Leetcode and other hazing-based hiring practices.
Shitty office space (when onsite is required).
Shitty communication during the hiring process itself - random delays, ghosting, ignoring my stated scheduling preferences, inability to communicate simple, important things like what kind of health benefits you're offering (in your exploding offer you coughed up after 6 weeks of radio silence, no less).
Nonsense perks like "unlimited vacation" or free food.
A lack of willingness/ability to communicate what's important about the role and the kind of person you really want to hire (smart, gets shit done, not an asshole). Instead of fetishing 5-10 year of XYZ or larding with buzzwords.
Recruiters. Everyone hates them.
The tldr for me is an acute lack of *qualified* suckers that will just bow their head whenever yet another 1% cost cutting measure is taken.
On top of this this a small number of companies operating in the Bay Area now make up a sizeable chunk of the global economy. Their revenues and profit margins are so large that they can afford to pay sums that are quite high compared to what other employers were typically used to paying. These large tech companies also have effectively an unlimited demand for talent so this drives up prices quite a bit, especially at the top of the market.
People in tech often have pretty comfortable jobs too. Switching costs are high. They already have a good job, they might even already have a great job - it's hard to lure people away from that.
In the current environment, it's a competitive advantage to be the place where people want to work. I don't mean foosball tables and beer on Fridays. I mean managers that have a clue, and aren't a jerk to employees.
Nowadays I’m still involved with development working as Product Owner.
Throughout my career I have been seeing tech in high demand. Developers never becoming unemployed unless they want to and at the same time, companies struggling to hire.
I was just wondering if there’s something I could do to help both sides of the equation.
There are a number of likely reasons:
1. The demand side of the economy picking up faster than supply. Many businesses were not producing during the pandemic. But consumers had few expenses and sat at home accumulating cash. When things open up, every consumer surges on the market and there’s no supply or people to fulfill those needs.
2 - Unreliable child care: schools and education haven’t been reliably open. Many are not going back to work cause they’re taking care of the kids.
3 - Many re-examining what they want out of life. There’s a lot of people that sat back and decided their prepandemic job wasn’t what they wanted out of life. Some moved industries, others retired early.
I found this article helpful when looking at reasons: https://www.cnn.com/2021/05/22/politics/what-matters-labor-s...
1 - https://www.forbes.com/sites/tomspiggle/2021/07/08/what-does...