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[Pando] Extent of Google/Apple's Wage & Job Fixing "Cartel" Exposed - Page 7

post #61 of 72
Quote:
Originally Posted by b.walker36 View Post

Yes but it doesn't stop recruiters from posting opportunities and employees reaching out about them. So its not really a black list its a gray list lol.

But you don't understand how high-level recruitment works. These people don't just post resumes on Monster.com. Even if they did, you would be able to identify who they are within minutes by checking employee listings or checking whitepapers.
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post #62 of 72
Quote:
Originally Posted by anoob View Post

Quote:
Originally Posted by theturbofd View Post

Can someone give me a TLDR about what this means?

Pretty much these tech companies are colluding together to price fix wages/salary/pay. I.E. company XYZ does not hire company ABC's employees in a pact agreement in order to keep employee's from leaving the company for greener pastures. Usually when a company wants better employees they'll try to recruit from another company i.e. pretty much steal employees from another company by offering them a much more lucrative income and incentives. But if companies collude together and fix salary for jobs and agree that they should not try to recruit from each other then employees get stuck at their job forever. Why move to a job to do even more work and accept more responsibility for the same amount of pay? That's what they're basically doing, keeping the employee from earning the most top dollar they can with their skills and cutting in their investors on the profit margins gained by colluding. This is pretty much illegal, so some companies seemed to have settled out of court as it is cheaper to do than battling it out in court because of legal fee costs and time.

Get the picture now? Pretty much if you're an employee of ABC company and want to work at XYZ company and you're on the blacklist they will not hire you. This makes for a less competitive job market where top dollar buys you the best employees you can get. So pretty much the companies retain the best employees for the smallest amount of pay possible. Good for the company and bad for the employee.

This is as TLDR; as I can make it.

Alternatively, look up the word "vassal".
post #63 of 72
Quote:
Originally Posted by b.walker36 View Post

Yes but it doesn't stop recruiters from posting opportunities and employees reaching out about them. So its not really a black list its a gray list lol.

This is pretty much what I got, it was an agreement to not poach each other of top employees. Something I agree with.
    
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post #64 of 72
Quote:
Originally Posted by DuckieHo View Post

But you don't understand how high-level recruitment works. These people don't just post resumes on Monster.com. Even if they did, you would be able to identify who they are within minutes by checking employee listings or checking whitepapers.

That is a fair point but at the same notion these people have the clout to call around and see what is out there. If for example the head of sales for the tri-state region of a software company wants to explore other options you bet he has people he can call. I get what your saying and I'm not saying I like the practice however I still stand by the fact that as long as the people can pursue these opportunities. Now if the entire industry created a do not poach list its a problem just out sheer stupidity alone if anything. I just don't see anything criminal or deserving of a civil suit.

I would be totally open for legislation preventing this, but to me it seems like this was not done out of any malice but more just trying to keep all their partners happy.

Also perhaps we are not thinking along the lines of high level. I found this to be more about mid level management/employees not CEO/CFO level. And I totally could be completely wrong the only argument I will put my money where my mouth is was the one on "Shareholder value proposition"

Edit: Thinking about it a bit more if an employee is not actively looking for a new opportunity than why should he be able to sue a company for not pursuing him. I mean it seems kinda silly to me, if your not looking than you are happy at your job. I understand you may take an opportunity for increased comp or challenges but I feel like just becuase a company won't actively recruit you is not a valid reason for this.
Edited by b.walker36 - 3/24/14 at 2:09pm
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post #65 of 72
Quote:
Originally Posted by b.walker36 View Post

That is a fair point but at the same notion these people have the clout to call around and see what is out there. If for example the head of sales for the tri-state region of a software company wants to explore other options you bet he has people he can call. I get what your saying and I'm not saying I like the practice however I still stand by the fact that as long as the people can pursue these opportunities. Now if the entire industry created a do not poach list its a problem just out sheer stupidity alone if anything. I just don't see anything criminal or deserving of a civil suit.

I would be totally open for legislation preventing this, but to me it seems like this was not done out of any malice but more just trying to keep all their partners happy.

Also perhaps we are not thinking along the lines of high level. I found this to be more about mid level management/employees not CEO/CFO level. And I totally could be completely wrong the only argument I will put my money where my mouth is was the one on "Shareholder value proposition"

Edit: Thinking about it a bit more if an employee is not actively looking for a new opportunity than why should he be able to sue a company for not pursuing him. I mean it seems kinda silly to me, if your not looking than you are happy at your job. I understand you may take an opportunity for increased comp or challenges but I feel like just becuase a company won't actively recruit you is not a valid reason for this.

If a high-level guy starts calling around just to get a feel of what's out there... he has to be careful about it getting back to his company. All these companies have people who are friends in other companies. If the head of Google Technical Infrastructure started asking around, you can guarantee that this would leak within days.

The better question is.... "Why shouldn't a company be allowed to purse talent?"

You might be happy at your job.... but you might be one of 100 people in the world who can do what you do. You are so specialized that no other role would fit you well.... unless another company is looking. How would you know another company needs your talent?
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post #66 of 72
Hmm.. I work for Dell through Adecco in OKC. It is by far the best job, place and company I've ever worked for. Don't see where all this hate is coming from. Do they even work for the company's they are bashing?
post #67 of 72
We have people making doctor money here and recently one of our team members from another group got headhunted by Microsoft and is making a very very nice salary in KC
post #68 of 72
Quote:
Originally Posted by seward View Post

Alternatively, look up the word "vassal".

It's not a vassal. I don't think you read the article completely. It's a collusion, see Wikipedia:
https://en.wikipedia.org/wiki/Collusion

The agreement was secretive:
Quote:
“I would prefer that Omid do it verbally since I don’t want to create a paper trail over which we can be sued later? Not sure about this.. thanks Eric”
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post #69 of 72
Quote:
Originally Posted by anoob View Post

Quote:
Originally Posted by seward View Post

Alternatively, look up the word "vassal".

It's not a vassal. I don't think you read the article completely. It's a collusion, see Wikipedia:
https://en.wikipedia.org/wiki/Collusion

The agreement was secretive:
Quote:
“I would prefer that Omid do it verbally since I don’t want to create a paper trail over which we can be sued later? Not sure about this.. thanks Eric”

I meant the employee's position. I was admittedly being a bit melodramatic.
post #70 of 72
Quote:
Originally Posted by Origin View Post

We have people making doctor money here and recently one of our team members from another group got headhunted by Microsoft and is making a very very nice salary in KC

On Wall St, I know teams use to get headhunted all the time. Entire sales teams of like 5-8 people would all quit and move to another company.
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