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.

Every day my faith in humanity grows lesser and lesser, and my fear on how to live in this world grows more and more.

So glance is an Indian company that has partnerships with brands like Xiaomi and Realme in the manner that their app can show wallpapers (and ads) to users without even opening the lock screen. being a privacy-focused person, I got irritated with it when I bought a new $300 phone and saw it on my first unlock. but in my expensive device, I had an option to turn it off in settings.
however, I then bought a cheap $100 phone for my dad and it didn't had those options; in fact, it had a stupid game center app that would install more crap on his device and hang his low end device even more.

The world is going crazy right now.

earlier there were a few rich people who would never get exposed and if they do, they would be publically shamed and would indirectly play a great role in uniting people against them and their malpractices (checkout : https://amazon.com/Generation-X-Sea...), therby evolving the human community as whole

however, every 3rd person on the block nd every next is now earning a decent amount , either by hook or crook and most will agree that malice is the way of getting the things you want and getting stuff done.

- Be it the cop next door who is taking bribes for getting to work.

- Be it the devs next door doing moonlighting for multiple companies.

- Be it the government (and the people working with them), running targeted social media campaigns and buying puppet press to gain support and incite communal hatred.

- Be it the stock/crypto traders, trying to run hype trains and insider infos to gain off foolish first timers

- Be it the vicious entrepreneurs, trying to splash those targeted ads on the face of us and coming up with newer ways to monetize every step we take on internet via xyz-as-a-service

Manipulation and trickery is now the main skill required to live in the world. lion eats the deer and fox eats the rabbit, but we are the first evolved "apex" predators that wants to eat our own kind to benefit.

Being born in India, the land of so called "culture" and "most evolved heritage" and that too in jain-hindu family, I have been fed with a lot of stuff deemed "Good" and "Righteous" .
But i don't feel like they are relavent in the modern vicious world :The values of being a vegetarian and not harming animals, kindness and hardwork, righteous person caring for the minority/equal rights, concern person voicing for privacy, helpfulness, spritual prayers, etc all feel useless when i can simply create an anonymous account, chant "death to minorities", incite violence , kiss some superior's ass and get all my work done from someone more feeble via my goons.

If the land of a million gods can also be the land of most communal violence, rapes , sexual abuses , crimes and fraud, with even the modern startups and the so called millenal generation accepting and adhering to this vicious ethics , then what's the point in being a so called "good person" ?

the whole pond is dirty and is being dumped with even more dirt, every good fish is eventually gonna turn vile.