Is this just my group or is this something that's true for the entire bank?
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"The competition is now worldwide and very very good."
The competition tends to have very little integrity and cannot think abstractly.
Start tracking what new technology or new companies come from those other countries.
They tend to be xerox machines that cheat.
"(I am hiring for software engineering and the amount of two masters or PhD candidates are astounding)"
Except those tend to be the worst candidates of all. All academia and no practicality. Not only that, but tend to feel entitled, like they are better than BOFA and everyone.
What you won't find are those with real world, applied expertise and innovation. Those are all taken and paid enourmous amounts of dollars by those with the wisdom to recognize their value.
Compare that to a room of people who spent the last 15 years in university trying to act like they know something. Even with ivy leugue graduates (Harvard) it's still a very low chance that maybe 1 in 10 are truley a priceless asset. Most universities pander idealogies over research nowadays for tax breaks.
To the OP - @OP+1rDEcL6y - somehow your very good questioned got completely sidelined. I'll try to get the convo back on track. While i do not work in HR, I do work with many of the HR managers. I can assure you that there is not a "hiring freeze", not has there been. Instead, it's what they are calling "a period of Selective hiring".
I would add "very, very selective". We are very much hiring for "key" roles in front line units (client facing/revenue producing).
From experience though, I can tell you that for those of us in "non client facing", "non revenue producing", they have not backfilled any role with a new hire in 2-3+ years. We are dying over here. Mistakes are happening (and getting more serious). We are told to "do more, with less". Reinforcements "are not coming".
Sounds like you must be in a similar group as me. (or maybe in my same group!)
For all the top brass talk about Sustainability, their own operation is cracking and certainly not sustainable in its current state. Hang in there (or maybe try to find some palce with better work/life balance. It our mngt did a better job of "managing", they wouldn't have to spend so much money on Emotional Wellness programs and all that cr@p.)
@ rpp+1rDEcL6y. Yeah our tough screening process done by folks who really are sick of doing it. I heard the manager with the opening say just get bodies in here to fill the req or we'll lose it
“Substandard collages”
Not enough pictures?
“ degrees from completely substandard collages”
That’s a possibility but they still have to go through our interview process. In any case I know what a MS in CS or EE should know and I do ask questions about that.
Even before I give the programming scenarios I usually can tell who knows and who is winging it.
Fake degrees are ok. Or degrees from completely substandard collages. Same difference. People can really put anything on their resumes and countries with few checks and a lot of corruption will back it up. Sad really. The quality of the “programmers” has gone down to the abyss…
@bvs+1rDEcL6y
I didn’t make that assumption. I’m telling you my observation as a hiring manager of software engineering folks. The older ones are comfortable with being called (or call themselves) programmer but younger ones aren’t.
But I do get all kinds of resumes just because I am a manager.
@nmp+1rDEcL6y : what makes you think this person is looking for a "programmer" job?
As a hiring manager for another company, I can tell you that your competitors are not what you faced a few years ago.
The competition is now worldwide and very very good. I am hiring for software engineering and the amount of two masters or PhD candidates are astounding. Gone are the days I think when someone could land a programmer job without a degree.
Good luck.