Goldman Adds Pay, Perks in Silicon Valley War for Tech Talent | Hacker News Reader

Goldman Adds Pay, Perks in Silicon Valley War for Tech Talent

bloomberg.com

17 pointsJSeymourATL12 comments

> That would probably climb to more than $100,000

$100k for talent in NYC is not good.

For entry level, 100k is rather good.

If you consider all entry level engineering jobs I agree 100k is good. But I don't think GS is targeting all entry level engineers. They are targeting those that are considering Google, Facebook, Uber, AirBnB, etc. For that segment of the market, 100k is the minimum bar, plus you'll probably have to through in a nice signing bonus.

They will never be able to offer the freedom of silicon valley.

What freedom is that?

To get a similarly paying job soon without changing location.

Freedom to have a nap or work odd hours or work remotely. Freedom to wear the clothes you want. Freedom to leave your google job in the morning create a startup in the afternoon and get funded during dinner and have the company fold before last call.

You have the freedom to start a side project and find success or fail. You have the freedom to give something back to the open source community.

At some smaller places you can eat lunch with the owner beat them at pool and have a laugh over a beer on some sunny friday afternoon.

All things not possible working at gs because you work 16 hour days. The goal is to try to get a leg up on someone else because everything is based on the annual bonus.

Goldman relaxed it's dress code for tech employees: http://www.reuters.com/article/us-goldman-sachs-technology-i...

I think banks are realizing that changes need to be made, so they're happening, albeit slowly.

non-competes for one

> It’s using HackerRank, a web platform that trains and grades people on writing computer code

What is HN's opinion on HackerRank and the like?

I used it recently while preparing for interviews. I really liked it, especially their challenges which pair a small lesson with a coding problem. If you work your way through the different "tracks" it's a great way to focus on a particular area.

Also, I had the best experience while doing technical screens on HackerRank, every other platform had issues of one sort or another.

Bollocks for 90% of jobs out there as its completely irrelevant.

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