> I had a interview in 2021 where I had to do a 1.5 hour timed exercise, that apparently isn't sufficient, so their interview pipeline has 3x1hour additional live coding sessions with engineers. Over 4 hours of coding just to prove I can write code up to their standards. Then another 3+ hours of behavioral interviews, meeting the team. Multiply that by the ~5 candidates you interview per position multiplied by each position you hire for in a given year.
... and then, after wasting thousands of dollars per candidate, many companies opt for RTO policies to "trim fat". Yeah, makes sense if you're an accountant / stock market analyst only focusing on capex vs opex and long-term liabilities (which employment contracts are everywhere but in the US with at-will), but from a holistic viewpoint it's all an utter waste.
Assume 30k of hiring costs related to filling any new position (and that's on the lower end), it makes zero sense to not grant existing employees even 2 grands a year in wage increase... but here we are. Financial games have ruined everything.
... and then, after wasting thousands of dollars per candidate, many companies opt for RTO policies to "trim fat". Yeah, makes sense if you're an accountant / stock market analyst only focusing on capex vs opex and long-term liabilities (which employment contracts are everywhere but in the US with at-will), but from a holistic viewpoint it's all an utter waste.
Assume 30k of hiring costs related to filling any new position (and that's on the lower end), it makes zero sense to not grant existing employees even 2 grands a year in wage increase... but here we are. Financial games have ruined everything.