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> how much money that would save the big tech companies It would directly save them money, but it would also remove a significant source of leverage in salary
by yunwal 2y ago
> how much money that would save the big tech companies
It would directly save them money, but it would also remove a significant source of leverage in salary negotiations (if you don't get a job, you won't be able to get decent health insurance). In the end, it's probably better for companies that can afford to pay for health insurance that people are forced to rely on them for it. It gives them an anti-competitive edge.
- redserk 2y agoI seriously doubt the overwhelming majority of candidates are asking for the detailed coverage information from the company's health insurance. I did this twice as I have specific needs with coverage. Both times were with in-house recruiters, and both times I was met with a rather confused face. So in an imaginary world, sure I can see this maybe playing out. In practice? Not a chance.
- scarface_74 2y agoSince the ACA, all health insurance coverage from companies with at least 50 people has been good enough. At this point, what I did ask about was the cost of insurance when I talk to the first internal person, usually HR. That is going to determine comp conversations.
- redserk 2y agoDepends what you need covered. Not all medications are reasonably covered by all plans. Good luck if you’re unable to take the medication that your insurance pushes you to take. The appeals process isn’t necessarily easy, even with doctors involved.
- yunwal 2y ago> I seriously doubt the overwhelming majority of candidates are asking for the detailed coverage information from the company's health insurance. No, but having an additional thing that makes you fear unemployment helps them, both in salary negotiations and in retention.
- barbazoo 2y agoI doubt the average Meta employee has to worry about finding a job so is this scenario actually realistic?
- scarface_74 2y agoThe market is a shit show right now even for those coming out of BigTech. There are thousands of them being laid off and working for one isn’t really that impressive anymore if it ever was. Besides, they may have to sully themselves and become an “enterprise developer”. Besides that, they probably have a lifestyle that requires them to make top of market.
- barbazoo 2y agoGood point. I always assume others in tech also manage to live well below their means.
- yunwal 2y agoMeta laid off 5% of it's employees just a few days ago