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This brings joy
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.11
Our team really needs some workflow arrangement, and this time it was me who screwed up.
So we have to push an update to the Play Store and the App Store the Friday, the app is well tested on test environment then production environment, we got the ok so I uploaded a build, the app management team then continued the process of publishing..
During the weekend the app was approved and live to almost 500k user that can receive the update.
I got a phone call from the Project Manager at almost midnight, the time was really suspicious so I answered.
- Me: Hello.
- PM: Hi, sorry to call you now but the app is live and we have a problem.
- Me: what kind of problem? Let me check.
So I updated the app on my phone and opened it while I am on call.. I almost had heart attack!! WE PUBLISHED A VERSION POINTING TO THE TEST ENVIRONMENT. Holly shit
- Me: shit call the app management team NOW.
Eventually we removed the app from sale (unpublished it) and we submitted a new version immediately, once it was approved the next day we made the app available again (so for those who didn’t update yet, there will be no update to a faulted version, and no new users landing to a version with test data), I received one or two calls from friends telling me why the app is not on the store (our app is used nationally, so it’s really important).
Thank God there was no big show on twitter or other social media.. but it’s really a good lesson to learn.
I understand this is totally my fault, thankfully I didn’t get fired 😅4
Most people on Twitter:
Pinned tweet is self-promotional in nature, either advertising some accomplishment, something they’re selling, or introducing people to what they’re about as a person.
I am a no-nonsense, ads/marketing-hating person. I use adblockers on the web, modded apps on mobile, disable notifications for almost all the apps, and have the mobile on DND most of the time. I also send most of promotional and marketing emails to spam. the only ads and campaigns that are able to reach me are the forced native campaigns (i.e native ads in the news feed, social media feed, etc)
And I just joined a company whose main product is marketing for social media :/
This is not my first marketing domain company. I interned with video advert company also sometime back when I was a student. The work here in this domain is decent, not much is required since it's a B2B domain and whatever the library provider company couldn't provide, the B2C devs will hack and support on their own.
As a dev, I don't think most people like integrating ads, marketing channels, etc into their software. but being in presence of all the marketing stuff: growth, cohort, funnels audience, campaigns, retention... just ugh2
i feel like as an engineer , i should be building stuff, hobby projects but i don't seem to find a motivation. there is so little reward factor.
i have a dull job and therefore a lot of time. i am also 23 so i should be having a lot of excitement and energy, but am just... out of all that motivation. i want to build cool stuff : some streaming website/app, some social media platform, some cool system apps , but at the end no one is going to use it . why would u use a limited functionality gallary app when you have some very good apps? why would you use a netflix ui clone? what good will a blog website bring which has no blogs?
i am currently capable of making shit projects which are not going to be any rewarding to me, and therefore i do not build them.
i stead i waste my free time playing games that are atleast virtually rewarding :/
social media is becoming such a virus. everyone is like, roaming with a big gun on someone else's head with 100s of "likes" and "supports" on their posts. being a rebel, revolutionary is the new norm while sharing everything personal is so much okay.
case 1 : some girl joking about how her friend got engaged to her bumble match in 30 days of match and got duped
case 2 : some guy sharing his tinder profile listing 10 points of his "ideology and principles that he can't change for anyone" .note that the social media platform in this situation is LinkedIn and this guy is trying to be "motivational"
case 3 : a movie worthy tussle going on between 2 PMs , one from byjus and other from google. the byju PM seems to be some tinder-swindler kind of asshole, while the google pm seems to be a single mom of 2, getting exploited for affection
case 4 : some asshole HR publically calling out a candidate that accepted the offer but later went with another company
case 5 : this 2nd year student sadly calling out microsoft for rejecting him even though he did 1500 leet code questions and they did not asked him from there . guy could not digest the fact that questions could come from dev or somewhere else too. and the height of hypocrisy is the fact that his profile headline read "2x offers from DE Shaw, Adobe..."
case 6 : news of little teenagers commiting suicides because of less no. of likes on their posts.10
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.6
Does anyone interact with posts by linkedin "influencers" or recruiters that isn't an "influencer" or recruiter themselve?
Do people exist that actually use linkedin as a social media site?5
Honestly my midterm project from college. It was never a production project just supposed to go into my portfolio. Who knew that building a functional social media app in 3 months in a language you never knew is actually SO IMPRESSIVE to people that it alone gets you an internship and a job.2
It was foolish of me to connect with my colleague in social media and now I can not rant there. But sad part is LinkedIn because they will know if I viewed.2
I always urge people to bring their own story into their social media content. I try to do that as best I can.
Sometimes I’m happy.
Sometimes I’m bemused.
And sometimes I’m just amazed by the stupid stuff I see around the web.
Alas, today is one of those days. I’m not cranky often, but when I am, it helps to just write it all out. Simmer down now y’all. It’s ranting time.1
"my greatest fear in life is my best not being good enough."
Currently, I am building my second business around blockchain.
I am stacking on using the popularity of cryptocurrency and it's novelty to push the product universal.
My limitation (what I think):
1. My environment - unfortunately I live in a third world country
2. Naivety: I have never scaled a business, failed in my first attempt(this is my second).
3. Lack of fund: my budget is pretty low, and no I dont have a family support to raise any for marekting and promoting the business, so I am let with option of scaling it organically ( what "organically" means is spamming social media, forum's comments section to grow customers
4. Really the only option present: most folks here wont know what it means to be in a state of "survival", failing will cause you suffering.
5. Poor network: My friends, or the people around dont understand, cant comprehen what this means.
1. I get to know what it means to carry your idea to the world again, this I hope will improve my knowledge base on business and make me less naive.
2. Portfolio boost: "wow!" that should be people's reaction when I tell them about the project.
3. If I succed, I hope the incentive will take me out of this shit hole.
4. I really want to get out of this shit hole - this should work!2
you know, i sometimes feel that whenever i think of a great idea, i start with such a bang, but end up losing motivation and therby delivering a very small scale personal project.
i have made some good apps in the past, some of which have so loyal users that they even mail me to this date. , and i then release an update for them.
those apps were made on an idea that would solve my problem, but i stopped using them. but somehow a few people had similar problem. somehow my app solved for them and somehow they are using it.
i wish i could not burst all my crackers during the development phase only. comparing this to my office work, the office work is still better.
In there, am responsible for delivering a specific output in specific timeframe (say a jira sprint) and if i complete something early, then no one wants me to pick future stuff.
instead i got this limited, exploration period where i can experiment with the codebase, add changes to my liking, get them reviewed / merged if they look good and that's it . once that exploration period is over, i have to pick the task of that weekend/sprint.
I am timed to deliver some stuff in some timeframe. in personal project, i want to put in everything "until its over" .the dev would be made in 3-7 days, with sometimes more than 24 hours per day being on the project, and the poosh! i will deploy it to playstore, market it on social media , and forget about it.
don't know what can be improved in here to make myself more happy with my personal projects? getting feedback/recognition keeps me on my toes
anyone has any tips for this kind of mind-blockage?2
Do you ever feel like you're not deserving of any kind of following on social media? I have a very small following and I don't know why. I did publish some open source software and wrote a few blog posts but I don't think I should be followed or have followers. I keep thinking I should remove the followers and hide myself or make my accounts private.2