4 ms·
There’s an odd dynamic in the market right now. In addition to layoffs, people who are subject to RTO are trying to find jobs at remote employers, so there’s an
by projectazorian 4y ago
There’s an odd dynamic in the market right now. In addition to layoffs, people who are subject to RTO are trying to find jobs at remote employers, so there’s an abnormally high number of already-employed folks on the job hunt right now. Not to mention all the juniors having trouble finding work at the moment.
Meanwhile remote employers are seeing less employee turnover, so don’t need to do much hiring, especially since many grew headcount considerably in 2021/2022. Which means many of those people looking for remote jobs aren’t finding a lot of success. (We’re remote and hiring for backfills only right now, not that there are many of those - and I suspect a lot of other companies are in the same spot.)
Remote roles are likely over-represented on HN, so if there are a lot of candidates chasing those roles, you’d expect a lot of growth in “who wants to be hired” posts.
I’d expect this dynamic to shift in the back half of the year. People are finding out about promotions and comp changes around this time and many will be disappointed. This will likely cause a lot of people sitting tight at remote companies to get back on the market. Some will find roles elsewhere, creating more backfills and more hiring.
Not to mention that there’s a glut of late-stage companies seeking to IPO when the IPO market reopens, likely later this year or early next. When companies IPO they usually hire a lot beforehand to tighten up processes, then do even more hiring a few months later as existing employees get their exits and decide to move on or take a break.
So the medium/long term outlook is still positive, at least.
- 71a54xd 4y agoIt also seems like the market has strongly skewed to the senior side of things (8+ yrs exp).
- Workaccount2 4y agoOur entry level guy is GPT-4.
- baremetal 4y agoYeah it's like having a junior you can hand small bits of code off too.
- dangwhy 4y agothats why i am seeing. And it was mostly young people that YOLO relocated to hawaii and breckenridge that are now looking for remote jobs so its double whammy for them
- wyclif 4y agoYep, I'm currently on the market and I'm seeing a lot of requests for impossibly high years of experience if you're a junior.
- gopher_space 4y agoFrom my perspective few of the projects asking for this level of experience require it. I have no idea why people aren't recruiting curious randos off the street at $60k a pop, but I'd imagine that onboarding looks complicated if you can't tell the difference between infrastructure jank and your actual job.
- UncleOxidant 4y agoI still see plenty of remote jobs to apply for on LinkedIn, but I have noticed that there are a lot more applicants now. A few months back it would often be single digit numbers of applicants. Now it will often be well into the double digits of applicants.
- atraac 4y agoThose numbers mean nothing. They are borderline rand() sometimes, in most cases when there's an external application form it will count you as an applicant right after clicking. Whether you actually applied doesn't matter.
- WinstonSmith84 4y agoI'm afraid it's not the only explanation (economy), but it's still a very good reason. Looking at myself, I've been working remotely for the last 7 years and there is just no way back, even if another company would pay me 2x or 3x more. Remote working is a massive perk and thanks (due) to Covid, a lot of people became aware of this.
- mythrwy 4y agoYes. Additionally I'm not moving across the country to live in a strange and expensive city to work on your CRUD app. There is no way back, even at 2X or 3x more.
- hdjjhhvvhga 4y agoThe salary I get now (working remotely) allows me to work for 3 months and relax for 9, should I desire to do so. I guess if someone offered me 9X more for working in the office, I would agree - but I'd quit after 3 months to enjoy my freedom for the next 3 years. (Or, what is more probable, take a less paid but remote job as I enjoy doing what I do and want to stay competitive in the market.) Less than that - sorry, I'm not interested.
- moneywoes 4y agoAmazing. Are you in a low col area?
- hdjjhhvvhga 4y agoI've been working in tech for several years so my salary is quite decent. My main cost is rent, around €800. I cook myself most of the time. My second half is working full time which gives us another layer of security. Until recently, the other major cost was the education of my kids, but fortunately that expense is now gone.
- recfab 4y agoI'm not sure I could go back to in-office work, but also moving cross country isn't even feasible for me at this stage in my life, even if I wanted to.