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This is all very interesting, but is complete fiction for most readers. 99% of job seekers aren’t going to receive competing offers from multiple companies conv
by taklimakan 1y ago
This is all very interesting, but is complete fiction for most readers. 99% of job seekers aren’t going to receive competing offers from multiple companies conveniently at the same time.
- mixmastamyk 1y agoRight, I've received one job offer in the last decade. One. Took me a year and a half of searching to get it. Don't skip the degree or get older. ;-)
- hobs 1y ago3 companies in a row I got recruited by folks from other companies - skipped the degree and about to turn 40, so older is relative - the biggest diff I have had is I am obvious and honest that I am always looking and actively build the network, especially the youngins - I have gotten 4 jobs (and its accelerating given the last 3) from folks I helped teach or train in the past who went on to do something interesting.
- mixmastamyk 1y agoHmmm, the nugget about focusing on younger folks you've trained sounds interesting, I hadn't previously thought of that. However, there have been very few juniors around in my last few jobs. Maybe because they were contracts.
- jckahn 1y agoSeriously. Getting even one underwhelming offer is beating the odds these days.
- echelon 1y agoThis article must've been written in Spring 2022. Tech hiring is now like 2008 or post-dotcom. The question is whether it will return to what it once was. The big tech companies are monopolies, no longer afraid that they have to employ "all the engineers" to prevent competition. ZIRP isn't there to give rise to startups, or to give the tech companies unlimited leeway in development. If interest rates drop or big tech is broken up, we might see a sharp rise in salaries. But now there's also more competition from overseas, both in terms of great talent and competition from large international players. edit: the article was from 2016, and can confirm. I was making bank then and getting free at-work massages, boba, and towel service.
- bdangubic 1y agoyour whole problem is that you want to work at big tech. I still get a whole lot of perks (not massages :) ) working for small private companies making MUCH more money now than 2016… big tech bubble is killing a whole lot of careers these days, tech hiring now is actually pretty good, I get emails from companies and recruiters (even though I virtually do not exist publicly, e.g. linkedin etc…) weekly or less
- MarkMarine 1y agoIf you’re good at running your interview process you will have 3-4 at a time. That’s usually where I’m at, I’m interviewing with 12 and get it necked down to 3 or 4 getting to the offer point. I try to stretch out the fast movers and speed up the slow ones but just be honest with recruiters. You’re in the pipeline with other companies and you’re not ready to respond yet. Edit: I saw other comments. I am both “old” and I have a mechanical engineering degree (not CS) and I do just fine interviewing with startups. I worked really hard at the practice of interviewing, this has more rewards and lower risk than basically any other skills you can learn so invest it.
- fdsf111 1y ago> I worked really hard at the practice of interviewing What did you do?
- shalmanese 1y agoNot the OP but I tell everyone on the market that one of the highest ROI things you can do is just go through your own past career history with a fine toothed comb and simply remember all the different things you did and be able to tell the story of each concisely and informatively (if possible, recall actual numbers and quantifiable impacts etc.). When in an interview, when you're asked a question about your past experiences, the larger the library you have to draw on, the more likely you are to find an example that's relevant and persuasive. Even questions of the form "How would you deal with [hypothetical scenario]", I encourage applicants, if possible, to answer it in the form of "Oh yeah, that's interesting, we had to deal with a very similar case at [one of my previous jobs], here was my approach towards it". After each interview, do a "l'esprit de l'escalier" retro, write down all the questions asked, what your answer was at the time and what you would have ideally answered now given the fullness of time to think about it. If there's a significant delta, that's a sign to go back and prepare more until your "real time" performance approaches your retroactive performance.
- coredog64 1y agoAs terrible as the Amazon interview process is, they’re very up front in telling candidates exactly this: Here are the LPs, come up with stories for each one and make sure it’s STAR format.
- aozgaa 1y agoThis is addressed in the article: > Turns out, it doesn’t matter that much where your first offer is from, or even how much they’re offering you. Just having an offer in hand will get the engine running. > If you’re already in the pipeline with other companies (which you should be if you’re doing it right), you should proactively reach out and let them know that you’ve just received an offer. Try to build a sense of urgency. Regardless of whether you know the expiration date, all offers expire at some point, so take advantage of that. Anecdotally, I have seen this work many times to great effect.
- johndhi 1y agoAs a hiring manager, this might help negotiate pay up if I already wanted to hire you, but if I was on the fence, knowing someone I'm not thrilled with has an offer does basically nothing for me.
- jh00ker 1y agoAs a hiring manager, if I was on the fence, knowing someone I'm not thrilled with has an offer makes me try to figure out what I/we missed and I would reexamine potential gaps in our recruiting processes with the candidate, which are always wrought with biases. And luck is such a big factor (on both the company- and candidate-side) in getting a positive signal.
- dasil003 1y agoAs a hiring manager with over two decades experience I tend not to think this way unless I know who the other hiring manager is, have reason to believe that they are strong at hiring, and that the role they are hiring for is similar enough to mine for it to mean something. That's not to say I don't think about where I might have blind spots for a candidate—as you say, all processes are biased—but I've seen too many bozos in this industry (especially as the money started to become its own draw) to take a random offer as signal for anything. More context is necessary or it's just garbage in garbage out.
- Aeolun 1y ago
- roland35 1y agoSo true. Even companies I've heard back from, it's impossible to predict when. I've has a few take 2+ months!
- briHass 1y agoIt's also quite difficult to manage. I was lucky enough to have 3 companies that all gave me offers (a couple years back when the market for tech was at its peak). It played out like this article recommends. After an offer was on the table, the other 2 kept throwing better and better offers at me. However, interviewing at 3 companies, over the span of 2 weeks, with an existing (remote) full time job was hard work. Likely impossible if I hadn't already checked out at the FT job. It was also mentally exhausting, with how companies like to do multiple rounds.
- lucaspm98 1y agoI agree with you within the scope of top tech jobs. The tech interviews process is fairly uniquely grueling because it's both very high paid (so a costly mistake to hire poorly) while lacking much professional certification. In many other careers the interview process is, if not shorter, at least more behavioral and less mentally draining because you're already pre-screened by licensure or rigid advancement structure of some sort.
- robotnikman 1y agoConsidering the ration of job applications to job offers right now seems to be 1 in 500, your right on point In the current job market, only if your in the top 0.01% will you ever have to worry about this. I really hope things improve but I'm pessimistic...
- ryandrake 1y agoIn a 25 year career, I've never really managed to significantly negotiate compensation upwards, either at the job offer phase or for raises once I'm in. It's always a "take it or leave it" offer and yea, I've chosen to leave it a few times. Recruiter: "Here's your offer for $X compensation." You: "I was actually looking for something paying $X+Y." Recruiter: "Well our offer is $X." You: "This data shows that comparable jobs with the work I'm taking on are paying $X+Y." Recruiter: "Our offer is $X. Do you want the job or not?" You: "Well, I'm not willing to join for less than $X+(Y/2)." Recruiter: "OK, well, bye. We have 35 other candidates lined up to talk to. Good luck." Not sure how it's different when you have multiple offers. The company offering a lower comp will just say "Well, their offer is higher. Have fun at Company B. Thanks for interviewing!" Reading stories of these Captains Of Industry just asking for more and getting it, or getting companies into a bidding war over them is... kind of wild. It's like we're living in different universes.
- palata 1y agoNot an expert, but my impression is that many companies (maybe especially startups) don't say "we offer $X". They will try to ask you how much you expect as early as possible: if that's way too high, they won't even interview you, if it's too low you're screwed because they won't go higher anymore. I don't think I'm negotiating to get a better compensation than what is reasonable. On the contrary, I'm negotiating to get a fair compensation. Some companies (bigger ones) will just say "we hire you for this title, so the compensation is $X and we don't negotiate because we want it to be fair for your colleagues". Then I don't think you can negotiate much, but at the same time they're probably not screwing you. It's just what it's worth to them, take it or leave it.
- bluGill 1y agoat my company the dollars are what they are - take it or leave it. However you can often get an extra week of paid vacation if you ask. You don't eken have to know it is exactly what we can give - the hiring manager wants you and has been told $x by hr but know vacation is an option and will offer it if you just don't say yes instantly.
- 1y ago
- tekla 1y agoYou would have to be incredibly underwhelming to not receive multiple offers simultaneously.
- TheRealPomax 1y agoYou think they're going to check? Just call up the competition, ask them to divulge information about current hiring, which legally can't be divulged? You're negotiating based on potential.
- garciasn 1y agoEvery single time I’ve been job searching (10x) I’ve always had 2-3 offers on the line simultaneously; I honestly assumed this was the norm.
- silisili 1y agoHas that been recently? I've read the market has been brutal lately, but I haven't had to look myself, thankfully.
- dlevine 1y agoI’m job searching right now, and it’s definitely not the doom and gloom that I’m hearing about. I think it’s a challenging environment for developers who are either inexperienced or who have skills that are out of date. I have found that companies are a bit more picky than i remember about knowing the exact tech stack they use, but they are still making offers and those offers are pretty good. Note that I’m applying mostly to mid-sized non-public companies. I’m not sure what it’s like applying to MAANG-types right now.
- bdangubic 1y agothis is EXACTLY where everyone should be applying… too many people are nuts to work at faang, I can live 50 lifetimes and never understand it.
- briHass 1y agoWhen the FAANGs stocks were soaring and they handed out options like candy, even low level devs at those tech companies were making the kind of money usually reserved for medical doctors and attorneys. There was a huge gulf between SV pay and pretty much everywhere else. Now, those companies have mostly lost the luster they used to have, and the comp differences aren't as large.
- dilyevsky 1y ago
- shalmanese 1y agoA priori, this is a very strange assertion. Assume that X% of companies are interested in you and you pursue Y leads to result in X% * Y offers. A large number of people will receive 0 offers and they'll be long term on the job market until they make a change to either X (job hunting strategy) or Y (pool of roles considered). A large number of people will receive >1 offers because they're competitive in the marketplace. Only some tiny number of people will receive exactly one offer unless Y is very small. That many people only receive one offer is more of a sign that they're not strategic in their job hunting approach (which is upstream of them not being strategic in their negotiations) and this is a fixable problem.
- parpfish 1y agoAnd now that so many jobs require hours of take home assignments, it’s even harder to align interviews at the same stage.
- atrettel 1y agoAnd even if you receive two or more offers at once, many organizations don't bother negotiating. One time I received two offers at once, and neither organization was willing to change anything substantive about their offers. In this case, one organization had an onerous IP policy and that other did not. I asked for some carve-outs, and the first organization came back with a single line added to the IP policy that did not change anything meaningful. I told them that I could not accept that offer as written and wanted more changes, but they refused further negotiation and told me to take it or leave it. I waited a few days, rejected their offer, and accepted the other offer. (I think that they were willing to add the single meaningless line to make it appear they were willing to change things without actually changing anything substantive.) The morale of my story is that you may not be able to negotiate a better offer, but at least you have a choice when you have multiple offers.
- soupfordummies 1y agoYeah well at least you tried, sometimes that’s just how it plays out. You might be surprised by how many people don’t even realize you CAN negotiate a job offer. I think it’s a little more well known among tech workers maybe?
- hershey890 1y ago> 99%…aren’t going to receive competing offers Then it’s not for them. You don’t see me complaining about advice for plumbers bc I’m not a plumber. The advice is for the 1%. Anecdotally I know numerous people, including myself, who have been in this situation.
- ianbutler 1y agoI have had this situation multiple times in my life. It was probably a lot more common for tech in the last 10 years especially in the US. Edit: I'm seeing a lot of comments on this thread that has not aligned with my experience. I have, in tech, as a software engineer used multiple offers to increase a lower offer by like 15% for a company I preferred and I have also held an offer on the hook so to speak to use it leverage someone else to good effect.
- jongjong 1y agoYes, our system is a multiverse of psychological distortions and senseless inequality. Some people straight out of university with no skills will receive large offers from multiple companies and will use that to negotiate themselves a big pay package then they will feel good about themselves and feel like they earned it... But in reality it's just an illusion. Companies want to hire people who are delusional and believe that they deserve what they got. Big tech doesn't really need these people or their skills, in reality. They're merely cogs in the big machine. Big tech could easily have found someone better for a lower price; they get so many applications. The whole thing is like a psychological operation. They don't want to build up an elite class which understands how broken the system is. They want a delusional elite class who believe the grotesque myth of the meritocracy. People who don't believe in meritocracy are a huge threat; they cannot be allowed anywhere near the elite because the system is so unmeritocratic, it wouldn't take many interactions to snap the elite out of their comfortable trance. Business leaders start getting imposter syndrome after they interact with people who understand reality. Business leaders sometimes start viewing themselves as mavericks/mafia boss and sometimes start behaving in dodgy ways. It's like if you do something and you later discover that it was causing harm; you can either feel bad and correct your behaviour or you reinvent your self-image as a 'bad guy' and double down on the harm... Most people choose the latter, unfortunately.
- zulban 1y agoIt doesn't seem you read the article completely. It is pretty long.
- paul7986 1y agoBest way I've found is no negotiate tell recruiters and head hunters what you want to make (saying that's what you make currently) when you respond to their initial message. Either the conversation continues where they offer a bit more or it ends.