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Old 09-21-2014, 11:36 PM
 
29,506 posts, read 22,620,513 times
Reputation: 48210

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The comments were the best part of this article

Mark Patterson OneWire Interview Two - Business Insider
Quote:
Over the years he's learned that when he sees someone has hopped from job to job, spending two to three years at each spot "there's something wrong with them."

To him, this is worse than being a kid with no experience, and he doesn't see ambition as an excuse for it.
"I have no interest in the hopper," he said.

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Old 09-22-2014, 03:37 AM
 
741 posts, read 914,392 times
Reputation: 1356
That's fine, but you have to realize that perspectives can vary radically from place to place.

One guy I know, who is involved with a very successful hedge fund, said his ideal analyst candidate is felon with an IQ over 130, an strong academic background and at least *some* time in prison. This comes after decades of hiring Ivy League MBAs.

He realizes the sorts of insights he wants and needs very rarely originate with kids who've never left the cul de sac. Here's a guy talking about six figure positions (seven with bonuses if they really start hitting homeruns) wanting to hire a guy that a grocery tore might instantly disqualify to be a bag boy with no other considerations.

Once you get a pool of candidates who, on paper, appear otherwise qualified to do the job, the art of hiring them becomes about finding the right fit. That guy in the article values stability and loyalty. We all do, but he's probably in a position to offer jobs that lure people away from long time positions and can demand that. Not everyone is in that situation. The tech industry is a perfect example where everyone is constantly shuffling around.
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Old 09-22-2014, 07:24 AM
 
706 posts, read 1,041,664 times
Reputation: 880
yeah right. The only way to get a 10 to 12% salary increase is to get a new job. Also, it's also another way to get a promotion.

This dude wants his entire staff to stay with him forever even if they are making peanuts. Corporations have no loyalty to their employees. An individual needs to look out for him/herself.
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Old 09-22-2014, 07:28 AM
 
7,920 posts, read 7,806,919 times
Reputation: 4152
Exactly. No one stays forever in the tech industry. Jobs hopped here and there. It is kinda like the haircare industry. Someone learns to cut hair or run a salon and then they bank money to open up their own shop.

Loyalty does not always help. No one wants to be working for the next Enron, Worldcom, Circuit City, Radio Shack, Adelphia, Sears etc. Large amounts of experience are hard to detach away from that given organization.

If a place does not have much for turnover then that might indicate they do know how how to hire and interview people.

Lastly if his methods worked why did the government have to bailout wall st again? Why did it take a lawsuit all the way to the Supreme Court to release the list of those that received funds?
Fed
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Old 09-22-2014, 07:59 AM
 
Location: Houston
210 posts, read 245,980 times
Reputation: 341
Quote:
Originally Posted by Zaba View Post
That's fine, but you have to realize that perspectives can vary radically from place to place.

One guy I know, who is involved with a very successful hedge fund, said his ideal analyst candidate is felon with an IQ over 130, an strong academic background and at least *some* time in prison. This comes after decades of hiring Ivy League MBAs.


He realizes the sorts of insights he wants and needs very rarely originate with kids who've never left the cul de sac. Here's a guy talking about six figure positions (seven with bonuses if they really start hitting homeruns) wanting to hire a guy that a grocery tore might instantly disqualify to be a bag boy with no other considerations.

Once you get a pool of candidates who, on paper, appear otherwise qualified to do the job, the art of hiring them becomes about finding the right fit. That guy in the article values stability and loyalty. We all do, but he's probably in a position to offer jobs that lure people away from long time positions and can demand that. Not everyone is in that situation. The tech industry is a perfect example where everyone is constantly shuffling around.
Now that is really interesting but I get it.
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Old 09-22-2014, 09:51 AM
 
435 posts, read 635,213 times
Reputation: 672
Quote:
Originally Posted by Suburban_Guy View Post
The comments were the best part of this article

Mark Patterson OneWire Interview Two - Business Insider

This man is not very sophisticated at all. He is actually revealing to the world how simple minded and old fashioned he is.

First of all, its been beat into the ground that employers don't like "job hoppers". But the fact is, in today's economy - really for the last 20 years - permanent jobs have become a thing of the past. Layoffs happen all the time. Its very simple minded to assume that someone with several jobs on their resume just got bored and quit those jobs.
I've worked for 3 companies that went belly up and went out of business altogether. Does that make me irresponsible? A job hopper?
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Old 09-22-2014, 09:53 AM
 
1,248 posts, read 4,056,430 times
Reputation: 884
That's What's bad about temporary or contract employment. It's still temporary even if it dressed up as a six month to a year contract. Too many makes you look unstable and your resume for a permanent job( that isn't some cockamanie temp to perm) will be summarily deleted because you will be seen as unstable. Remember hiring managers spend six seconds on a resume and will just go to the next candidate
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Old 09-22-2014, 10:00 AM
 
235 posts, read 298,858 times
Reputation: 872
I can just picture this douchebag in his Brooks Brothers suit, sitting up in his ivory tower gleefully shredding resumes.

Personally I don't know anyone who stays at a job for more than three years, especially people in their 20's who are constantly trying to get to the next level.
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Old 09-22-2014, 10:45 AM
 
6,457 posts, read 7,789,115 times
Reputation: 15975
If an organization wants to keep a valuable person from jumping ship (aka Job Hopping) all they need to do is keep them happy by making available the things they are job hopping for - money, promotions, more interesting assignments, exposure, education, etc.

Either give people what they want so they stay or accept that they will leave to get what they want. It shouldn't be a surprise or taken as an insult.
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Old 09-22-2014, 10:46 AM
 
Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
41,938 posts, read 36,935,179 times
Reputation: 40635
Quote:
Originally Posted by Zaba View Post
That's fine, but you have to realize that perspectives can vary radically from place to place.

Yup, in some industries you better be moving every 2-3 years if you want to be successful.
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