20 karma · joined August 29, 2014
For example, in London, as someone with no experience, you'll probably have to go with a graduate scheme--mostly at tech companies and banks. But when you apply, you'll be barraged first by cognitive aptitude tests, followed by situational judgement tests, then a LeetCode/HackerRank test. Deutsche Bank additionally requires you to pre-record answers to interview questions that they pose in an e-mail. Perhaps afterwards you'll be invited to an on-site interview where you can repeat the process.
All of this machinery to filter out candidates doesn't scream out that they are that short on candidates.
E.g. the question "All of the labour force must be covered by the state pension" sounds great but glosses over the whole problem of provisioning that money for future generations (Germany's worker/pensioner ratio is supposed to sink to 1.7 in 2050) and certainly doesn't cover potential alternatives like an Australian Superannutation style system.