Re:Ask HN: How's the job hunt going? (For those laid off)
by granshaw on Saturday November 26, 2022 @03:35PM
(#33756433)
We will see, but I think there’s a real chance the former FAANG “market rate” due to their high flying RSUs might be gone for good for Engineering ICs, unless you’re well known in your area
Re:Ask HN: How's the job hunt going? (For those laid off)
by throw1234651234 on Saturday November 26, 2022 @03:23PM
(#33756302)
Definitely interesting to see the perspective from the other side - thank you. It really is a different world. I am a (by all accounts decent) architect and a 23 year old junior (admittedly exceptionally talented) got higher TC at Amazon when he jumped ship after 3 months with us (his first job out of college).
He did ask if he could come back within a week, stating that the work env was horrible, and we told him he is welcome to if he wants, but at the end he decided to stay at Amazon. It's also not like we have a chill team - I just try to make sure people don't work OT unless it's strictly necessary (about once or twice a year). Other than that though, we do expect people to put in their 8 hours on a semi-flexible schedule.
Re:Ask HN: How's the job hunt going? (For those laid off)
by heliodor on Saturday November 26, 2022 @05:12PM
(#33757346)
Equity is also where the downside is!
Re:Ask HN: How's the job hunt going? (For those laid off)
by antod on Saturday November 26, 2022 @06:11PM
(#33757917)
I know what you were trying to say, but calling a smaller company "out of touch" due to not getting close to FAANG compensation in itself seemed a bit "out of touch" to me regarding the business realities of small companies.
I interviewed at smaller companies but the main problem was they were out of touch with TC and unwilling to offer equity, and at least one place was kind of rude about it when I asked. Unless you’re desperate, no one from FAANG is going to work below market for a place that doesn’t give employees a stake in the business. Unless you’re Netflix and you offer dump-trucks worth of cash, equity is where the upside is.