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From the perspective of a hiring manager at a mid-size company, I'm not at all surprised. I'm having a tough time getting backfills approved when we have volun
by thrwaway1985882 3y ago
From the perspective of a hiring manager at a mid-size company, I'm not at all surprised. I'm having a tough time getting backfills approved when we have voluntary departures, all my opens were cut, and the goal is "do way more with way less".
HR has already frozen salaries - no increases for existing employees, and they're already starting to cut salaries for newly posted positions.
When you do get a position posted you get a ton of applicants: one of my managers hired for a senior SWE and had to filter through over 700 resumes. And you can't meaningfully filter that, at best you take a sample and pick from there, so plenty of good candidates are going to end up on the wrong end of a "select all, delete". This also lets HR be way more aggressive, so offers before that were a negotiation have turned into "take it or leave it" up front.
I mean, it kinda makes sense... ZIRP is over, free money is gone. And plenty of companies are going to be like mine and servicing debt payments from growth and acquisitions with an interest rate that has tripled over time.
The real sentiment right now is "batten down the hatches".
- mikhailfranco 3y ago> "take it or leave it" up front I have also encountered this - salary negotiation with HR/recruiter at first contact. This was before any interviews or coding tests, at a point when I only had the vague job posting as a guide for the role. There seemed to be two filters: a remoteness/WFH/RTO test; and a low-ball salary bludgeon. As Groucho Marx almost said, I'm very glad I don't work for a company like that :)
- thrwaway1985882 3y agoMe too. My company isn't that bad – yet?. But in 2022 I remember employees regularly countering on the offer and squeezing out significant %age increases to base. Now the offer is the offer. Could be worse, I guess. Other managers I've talked to have said that their organizations are actively running the numbers on salary cuts to "normalize" wages after things heated up so much in 21-22.