If it wasn't such a PITA to prep for interviews I think companies would have to give out better raises to current employees to avoid mass attrition.
My conspiracy theory is that companies keep using leetcode style interviews because they know people don't want to study for them which makes them less likely to change jobs for more money.
Not when the company told the existing engineers they can’t afford raises and have to lower bonuses. Then they openly offer much larger payouts to all the new folks.
Might or might not be worth it, but there’s no way that doesn’t create massive resentment.
I doubt all of those 700+ employees are ML Researchers. For the majority of that employee base there would be an equivalent role already in MS. That wouldn't go well with them.
Eg. There would be atleast 1 web-developer in OpenAI who would have written the ChatGPT UI. That person for all we know might be better payed that the web-developer folks working on Bing UI.
0% raise and lower bonus pool in 2023 for Satyas engineers
then the $1M-$2M/year OpenAI folks who never built a profitable product enter the building
All time high stock though...
If it wasn't such a PITA to prep for interviews I think companies would have to give out better raises to current employees to avoid mass attrition.
My conspiracy theory is that companies keep using leetcode style interviews because they know people don't want to study for them which makes them less likely to change jobs for more money.
Now you see why FAANG interviews are so onerous.
Well, this is hardly ever the first time this happens at Microsoft. The veterans are probably already used to it.
It's sounding more and more like a bluff. Everyone at Microsoft Research has to be seething at this.
If MSR people wanted OpenAI salaries they could have applied to OpenAI.
Why? Hiring a bunch of great engineers with relevant experience usually goes over well in teams I been in.
Not when the company told the existing engineers they can’t afford raises and have to lower bonuses. Then they openly offer much larger payouts to all the new folks.
Might or might not be worth it, but there’s no way that doesn’t create massive resentment.
I doubt all of those 700+ employees are ML Researchers. For the majority of that employee base there would be an equivalent role already in MS. That wouldn't go well with them. Eg. There would be atleast 1 web-developer in OpenAI who would have written the ChatGPT UI. That person for all we know might be better payed that the web-developer folks working on Bing UI.
LinkedIn is one of the highest paying companies in tech while MS pays peanuts. Seems like MS has done this before.