Not to mention all the economic reporting that is completely messed up by this. Job openings are something that is tracked, and policy can't adapt if literally every company is saying they're hiring like gangbusters but nobody can get a job.
Not to mention all the economic reporting that is completely messed up by this. Job openings are something that is tracked, and policy can't adapt if literally every company is saying they're hiring like gangbusters but nobody can get a job.
Edit: I can't find the article. Maybe I am confusing it with this thread: https://news.ycombinator.com/item?id=41112855
throwing up a bunch of job adverts up on a low cost platform is comparatively simple and requires no real activity after putting them up; just ignore the emails.
Indeed. And handsome whistleblower bonuses (i.e. enough to retire on) should be paid to individuals who are in a position to report the company principals to appropriate authorities (with easily obtainable evidence of course), so that they can be dealt with accordingly.
Instead of just casually mentioning to others at the water cooler that this is what their client/employer was doing, as if it were just one of those things.
Is this money coming from the government or the company?
Because I’m guessing the startup using fake job postings to signal growth probably doesn’t have enough runway to cover the handsome retirement of a 30-year old.
What are you going to do, rat on your employer to get money from them they know they can’t pay so they just go out of business and you lose your job?
Just because they can't pay it doesn't mean there shouldn't be repercussions. That would be like saying that a person can't be fined because they don't have the money. AFAIK the judicial system will happily levy costs on you that you can't afford, and it is 100% a "you problem".
This is why I don't understand people who are against the death penalty and punishing mandatory minimum sentences. As you correctly point out, harsh retribution is a good deterrent.
Really? I thought death penalty is typically reserved for premeditated acts where the criminal did actually think it through.
Until we can get into the criminal's brain we can't know the extent to which they thought it through.
We're just basically saying, "Anybody would know that they shouldn't kill somebody and it seems like they probably thought about killing this person before they did it."
I doubt there's going to be a stat that satisfies you here, but this one is interesting:
https://deathpenaltyinfo.org/facts-and-research/murder-rates...
I haven't ever seen non-anecdotal evidence (flimsy or otherwise) that makes me think the death penalty acts as a deterrent.
Sure we can, based on their actions. For example, we know that the guy that killed 60 people in Vegas planned it out ahead of time: https://en.wikipedia.org/wiki/2017_Las_Vegas_shooting#Prepar....
I'm not the one saying that the penalty works as a deterrent. It probably didn't in this case since the guy killed himself. Although he may have preferred death to a life in prison.
What about a situation where someone kills their wife after work one day? How will you know if he had thought about it for a while or just snapped? Obviously you will look at the evidence and see if there was clear evidence of planning or not. But if there's not how can you be confident in whether it was planned?
> I'm not the one saying that the penalty works as a deterrent.
Good, because it doesn't.
> What about a situation where someone kills their wife after work one day? > Obviously you will look at the evidence and see if there was clear evidence of planning or not
Right, and in this court can choose not to execute him based on this uncertainty.
The problem with death is you can't undo it. If you mess up, including systemic mess ups, it's over.
Much of this tomfoolery will quickly end if you actually start holding people accountable. Giving some corporation a fine is not that.
Not equivalent to the most attractive exit they hope to make (if they stayed with the company and if it paid out), of course -- but enough to make it worth their trouble, to hedge the diminished employment prospects that will be incurred as a price for sticking their neck out, and to convince these companies that they're running a significant risk in pulling shenanigans like this.
Not everything we don't like should be illegal.
This sounds like the kind of thing that is incredibly unenforceable anyway. How do you differentiate between "we're not actually hiring" and "we simply have a very high bar"? How do you do it in a way that doesn't impact the economy too much (like forcing employers to do stupid things like auto-write everyone back and waste even more of their time in order to appear to actually be hiring)?
I'm not saying this behavior isn't bad, to the extent that it actually really exists. I'm just not sure making it illegal is the right move. Why not let the market take care of it? You can usually see if a company is growing or not. If this becomes such a common phenomenon that that's a problem, you can usually explicitly ask, or there will be industry sources that can tell you if a company is growing or not.
The market isn't actually very good at fixing issues like these, and in fact caused the issue in this case (defrauding investors makes number go up which makes market happy but people sad), which is why you would regulate it.
From a "fraud" angle I could argue that it should still be illegal. You're signaling to your investors that you're growing but you're really not.
Fake numbers are a real thing. 9 openings and only 1 real opening? So you're inflating your employment growth by a factor of 9? How is this different than Wells Fargo opening 9 phony, automatic accounts per customer to inflate their growth?