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No BS, interesting and relevant links, reads, podcasts and content for hiring.
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1: [Hiring] Repeat founders vs first-time founders
"Hardest part of being a founder isn’t doing the things (though a lot of that is hard). It’s withstanding constant 2nd guessing by everyone on all the things - product, pricing, hiring, fundraising. This, I think,is true advantage of repeat founders. Trusting gut above all else."
4: Stripe story about them hiring their first non-engineer
Always loved this Stripe story about them hiring their first non-engineer - skeptical of hiring first non-engineer Billy Alvarado - Geoff Ralston tells stripe to hire Billy - Geoff offers to cover their salary if it doesn't work out - ends up being a pivotal decision
7: "IBM expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years" - CEO Arvind Krishna
"Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said, adding that 30% of non-customer-facing roles could be replaced by AI and automations in five years."
8: Creator Economy Hiring: When to hire someone for your channel? Notes from Paddy (behind YT channels like MrBeast, RedBull)
As someone who's had a team of 1 (my own channel), and worked on channels with teams of 40+, here's some thoughts: Don't hire and delegate everything too early into your journey. It's a bad idea for 99% of creators reading this tweet. Why? Well... Full details in https://twitter.com/paddyg96/status/1650971655852752897
9: "Calling this now, but every company needs to hire a Chief AI Officer.... this is not a drill."
Chief of AI - new important CXO role or scapegoat for redundancies? https://twitter.com/peterhollens/status/1648171568558915584?s=46 https://twitter.com/tprstly/status/1647998677409996814?s=46 https://twitter.com/scobleizer/status/1648938751585030144?s=46 https://twitter.com/therab/status/1648039173402554386?s=46
Startup founders often spend 40%+ of their job hiring, because selecting the right people is often the difference between success and failure Some great tips below from my colleague Jordan Mazer (ex-Riot/Scopely). Follow @justmazer for more on hiring in the games/tech industries
11: New role in the AI space? "Senior Responsible Data & AI Manager" opening in BBC
The BBC is hiring for Responsible AI. The role "will ensure internal development, procurement and editorial use of AI/ML are aligned with our values and legal and regulatory obligations, and that risks are identified and managed effectively"
12: Two sides of the state of hiring - discussion on HN
"Hiring manager here with open REQs. I've been doing multiple phone screens daily, and it's been brutal on my end, too." https://news.ycombinator.com/item?id=35528595
13: I'm hearing that some people who got laid off from FAANG are struggling to get a job.
"I'm hearing that some people who got laid off from FAANG are struggling to get a job. It seems many recruiters see Big Tech logos in the CV and consider them too expensive to hire. Weird times. Just 2 years ago I was being pushed by VCs to hire candidates with those same logos."
16: European labor laws are making it hard for big tech companies to just say “oops, we hired too many of you during boom times so GTFO” like they can in the US.
Full story here - https://www.bloomberg.com/news/articles/2023-04-06/google-and-amazon-struggle-to-lay-off-workers-in-europe
17: Diversity hiring gone wrong - "stop gaslighting people of color when they tell you the hiring market is rigged against them. stop saying lack of diversity is a pipeline problem or "just hiring who's best for the job". this is much bigger than whatever recruiter accidentally posted this publicly."
Further updates on what happened next - https://twitter.com/eriz35/status/1643425377539223552
18: Ghost Jobs: One-third of the managers who said they advertised jobs they weren’t trying to fill said they kept the listings up to placate overworked employees.
Job Listings Abound, but Many Are Fake In an uncertain economy, companies post ads for jobs they might not really be trying to fill... https://twitter.com/jamieson/status/1637817227410825225 https://clarifycapital.com/job-seekers-beware-of-ghost-jobs-survey//
21: "Never in my 7 years of hiring have I seen a pipeline like this..."
"Never in my 7 years of hiring have I seen a pipeline like this. Applicants, I'm going to go ahead and speak on behalf of hiring managers and internal recruiters everywhere and beg you for patience while we all work through the sheer volume of applications coming in."
"Interesting that revenue per employee rose consistently till 2010 and then flattened out. What stopped in 2010?" Some more interesting stats and takes in the thread
24: [India] Supreme Court to hear plea on menstrual leave for female students, working women
Step in the right direction? Alt-take- "Menstrual leave will only encourage workplace discrimination. Companies would rather prefer hiring more men than women because they'd be compelled to offer extra leaves to their female employees..." https://twitter.com/negideekshaa/status/1627574197026451457
25: Google has 175,000+ capable and well-compensated employees who get very little done quarter over quarter, year over year.
Like mice, they are trapped in a maze of approvals, launch processes, legal reviews, performance reviews, exec reviews, documents, meetings, bug reports, triage, OKRs, H1 plans followed by H2 plans, all-hands summits, and inevitable reorgs. The mice are regularly fed their “cheese” (promotions, bonuses, fancy food, fancier perks) and despite many wanting to experience personal satisfaction and impact from their work, the system trains them to quell these inappropriate desires and learn what it actually means to be “Googley” — just don’t rock the boat.
One lesson connected to ChatGPT is that reliable pple aren't those who have good answers in general, but those who answer ONLY things they know v. well. When lost, you'd rather get no direction than a wrong one. Real doctors let you know what is outside their expertise. When hiring someone, to make sure the person is not a b***tter, get the person to state "I have no clue" about something.
"Diversity hiring is funny these days. Companies are looking for one person that can fit like 10 boxes, to claim they are inclusive. Looking for a gay black disabled woman, that is the first to get education in their family & moved to the western world as a refugee @ 2"
30: Data and design to engineers ratio for 50 of the top US tech companies
In 2017, Figma famously identified that companies were hiring more designers at a 1:9 ratio (vs. eng) But the data hiring race is even faster. US is 1:7 and 1:4 in Europe. Interesting to see Analytics & DevTools rank so low. Snowflake, HashiCorp, GitLab employ <5%
People would think consulting as a business model doesn't work but when it is done at scale with branding, it makes some real moonies. https://brandirectory.com/rankings/it-services/ https://pbs.twimg.com/media/Fmw0jgHXEAIwLVc?format=jpg&name=4096x4096 Accenture tops IT services list for 2022 - valued at US$39.9 billion!
41: David Perell on how they work at Write of Passage
Companies are more successful when they define how they work. Instead of trying to appeal to everybody, they attract true believers with a spiky point of view.
42: "My biggest mistake was hiring a big-public-company tech executive with a fancy resume who had never worked at a startup" - The failure points from $5m to $100m in ARR
As first-time founders we were too creative about organizational structure. We had a flat management hierarchy in the early years, and we bragged that we ran our startup like Star Trek — you were either in engineering or operations, and everyone reported to a founder. This was cute, until it quickly stopped working. People care about titles and career paths, and if you want to retain great people, you have to care about these things too.
45: Apparently, quiet hiring is when a company asks existing employees to do more than one job without a raise in pay. If your company starts quiet hiring, it’s time to quiet organize.
My default advice about hiring is to hire someone if and only if the lack of that person is the main thing holding back your growth. That doesn't change just because you have a lot of money in the bank.
49: Flipkart is making employees pay for their off-site to Goa 😂
Added by SG
FunGossip
50: Just spoke to the CEO of a $350 million company, who said: "I won't promote somebody to a strategic leadership position unless they're a good writer."
52: Steve Jobs on why recruiting is the founder’s most important job
"I think it’s the most important job. Assume you’re by yourself in a startup and you want a partner. You’d take a lot of time finding the partner, right? He would be half of your company. Why should you take any less time finding a third of your company or a fourth of your company or a fifth of your company? When you’re in a startup, the first ten people will determine whether the company succeeds or not. Each is 10 percent of the company. So why wouldn’t you take as much time as necessary to find all the A players? If three were not so great, why would you want a company where 30 percent of your people are not so great?"
