Nope, we're not a match'.

deckard1 7y ago
yeah, this has been my experience over the past few months. Luckily I'm only on the fence as to whether I want to switch jobs right now. I've been very take-it-or-leave it. > always tell them politely what it would take to inspire me to consider a move, which amounts to an above-market raise Same. Recently a recruiter really pissed me off. He flatly stated that this company was "willing to pay." There were no limits. Of course, I was skeptical. The ballpark he kept repeating to me sounded fine. Interview went great. The feedback from the company: "we're not willing to pay anywhere near that." I passed the interview apparently, but did not fall into their desired salary range. A huge WTF all around. It was their advertised range for crying out loud. Either the company was kicking the tires and wasting my time (they rescheduled the interview twice, so I suspect they weren't interested at all), or the recruiter was a liar. It's possible they both wanted to see if I would bend and become a bargain.

mc3 7y ago

Everyone will be minimizing expenses, so cash velocity is going to dramatically decrease. A recession to affect all sectors unless a miracle cure comes out this week. On that basis I expect real estate values to fall and stocks to continue to fall. Companies that are not profitable and rely on investor money to keep going will fail.