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Purely anecdotal: In my experience as a hiring manager seeing trends change over the past 10 years, and selecting from the top 10% of candidates by some vague m
by reikonomusha 5y ago
Purely anecdotal: In my experience as a hiring manager seeing trends change over the past 10 years, and selecting from the top 10% of candidates by some vague metric, it's primarily about "does it pay a lot" and secondarily "does it offer full-remote"? A lot of my friends, former colleagues, and candidates I've failed to hire end up going to either a FAANG or a very successful brand-name company (typically a SV company) because
1. The TC is a lot higher, like 1.5-2x.
2. They don't have to move; or they do want to move, just not for a job.
It doesn't matter that the work is boring (really fungible cog low-impact stuff). It doesn't matter if the colleagues are meh. It doesn't matter if the company has a reputation for lay-offs/churn/etc. If you have those two items above, you'll likely have a good hiring success rate.
Even stronger: many of the "fads" (like cool programming languages, toolkits, frameworks, etc.), moral/virtue-discussions du jour (like hating on: FB, crypto, commercial spying apparatus, AMZN work conditions, etc.), etc. also don't appear matter in the large. Someone boycotting AMZN one day will be happy to accept a very healthy salary + benefits package writing legacy Java 6 backend code if it means a good double- or triple-digit percentage in compensatory promotion.
For this thread, I just asked an extremely talented programmer ex-colleague (Linux kernel hacker, expert at C) how his job is at Oracle and why he chose it:
> Ex-Colleague: Funny you ask, because I was stuck on-call over the holidays. I'm basically a plebe to Larry Enterprises. Mostly that and having a side gig. Not writing any cool code for sure.
> Me: Why not go elsewhere where things are a little more interesting for you? You have no shortage of talent.
> Ex-Colleague: Pay is great. Not a lot going on. Not a lot of fuss on the job. I easily own a house and pay a mortgage and have a lot left over. Definitely put in less than 9-5 worth of effort. Probably can retire early at this rate.
This type of attitude doesn't appear to be so uncommon, at least among people I know.
In my case for the company I hire for: Extreme stability (check; been around and stable for ~60 years), excellent work-life balance (check), really cool work (check; cutting edge research and engineering), and really good and diverse colleagues (check; gender balance and representation, stable personalities, highly interdisciplinary skills, sometimes world renowned), open-source and conferences (check), education and 20%-of-9-to-5 time benefits (check). Those things may matter to some extent, but contrary to the article, they don't seem matter as much as an extra $50k to $250k pretax compensation in the bank and being able to do so from a low CoL area at your comfort.
The good news for me at least is that we aren't a mega-growth-kind of company, so we can take our time. Ultimately the candidate that values the above does find us (or we them), considers it a dream job, and tends to stay for 5-25 years.
- Der_Einzige 5y agoI was looking for this comment. The OP and the current top comment seem to think that many engineers wouldn't jump for 10-20K increases. While that is true if they are in a good role, many salary increases from jumping are high double digits right now. Compensation, WLB, and benefits matter FAR FAR more for the majority of people than "good projects" or "smart colleagues". If you want those and can't get it in your job, well that's what open source work is for.
- lostcolony 5y agoOne other thing - in evaluating a new role, the thing I can be SURE of...is comp. Everything else is a nicety, but I can't rely on it. So if I'm looking to jump...well, either my current environment isn't great, or the salary is enough to attract me. There is no situation where my current environment is good, and you offer me a salary comparable to what I'm making, and I would make the jump, because you are a -complete unknown-. So you can talk to me about the brilliance of my colleagues, the amazing projects, the great work/life balance, the autonomy to work on what matters in the most efficient way possible...and all of that might be true. Or it might not be. I've been lied to by hiring managers in the past, both intentionally and unintentionally. But ultimately the only thing I can truly rely on, that is protected by law, is compensation.
- hiq 5y ago> But ultimately the only thing I can truly rely on, that is protected by law, is compensation. In some countries, the working time is also protected by law, hence your hourly wage as well, which makes it easier to compare offers. Too many people focus on the TC without realizing that working 2x the time for 1.5x the pay is often not worth it.
- lostcolony 5y agoFair point; in the US any of these roles will be salaried and exempt, so actual hours will be up in the air.
- 5y ago