Imagine that you arrive at Goal. The company has promised you an annual salary of $190,000 a year. Your work? Being a recruiter of new talent for the company, not bad. Well, imagine your surprise after serving one year in your position and receive the promised pay in full… without having hired a single person for all that time. This case is real, and Zuckerberg’s company is not the only participant; that’s how the world works big tech.
Madelyn Machado, 33, began her work at Meta in the fall of 2021. The agreement she reached with the company at the time was exactly the one we discussed above. Yes indeed, Meta made it clear that it did not expect its new recruiters to hire anyone during the first six months, or even the first year, says Machado in his video posted on TikTok.
However, after talking with other colleagues, some claimed to have spent years in the company without recruiting a single person. Of course, the pay came month by month, without fail. This was one of the things that surprised Madelyn the most. “The cards were cast,” she said, “so I got out of there.”
What did you do during your working hours? The woman clarifies that she, at this time, was dedicated to learning. “They have an amazing onboarding and training system, the best I’ve seen in any company.” Yes indeed, he was shocked by the number of daily meetings he had to faceas in all good big tech. “What are we meeting for? We’re not hiring anyone!” she comments on his video.
Although this may surprise the average person, experts in the area of big tech they have not flinched. There’s a reason companies like Meta hire people who are meant to do absolutely nothing: competition with other companies.
The strategy is simple: amass as much talent as possible to prevent it from joining the ranks of the competition. “They hire everyone, whether they need it or not, just to have a talent pool. They can afford it,” Val Katayev, a tech entrepreneur, told the outlet. wsj.
Vijay Govindarajan, a professor at Dartmouth’s Tuck School of Business, explains that these companies “hired before they were needed.” Thus, the big tech they only had to invest a few million dollars a year, and they made sure they had a good pool of talent in case they needed it. Or, even if they don’t require it, it at least served to block their migration into the ranks of the competition.
However, the bubble has started to burst. Companies like Meta, Amazon, Microsoft and other big big tech they have laid off tens of thousands of workers in recent months. Many of them, of course, belonging to these ghost posts.