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Hiring you could be harmful to executive relationships. Some executives will take the hit for some hires, but it would be rare. The no-hire list is not at the
by 1969-07-16 3y ago
Hiring you could be harmful to executive relationships. Some executives will take the hit for some hires, but it would be rare.
The no-hire list is not at the center of companies refusing to hire from competitors. There is often an understanding between executives that competing in the job market hurts all companies, and they wish to cool talent mobility. Otherwise, there would be salary races, more intellectual property would leak, the culture would get diluted, and more money would need to be spent on poaching people back.
Let me share a relevant experience. Two years ago, I was employed at a large tech company, but not FANGMAN. It had no-hire lists with its competitors. When I applied to one of them, a close friend in management of my former employer let me know the executives got wind of this, and they were upset. Consequently, my application was ignored. And my friend let me know that it will probably always be ignored. It felt very gauche, but there is not much one can do about these situations - knowing and being able to prove it are separate things.
I do not believe no-hire lists exist as an isolated ceremony in large companies. They stem from efforts to cool competition. Executives are often friends and it would be impractical for them to not form cartel agreements. What is a regulator going to do about an unwritten agreement between friends? Many good (but ingenuous) people think that just because "it's the law", so it shall be.
Note - throwaway account, will not respond.
- zelon88 3y agoSo where a union is the concentrated collectivization of labor and talent, capitalization is the dissolution of concentrated collectivization of labor and talent. I like it. It adequately puts goal posts at either end, and illustrates succinctly how anything good for your employer is probably a race to the bottom for the employee.