Was there a tech-hiring bubble? Indeed.com job postings data suggest so

Re:Was there a tech-hiring bubble? Indeed.com job postings d... by Retric on Wednesday March 15, 2023 @09:15AM (#35167858)

The point of company perks is to convince people to forgo more salary than the perks costs the company. On-site baristas are cheap, but they seem really expensive. In the end it’s a subsidized company cafeteria which has been a thing for the last 100 years or so.

The amount people care about free snacks is vastly out of proportion with the actual cost of providing free snacks. That’s great because young people making ~200k don’t really care much about slightly more gold plated health insurance coverage relative to how expensive it is.

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Re:Was there a tech-hiring bubble? Indeed.com job postings d... by lukas099 on Wednesday March 15, 2023 @10:45AM (#35169077)

> The point of company perks is to convince people to forgo more salary than the perks costs the company.

It's also that the company can provide these things to all employees for less than it would cost for every individual employee to buy them by themselves.

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Re:Was there a tech-hiring bubble? Indeed.com job postings d... by lukas099 on Wednesday March 15, 2023 @11:31AM (#35169854)

Also, providing lunches and coffee saves company time from employees sneaking out to go get lunch or coffee.

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Re:Was there a tech-hiring bubble? Indeed.com job postings d... by MathMonkeyMan on Wednesday March 15, 2023 @08:03PM (#35176394)

I always assumed this was the reason.

On the other hand, if you're going to have a communal coffee machine, might as well have a bunch of other stuff and then pay dedicated staff to run it, for the convenience of everyone else.

Maybe it's copycatting of the college dorm startup vibe, too.

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Re:Was there a tech-hiring bubble? Indeed.com job postings d... by coldtea on Wednesday March 15, 2023 @06:08PM (#35175405)

I can help with that, but that it's not it's aim.

The company could not care less about employees paying more for those.

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