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LinkedIn should set up a code of practice that bans this. Rescind offers? Then you can't advertise on LinkedIn for the next 5 years, and we won't host your job

LinkedIn should set up a code of practice that bans this. Rescind offers? Then you can't advertise on LinkedIn for the next 5 years, and we won't host your job posts either. That would change the calculations at these companies and make the jobs marketplace better, at little cost to LinkedIn.

was_a_dev 4y ago
Is LinkedIn really that large of a recruitment source? They certainly don't have a monopoly on it
- tarellel 4y ago
  I'd think so, I get dozens of recruiters reaching out every week. My current position I started a few months ago from a recruiter show reached out to me through LinkedIn as well.
  - claytonjy 4y ago
    A recruiter reaching out directly (warm leads) is very different from a LinkedIn job posting applicants apply to themselves (cold lead), and much harder to prevent. Of the recruiters I hear from, almost none of them point me to a LinkedIn job posting.
duxup 4y ago
How would linked in even know with any certainty that such a thing happened? Recruiting may have had nothing to do with Linked in. I don’t expect them to police other companies this way for me.
- erehweb 4y ago
  How would LinkedIn know? In this case, everyone knows. In a more general case, a candidate could provide proof. Coinbase has several jobs posted on LinkedIn. I expect LinkedIn to filter out companies that are outright scams. Rescinding an offer is just one step above that.
carlivar 4y ago
LinkedIn (a subsidiary of Microsoft Corporation) has the worst "activity feed" algorithm I have ever seen. It is a dopamine-poking, engagement-optimizing mess. So I have very little confidence they would do anything for ethical reasons over money.
- erehweb 4y ago
  This would not need to be for ethical reasons. If LinkedIn can vouch for the companies on its platform, that gives it a competitive advantage.
- forgingahead 4y ago
  Just block the news feed. Here's some ublock filters: www.linkedin.com##.eah-header-item.eah-menu-trigger.ember-view.artdeco-dropdown__trigger--placement-bottom.artdeco-dropdown__trigger www.linkedin.com###voyager-feed www.linkedin.com##.pv3.news-module You won't be able to see individual updates/posts either, but just toggle off ublock when you do want to see someone's specific post. This has been huge for me to avoid all the virtue-signalling/pandering-to-the-Current-Thing crap that permeates the feed.
- whimsicalism 4y ago
  what makes it worse than others with algo feeds?
iLoveOncall 4y ago
As awful as it is, letting people go is something that happens when doing business. If you have to choose between resciding offers and leading your company to its death by running out of funds, the only sensible decision is the first one. I also don't get why LinkedIn should be the HR police of 2022, this is nonsense.
filoleg 4y ago
Would you be ok if they let recruiters have similar tools on linkedin, to filter out candidates who rescinded offers before? I am not trying to elicit some sympathy for coinbase here, I absolutely don't care about them or companies in general, but I don't think you've thought this proposal through. Let's imagine the issue i mentioned above doesn't exist. Linkedin figured out a perfect way to figure out and filter out companies that rescinded offers. If that became a problem for companies, then a company would just hire someone and then lay them off immediately. Same result, but larger administrative/accounting overhead, so no severences for rescinded people, most likely. How would Linkedin track that? What's the time period cutoff for which laying someone off/firing them is considered "just a loophole around rescinding an offer"? A week? A month? How will you be able tell the difference between an instance of someone being fired within a short period of time after starting as a loophole around rescinding an offer vs. someone genuinely being fired within a month for whatever legitimate reason? Imo i dont see how the current situation with coinbase/meta is a reason for such a major outrage. I could have understood it, if they were habitually known for rescinding offers as a part of their regular practice. But they don't, they all did it exactly once, at the same time, due to a very legitimate reason of a strong economic downturn affecting their survival/livelihood very badly. Imagine your spouse was having serious health problems, and you just found out you will need to take care of them for a year, right after you just accepted an offer from a company a few days ago. I think it is more than reasonable for that person to rescind their offer and tell the company they have something that's more important and that matters to their survival. And that's not even mentioning that coinbase is paying severance worth 2 months of work (as well as provides job search assistance services, whatever that means) to those whose offers they rescinded. So those people essentially are paid for 2 months of job searching. Still sucks to deal with job search, don't get me wrong. But that severance package wasn't expected and feels pretty fair.
- erehweb 4y ago
  Thanks for your thoughtful comments. Would I be OK if LinkedIn gave similar tools to recruiters? No, because an applicant has a lot less power than a company. But I can see that recruiters would want that. So why wouldn't we want that on our side? The "hire for a day, then fire" issue is interesting. Companies would tread more carefully there, though. Once you've hired someone, then you have a legal relationship with them. In the US, employment is at-will, but protections for firing due to race, gender, etc. still apply. So there's a lawsuit threat that would make this a dangerous game for companies to play. Other threads claim that Meta did not actually rescind - those were more visa issues. Why is this such a big outrage? Because it's a breach in the norms of how job markets work. Re your analogy - Coinbase would certainly prefer not to have all these people in a downturn. But it certainly has options that the person with a spouse with health problems doesn't have. For example, executives could reduce their compensation temporarily to deal with this. The entering cohort of employees would make Coinbase less profitable, but won't by itself cause it to fail. Do I really think that the CEO of Coinbase would take a 10% pay cut rather than rescind several offers? No. But the point is that Coinbase has options that mean it can do the ethical thing.
claytonjy 4y ago
Is LinkedIn a successful way to advertise jobs? I know it seems like they're all on there, but the last two times I hired, the LI crowd was by far the lowest quality. I got 700 applicants in a couple days (and 1000+ in a week) for a data science posting at a startup in 2019, almost all were entry-level applicants for a senior-level role. I don't blame the applicants, but it was basically impossible to wade through so many as a two-person team (me and the VP of Eng I was reporting to). I think LinkedIn is partially to blame in making it too easy to shoot off another application with near-zero marginal cost. We had much better luck with applicants direct to our jobs page. I'm sure a company like Coinbase with their HR/recruiting resources has a rather different experience, though.
- devoutsalsa 4y ago
  In the future, it’s pretty easy to filter out unqualified applicants merely by describing what you really need & being clear about it.

was_a_dev 4y ago

Is LinkedIn really that large of a recruitment source? They certainly don't have a monopoly on it

tarellel 4y ago
I'd think so, I get dozens of recruiters reaching out every week. My current position I started a few months ago from a recruiter show reached out to me through LinkedIn as well.
- claytonjy 4y ago
  A recruiter reaching out directly (warm leads) is very different from a LinkedIn job posting applicants apply to themselves (cold lead), and much harder to prevent. Of the recruiters I hear from, almost none of them point me to a LinkedIn job posting.

duxup 4y ago

How would linked in even know with any certainty that such a thing happened? Recruiting may have had nothing to do with Linked in. I don’t expect them to police other companies this way for me.

erehweb 4y ago
How would LinkedIn know? In this case, everyone knows. In a more general case, a candidate could provide proof. Coinbase has several jobs posted on LinkedIn. I expect LinkedIn to filter out companies that are outright scams. Rescinding an offer is just one step above that.

carlivar 4y ago

LinkedIn (a subsidiary of Microsoft Corporation) has the worst "activity feed" algorithm I have ever seen. It is a dopamine-poking, engagement-optimizing mess. So I have very little confidence they would do anything for ethical reasons over money.

erehweb 4y ago
This would not need to be for ethical reasons. If LinkedIn can vouch for the companies on its platform, that gives it a competitive advantage.
forgingahead 4y ago
Just block the news feed. Here's some ublock filters: www.linkedin.com##.eah-header-item.eah-menu-trigger.ember-view.artdeco-dropdown__trigger--placement-bottom.artdeco-dropdown__trigger www.linkedin.com###voyager-feed www.linkedin.com##.pv3.news-module You won't be able to see individual updates/posts either, but just toggle off ublock when you do want to see someone's specific post. This has been huge for me to avoid all the virtue-signalling/pandering-to-the-Current-Thing crap that permeates the feed.
whimsicalism 4y ago
what makes it worse than others with algo feeds?

iLoveOncall 4y ago

As awful as it is, letting people go is something that happens when doing business. If you have to choose between resciding offers and leading your company to its death by running out of funds, the only sensible decision is the first one. I also don't get why LinkedIn should be the HR police of 2022, this is nonsense.

filoleg 4y ago

Would you be ok if they let recruiters have similar tools on linkedin, to filter out candidates who rescinded offers before? I am not trying to elicit some sympathy for coinbase here, I absolutely don't care about them or companies in general, but I don't think you've thought this proposal through. Let's imagine the issue i mentioned above doesn't exist. Linkedin figured out a perfect way to figure out and filter out companies that rescinded offers. If that became a problem for companies, then a company would just hire someone and then lay them off immediately. Same result, but larger administrative/accounting overhead, so no severences for rescinded people, most likely. How would Linkedin track that? What's the time period cutoff for which laying someone off/firing them is considered "just a loophole around rescinding an offer"? A week? A month? How will you be able tell the difference between an instance of someone being fired within a short period of time after starting as a loophole around rescinding an offer vs. someone genuinely being fired within a month for whatever legitimate reason? Imo i dont see how the current situation with coinbase/meta is a reason for such a major outrage. I could have understood it, if they were habitually known for rescinding offers as a part of their regular practice. But they don't, they all did it exactly once, at the same time, due to a very legitimate reason of a strong economic downturn affecting their survival/livelihood very badly. Imagine your spouse was having serious health problems, and you just found out you will need to take care of them for a year, right after you just accepted an offer from a company a few days ago. I think it is more than reasonable for that person to rescind their offer and tell the company they have something that's more important and that matters to their survival. And that's not even mentioning that coinbase is paying severance worth 2 months of work (as well as provides job search assistance services, whatever that means) to those whose offers they rescinded. So those people essentially are paid for 2 months of job searching. Still sucks to deal with job search, don't get me wrong. But that severance package wasn't expected and feels pretty fair.

erehweb 4y ago
Thanks for your thoughtful comments. Would I be OK if LinkedIn gave similar tools to recruiters? No, because an applicant has a lot less power than a company. But I can see that recruiters would want that. So why wouldn't we want that on our side? The "hire for a day, then fire" issue is interesting. Companies would tread more carefully there, though. Once you've hired someone, then you have a legal relationship with them. In the US, employment is at-will, but protections for firing due to race, gender, etc. still apply. So there's a lawsuit threat that would make this a dangerous game for companies to play. Other threads claim that Meta did not actually rescind - those were more visa issues. Why is this such a big outrage? Because it's a breach in the norms of how job markets work. Re your analogy - Coinbase would certainly prefer not to have all these people in a downturn. But it certainly has options that the person with a spouse with health problems doesn't have. For example, executives could reduce their compensation temporarily to deal with this. The entering cohort of employees would make Coinbase less profitable, but won't by itself cause it to fail. Do I really think that the CEO of Coinbase would take a 10% pay cut rather than rescind several offers? No. But the point is that Coinbase has options that mean it can do the ethical thing.

claytonjy 4y ago

Is LinkedIn a successful way to advertise jobs? I know it seems like they're all on there, but the last two times I hired, the LI crowd was by far the lowest quality. I got 700 applicants in a couple days (and 1000+ in a week) for a data science posting at a startup in 2019, almost all were entry-level applicants for a senior-level role. I don't blame the applicants, but it was basically impossible to wade through so many as a two-person team (me and the VP of Eng I was reporting to). I think LinkedIn is partially to blame in making it too easy to shoot off another application with near-zero marginal cost. We had much better luck with applicants direct to our jobs page. I'm sure a company like Coinbase with their HR/recruiting resources has a rather different experience, though.

devoutsalsa 4y ago
In the future, it’s pretty easy to filter out unqualified applicants merely by describing what you really need & being clear about it.