The year when young guns attended their 4th (or 7th) company orientation…only to end up attending a new one later that week because they got a bette

Jumping Jacks: Hiring in 2021 - by Sahil Vaidya - Sahilist

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2022-06-23 09:30:06

The year when young guns attended their 4th (or 7th) company orientation…only to end up attending a new one later that week because they got a better offer. 

These hyper-talented youngsters have been switching companies so fast, sometimes they can't remember which company they’re working for at a given moment in time. They’re actually lasting longer in bed than in jobs….a grim situation for their life partners as well as HR partners. 

The great resignation is real. Managers are getting so many resignation mails every day that one of them actually tried to find the unsubscribe button. Background verification companies are on track towards quadrillion dollar valuations, on the back of assignments to verify the same candidate for the 15th time in a year. The candidate, meanwhile, is planning to buy beachfront property on Mars right after receiving his FNF from the first job (to use as a downpayment with BNPL companies who’re happy to sponsor these extraterrestrial property deals). 

Tech founders are shouting themselves hoarse about this talent scarcity as investors ask what the hell they're doing with the dry powder if not hiring talent at 17x their previous CTC. Meanwhile, HR heads are trying to clone themselves so they can chat with 15 developers at the same time. They hope at least one of them would convert because he has only 4 other offers that are not as lucrative because they don’t include a brand new chopper with 3 years worth of free petroleum. 

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