This brings joy

https://reddit.com/r/technology/...

Bypass paywall:

A series of scandals and missteps has damaged Facebook's reputation so much that the company is being forced to pay ever larger compensation to hire and retain workers, according to industry recruiters, former employees, and data reviewed by Insider.

The company has always competed aggressively for talent, and the tech job market in general is on fire. But a deteriorating public image means the social-media giant now has to outbid other major tech companies, such as Google.

"One thing Facebook can still do is pay a lot more," said Jose Guardado, an experienced tech recruiter and the founder of Build Talent. "They can easily throw more compensation at people they currently have, and cover any brand tax and pay a little more to get people to come on."

Silicon Valley companies thrive or whither based on their ability to recruit the smartest employees. Without a steady influx of engineers and other technical experts, new products and important updates take longer to release, and rivals can quickly get ahead. Then there's the financial cost: In 2022, Facebook projected, expenses could jump as high as $97 billion from $70 billion this year, in large part because of "investments in technical and product talent." A company spokesperson did not respond to a request for comment.

Other companies, and even whole industries, have had to increase compensation to overcome hiring and retention problems caused by scandal and shifting public perceptions, said Alan Johnson, a managing director at the compensation consulting firm Johnson Associates. "If you're an oil company, if you make cigarettes, if you're in cattle or Wells Fargo, sure," he said.

How well this is working for Facebook is debatable as the company has more than 4,300 open jobs and has seen decreasing rates of acceptance on job offers, according to internal documents reported by Protocol. It's also seen dozens of high-level executives leave this year, and recruiters say employees are now more open to considering jobs elsewhere. Facebook used to be a place that people rarely left, given its reach, pay, and perks.

A former Oculus engineer who left last year said Facebook could now be seen as a "black mark" on someone's career. A hardware engineer who exited in 2020 shared similar sentiments: They said they quit because of concerns about misinformation on the platform and the effect of that on children. Another employee said their department was dissolved in late 2019 by Facebook and, although the company offered another position that paid more, they left last year anyway for a different industry. The workers, and many other people who spoke with Insider for this story, asked not to be identified because of the sensitive nature of the topic.

For those who stick around and people who take new jobs at Facebook, base pay and stock grants have gone up a "sizable" amount in the past year, said Zuhayeer Musa, cofounder of Levels.fyi, a platform that collects pay data based on verified offers and compensation disclosures.

During the second quarter of 2021, the median compensation for an upper-mid-level engineer, an E5, was $400,000, up from $380,000 a year earlier. For an E4, the median pay jumped to $276,000 from $256,000 in the same period. For both groups, the increases were double the gains between 2018 and 2019, Levels.fyi data showed.

Musa, who's firm also offers pay-negotiation coaching, said previously that the total compensation ceiling for an E5 engineer at Facebook was $450,000. "We recently had a client get up to $510,000 for E5," he added.

Equity awards at the company are getting more generous, too. At the group-director and VP levels, Facebook staff are getting $3 million to $6 million in restricted stock units each year, another tech recruiter said. Directors and managers are getting on average $1 million a year. In engineering, a high-level engineer is getting $600,000 in stock and a $75,000 bonus, while even an entry-level engineer is getting $50,000 to $100,000 in stock and a $20,000 to $50,000 bonus, Levels.fyi data indicated.

Even compared to Google, Facebook's stock awards are generous and increasing, Levels.fyi data shows. While base pay is about the same, Facebook offers more in stock grants, significantly increasing total compensation. At Google, entry-level equity awards range from $20,000 to $38,000, while Facebook grants are worth $40,000 to $60,000. Sign-on bonuses at Facebook are often about $50,000, while Google gives about $20,000, according to the data.

"It's not normal, but it's consistent with the craziness that's happening in the market right now," said Aalap Shah, a managing director focused on the tech industry at the consulting firm Pearl Meyer.

Welcome to post 2 of WHY WOULD I WANT TO WORK WITH YOU?, a saga of competence, empathy and me being dick, even tho I didn't want to be one.
This is a follow-up to: https://devrant.com/rants/2363374 It's title is: "Oh, you can post only every 2h. Didn't know that". I also didn't know that the rest of my rant would be put into a comment. For consistency tho, this time I am still splitting the story.

A wise person once wrote in their book: "People judge other people by two things: Empathy and competence." This may not be an accurate quote, but it carries the same message. Also, I don't really remember who was the author. I only know they were probably quite wise. Anyway, I just wanted to share that sentence. Have a moment and think about it. Or don't. Here's my story:

A was a software house that looked pretty promising. They were elegant, their page and offer looked nice. Well, unless you consider the fact that they offered me internship. Unpaid. But I decided to meet with them anyway, since I had hope that I could negotiate some sort of paid internship or a job contract even. I did my homework after all, and I was confident I am able to keep up with their requirements. I arrived a little bit... no, way to early. One damn hour. Whatever, I waited. I was greeted by a woman. We had a cultural conversation, she had a list of 12 questions I needed to answer, as a form of a test. We begun. First question: How do you change a value in Oracle Database? "Wait a minute", I thought, "What kind of question is that?". Why in seven hells would you want your frontend developer to know how to handle oracle db? Well, I gave my answer, I did lick some of that SQL in my life. Next question: Java stuff. The bloody gal didn't even care to check what position I am applying to before the interview! At this point I didn't really have very high hopes. A shame on them forever.

The story of B and C is connected and a little bit more complicated. More on that in part 2. B stands for Bank. A big corporation then, by definition. A person I know decided called me that day and told me they're hiring, that he referred me and that they would like to arrange a meeting. And so we did. It was couple of days before Christmas. C was a software house again. Or a startup. Idk really. Their website wasn't finished so I couldn't read anything useful up on them. They didn't tell me much about themselves either. They also started with "unpaid internship".

In C, they would greet me and instantly sit me down next to a mac laptop and told me, "hey, do this stuff in python". What the fuck, not again... I told them that I am frontend dev, they guy said "it's no problem, you said you know python, it's a simple task". And yeah, I did host some apps in Flask and I did use psycopg2. It was in my CV. But never, ever, have I mentioned knowing heuristics nor statistics. I'm no data scientist, monsieur. Whatever, I tried, I failed a little bit, I told them that maybe if I did want to spend half of my day there I would finish this task, but back then I was way too nervous to focus and code. I told them what should be done in code and that I just was unable to code this at the very moment. They nodded, we said goodbye and I was sure not to hear from them ever again.

In B, I was greeted by a senior frontend dev. He told me the recruiter is sick and he couldn't come, so we're talking alone. I can buy it. We sat down in said meeting room, and he asked me if I wanted a drink. No thx, I had digested so much caffeine during last 24h, next dose could be an overdose. And then, he took out my resume printed in paper. With notes on it. With some stuff encircled. That bloody bastard did his homework. We spent over an hour, just talking in friendly atmosphere. It was an interview, but it was a conversation also. We shared our experiences, opinions and it went just perfect.

On December 20, I was heading home for Christmas. My situation looked like this: A called me they could offer me only unpaid internship. I was getting kinda bored of rice and debts, tbh. I gracefully rejected their generous offer. B didn't give me feedback yet(it was a most recent interview, so I didn't expect any message until after Christmas anyway). C told me that they could give me internship, but I managed to convince them to make it paid internship. After three months of very bad times, things were starting to get better.

On part III we will explore further events of my very recent past. That post will be same amount of storytelling and possibly a lesson for those who seek an employer and for those who seek an employee.