The job market is really great right now. If you're getting laid off, now is a good time.
The job market is really great right now. If you're getting laid off, now is a good time.
Getting hired is not a problem - getting a really nice job though is much more difficult, especially due to all of the companies that like to talk a nice game but are disguising weak aspects of the company such as leadership/management, quality engineering, work-life balance, etc.
An aside, that popup iframe with video on the top as you scrolled down is one of the most annoying dark UX patterns I've encountered in a news site. It is one of a handful times where I used Chrome's element inspector to set display: none.
Can you explain this further? If by "high demand JS engineer" you mean "front end" and not just node (which is not bad or anything btw), and by "high demand" specifically you mean you are: * you understand JS well, doesn't mean we get to grill you on all the weird corner cases - but you understand the language * want to work with a modern stack (i.e. react, flux/redux/whatever, backbone, that sort of thing) * are mature and want to help grow a team, can communicate with PMs and all that effectively
we'd kill to hire you (250-300 person company.) Every friend of mine that has started a company asks me every time they see me if I know a good front end person (that isn't busy counting their RSUs at Uber, etc and isn't going anywhere.)
Our company (in general) and team has more than one designer focused on bringing a good experience to the table, before it even gets to the code level. To translate, that doesn't mean our reqs go from sales person to "make it do this now, code monkey", but rather we want to make good, long lasting products, in a thoughtful manner. And still, finding someone is tough.
So I find it hard to believe the hiring market for what you describe isn't great.
Personally, my experience is all back end. I consider myself a good engineer in general, and feel I could ramp up to being a decent front end engineer in 3-12 months time depending on how much depth we're talking, but think that things are specialized enough now that that would be a waste of effort, and plenty of people would still be better than me. However, from what I've seen, being a F.E. eng that understands CSci and what's happening under the hood should make you SUPER in demand right now.
I'm not trying to make this a hiring post, but if you'd like a fun job with a decent company trying to expand its front end capacity on this coast, with a relatively green field project (i.e. you get to build new stuff), and at a place making real money, not just selling to other startups, and not in a moon shot social space, PM me. If not, I'd still be curious why you think being a "high demand JS engineer" isn't a good spot to be in in the current market.
Finding a job is still pretty easy - I don't dispute that. Finding one that pays competitively, respects work-life balance, and focuses on quality of engineering & getting product right, even if it means pushing deadlines a little later is much harder I've found, unless you look to the Google/FB/Netflixes. My current job meets most of those bars (a little less on the salary side, but I was willing to accept that for everything else), but only dissatisfies me on wanting to move faster & having more influence on tech choices.
While there are no shortage of companies that want to hire, most haven't put their best foot forward I've found. The market is still good for software engineers, but it's noticeably not as compelling as it was just a half year ago - I feel like the balance has tilted a little more to the employer's side in the employee/employer dynamic.
I left Zenefits in December and had three job offers after about a month of looking, and they were all high-growth Series B/C startups.
Happy to connect you to any of the places I talked to if they're interesting to you, contact info in profile.
I honestly hope these companies start culling these non essential employees. When I left the valley, they were one of the biggest reasons. They were affecting the local intelligence culture in a very negative way.
As a developer, I appreciate the role recruiters play. Reaching out cold to people isn’t easy and the fact someone else spends time on this while I write code is great. And the fact that my LinkedIn has multiple leads from people about job opportunities should I want to move is fantastic. Are we so spoiled to scoff at people offering us jobs when so many people can barely find quality work.
Certainly there are some shady players, but not really more than I’ve seen on the Engineering side, and my main issues have been less with recruiters and more with the hiring managers who the recruiters work for. “Oh, your rocket ship hasn’t grown revenue for 6 months straight yet you told me 100% YOY growth.” It was two directors of engineering and not a recruiter that lied to me about growth at a well respected YC startup. I blame the people crafting the message more than the messenger.
We have this problem in Boston right now. We're building and it's doing nothing to the rents because it's being snapped up by foreigners.
Also, sales are open record - you might look at buyers with Chinese surnames that lack Americanized first names.
We've been here before: back in the 80s, Japan was buying up most of the real, tangible assets in the U.S.
http://www.businessinsider.com/japans-eighties-america-buyin...
The cause was the same: strong export products, an undervalued currency, and easy-money policies. The first signs of trouble were the same: high inflation, crony capitalism, and poor transparency in the market. Let's see if the rest of history plays out the same way.
Prices won't really go down unless people are forced to sell.
That said, I have sympathy for the LinkedIn engineers who were holding all their stock for a down payment. That's gotta hurt.
Both kinds of demand could easily be clamped down upon by raising property taxes - the victims of which would be wealthy foreign investors and people who have sat on one of the largest increase in property values in history.
Likewise, supply could be increased if local government were at all interested in doing so just by building 10,000-20,000 low income apartments.
If the government announced both, the cost of San Francisco housing would plummet within days.
If technology professionals ever find themselves in a position where minimum wage regulations are relevant to their incomes, we'll have been through something far worse than a few layoffs.
The myopia of tech people is really mind-blowing sometimes...
EDIT: phrasing.
No. Engineers are spoiled during up time because the market, so we have to bear the correction during down turn which is also from the market.
If a company goes bankrupt and it lays people off, it doesn't mean that salaries all fell, it just means those employees' salaries dropped to $0. This is what happened to you. I got modest salary increases during the same time.
http://www.bls.gov/opub/regional_reports/200908_silicon_vall...
If the data for this specific range is available, I'd love to see it. Perhaps I missed it.
This is not what happened to me. I kept my job, but my salary went down.
Various companies also enforced extended shutdowns (over Holiday periods). If you had no vacation left, you didn't get paid. This is effectively a wage cut.
I am aware that wages are "sticky" and companies would rather lay off than cut salaries. But the statement that "wages did not go down" is not correct.
The reason why they didn't is because they didn't want to give an arbitrary pay cut to their best employees, who would leave as soon as things got better. They would rather cut the fat and get rid of employees they didn't want.
Google, Yahoo, Amazon, Cisco, Oracle, etc, none of those companies instituted pay cuts, and wages did not go down in those companies. Some of them had layoffs but they cut salaries.
I wish someone actually had data for the time in question, as opposed to anecdote. I find the question quite interesting, and would like to know the answer.
"Average annual wages in high-tech rose sharply between 2001 and 2008 compared with overall average wages in the Valley. For the Silicon Valley, the average annual wage in high-tech industries rose from $97,344 in 2001 to $132,351 in 2008, an increase of 36.0 percent. (See table 2.) In comparison, average annual wages rose only 21.7 percent across all establishments in the area"
http://www.bls.gov/opub/regional_reports/200908_silicon_vall...
Yeah, no. As someone who hires on the east coast, and has a pretty extensive network of professional peers in generally "high" positions -- all these general assumptions about applying the SF market to anywhere else in the country is complete non-sense. And rightly so.