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  • I bought a smaller house than I could afford in 2018. I could realistically afford around $1.1m but instead bought a $850k house. We just save the rest of the money for investing instead of what would have gone into a mortgage.

    Some people are wealthy, some people are frugal, some people are house poor and finance everything is how people afford solar.

  • It's a bit. Larry King was famous for never preparing and treating every person he interviewed the same. Larry King likely had no idea how low down on the list he was in Hollywood.

  • This is also done by a company, envoy, that helps companies understand their office data. So it's a bit of a conflict of interest.

    The greenhouse recruiting study was more interesting. Attrition goes up and companies had a harder time filling the newly vacated roles compared to companies that didn't force a back to the office.

    Personally I think the back the office mandates are a way to do voluntary layoffs without making the execs look bad

  • The missing piece is salary is way down. With FAANG no longer paying $400K for engineers and hiring at an insane rate, the rest of the industry isn't trying to play catch-up and compete on pay.

    I used to work FP&A for a 2nd or 3rd tier tech company and it was hard competing to get engineers to join us. A kid out of college from a decent school for a $100k signing bonus from Facebook. I have since switched to a lower tier company but it has great work life balance, but we've lowered our salary on all open reqs because we know we don't need to compete as aggressively and our average time to fill a role hasn't changed.

  • My manager asked what I thought about our back to office announcement last month and I said it sounds like voluntary layoffs because if they cared about moral they would compensate us for going back. He laughed and said you're probably right.