Even at a time of 7.5% unemployment, Microsoft has a few job openings:6,300 at last count. Most pay well and come with an array of benefits. The catch — and the reason many positions have remained vacant for years — is that most are for seriously smart engineers and code writers.
There just aren't enough of those coming out of U.S. universities. So companies such as Microsoft do what they can. One approach is to sponsor foreign job applicants for H-1B visas, a program for highly skilled foreign workers.
The years 2008, '09, and '10, the H1-B quota was never filled and well qualified people couldn't find a job. Microsoft had hiring freezes that affected people they had trained and up and running from internships. In 2002, CMU canceled the fall Tech Job fair, and the 2003 spring tech fair was limited to juniors and seniors. By 2006, hiring bonus was the norm. IMO, many of the tech jobs are phantom in that companies are posting jobs to poach and to gauge their wage requirements. Then there are companies that can't find people because they don't pay enough.
-- Edited by longprime on Wednesday 29th of May 2013 12:05:31 AM
CC: sosomenza, #28. "Is it possible to short PubMatic? An understanding of the business is always necessary. Requiring all new hires in all departments to have programming skills is myopic lunacy."
After DS finished his postgrad internships (3), 2008-9, he couldn't find a job in the new Iphone/Tablet media field, even though he had experience in PalmOS from a college project and mobile stuff as personal projects. He also did post grad internship research and interface work on touchscreens and consumer utilization. He had to go to work at a well ranked CS university, doing robotics.
Anyhow, I don't fault companies for DS plight 5 years ago, at the depths of the Great Recession.
PubMatic/MacDonald is having staffing troubles because he didn't use social media in his previous positions.
I tried to post on the WSJ article but I am having problems (looping). I think I will say something at Pubmatic.
When DS entered into this commercial world of media techology he already had a hardware-media techology portfolio, although industrial internships and his BS-MS programs. When he was hired 2 years ago into this late period startup, media tech company, he was rewarded with a 30% pay cut after his probational period. Since then, he has recovered the pay cut and earned big pay increases. I suspect that this company has reached a plateau because of increased competitition and pay caps. DS is moving on to a bigger media company with a considerable pay increase.
PubMatic/MacDonald, is apparently a startup and looking for talent on the cheap.
-- Edited by longprime on Friday 10th of May 2013 12:07:46 PM
-- Edited by longprime on Friday 10th of May 2013 04:37:51 PM
Kirk MacDonald, founder of PubMatic {www.Pubmaitc.com) is full of crap (nicely worded). I list here his job postings; http://www.pubmatic.com/careers.php Notice that the hard technical jobs are located in India and the management-soft knowledge jobs are in the developed countries.
DS just quit his bigname, media-tech, consultant firm for another media related company (for the $$). What Mr MacDonald wants is cheap and what he will get is cheap output. Mini is correct in posting #8,
There's no shortage of computer programmers. There's a shortage of 20 year old computer programmers that the tech companies want to hire because they don't have to pay them as much as experienced programmers, and they want them cheap and expendable.
I will add, what Mr MacDonald wants was simply not there 4-5 years ago when DS was breaking into this field. DS graduated with a half dozen computer languages, and since college has acquired another half dozen languages and he isn't a programmer.