5 ms·

Context: https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...

MisterPea 5y ago
Wow, I was unaware of this and was really confused why the sourcer got fired. DOJ helped software engineer salaries tremendously
- shadowgovt 5y ago
  Not in any way that shows up in the actual statistics.
  - MisterPea 5y ago
    Oh really? That's surprising as well, I would've expected top talent to be paid more by jumping around.
    - whoisburbansky 5y ago
      Can't really get raises by jumping around if all the best options collude to keep wages own
- barry-cotter 5y ago
  > DOJ helped software engineer salaries tremendously No, Facebook did, by just refusing to take part in the cartel. You only need one company to start bidding up salaries for the category of employee they want to move the market if they have a big enough budget. The DOJ didn't even push for a reasonable fine, one measured in years of revenue, or reasonable punishment, like jailtime for executives and HR staff who were in on the conspiracy.
  - sillysaurusx 5y ago
    Source on Facebook refusing to participate? It's one of the few bits of info that makes me like Facebook as a company.
    - the_watcher 5y ago
      Found this from 2014: https://techcrunch.com/2014/03/24/sheryl-sandberg-facebook-refused-no-poaching-agreement-with-google/ https://techcrunch.com/2014/03/24/sheryl-sandberg-facebook-r...
    - dilyevsky 5y ago
      It is well known and was in the same pile of court discovery leaks
    - lupire 5y ago
      FB has always been good to employees. Much like Microsoft (comparatively).
      - fullshark 5y ago
        Well the employees they deem worthy at least
      - speed_spread 5y ago
        The number of amoral geniuses purely driven by technical challenge is limited. Businesses making money on the edge of ethics have to treat their employees well to keep them. When there is no "big lofty goal", you need to get people motivated someway. Adtech, fintech, crypto...
    - _dark_matter_ 5y ago
      Why is this being downvoted? I didn't know it either, and it also improves my perception of FB as a company.
      - oautholaf 5y ago
- AlbertCory 5y ago
  A lot of those recruiters were contract employees. Maybe most of them, if they were doing cold calling like that.

MisterPea 5y ago

Wow, I was unaware of this and was really confused why the sourcer got fired. DOJ helped software engineer salaries tremendously

shadowgovt 5y ago
Not in any way that shows up in the actual statistics.
- MisterPea 5y ago
  Oh really? That's surprising as well, I would've expected top talent to be paid more by jumping around.
  - whoisburbansky 5y ago
    Can't really get raises by jumping around if all the best options collude to keep wages own
barry-cotter 5y ago
> DOJ helped software engineer salaries tremendously No, Facebook did, by just refusing to take part in the cartel. You only need one company to start bidding up salaries for the category of employee they want to move the market if they have a big enough budget. The DOJ didn't even push for a reasonable fine, one measured in years of revenue, or reasonable punishment, like jailtime for executives and HR staff who were in on the conspiracy.
- sillysaurusx 5y ago
  Source on Facebook refusing to participate? It's one of the few bits of info that makes me like Facebook as a company.
  - the_watcher 5y ago
    Found this from 2014: https://techcrunch.com/2014/03/24/sheryl-sandberg-facebook-refused-no-poaching-agreement-with-google/ https://techcrunch.com/2014/03/24/sheryl-sandberg-facebook-r...
  - dilyevsky 5y ago
    It is well known and was in the same pile of court discovery leaks
  - lupire 5y ago
    FB has always been good to employees. Much like Microsoft (comparatively).
    - fullshark 5y ago
      Well the employees they deem worthy at least
    - speed_spread 5y ago
      The number of amoral geniuses purely driven by technical challenge is limited. Businesses making money on the edge of ethics have to treat their employees well to keep them. When there is no "big lofty goal", you need to get people motivated someway. Adtech, fintech, crypto...
  - _dark_matter_ 5y ago
    Why is this being downvoted? I didn't know it either, and it also improves my perception of FB as a company.
    - oautholaf 5y ago
AlbertCory 5y ago
A lot of those recruiters were contract employees. Maybe most of them, if they were doing cold calling like that.