3 ms·
All it takes is for one of the big firms to go on a big hiring spree and the others will follow.
by msie 3y ago
All it takes is for one of the big firms to go on a big hiring spree and the others will follow.
- wahnfrieden 3y agoEveryone is enjoying the ongoing industry-wide wage suppression too much to want to jump back into rapid talent acquisition just yet
- echelon 3y agoProbably not until IRC 174 is fixed. You can't write your employees off on taxes anymore, but have to amortize them over four years. https://www.stambaughness.com/blog/amortize-research-and-development-expenses/ https://www.stambaughness.com/blog/amortize-research-and-dev... Lovely new little wrench in everyone's plans. Plus many companies hired going into Covid, thinking online was the "new normal". They're returning to a healthier headcount now. Plus they probably let go those underperforming certain metrics or backing unproductive initiatives. Though that should have no bearing on hiring, it will. Plus it's no longer ZIRP. That's a lot of hiring headwind.
- nerdawson 3y agoMultiple references to R&D at the end suggests to me they’re pointing to 174 as a factor.