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Hiring Strategy

All articles tagged with #hiring strategy

business1 year ago

Tesla's Pay Strategy: Lower Salaries, Higher Stock Options

Tesla's compensation strategy involves offering lower base salaries compared to its tech and automotive peers, but compensates with substantial stock grants, attracting employees willing to bet on the company's future success. This high-risk, high-reward system is part of Elon Musk's approach to hire dedicated workers who are committed to Tesla's mission. The company's stock grants, which have made some employees millionaires, are a significant draw despite the lower base pay. However, Tesla's stock volatility raises concerns about the sustainability of this compensation model.

via Business Insider|
#business#elon-musk#employee-compensation
business2 years ago

Amazon's Mysterious Job Posting Hints at Cybersecurity Recruitment

Amazon accidentally posted a job listing for a director of security engineering for "Project Panda," stating that it was seeking "opportunistic candidates." This led to speculation about whether Amazon was advertising positions it didn't intend to fill. The posting, which has since been deleted, raised questions about Amazon's hiring practices and whether it was over-hiring in the past. The company has recently laid off employees and implemented a hiring freeze. However, insiders suggest that Amazon may start hiring more aggressively later this year as its business recovers.

via Business Insider|
#amazon#business#hiring-strategy
business2 years ago

Controversial 'Coffee Cup Test' in Job Interviews Sparks Debate

A boss's hiring strategy called the "coffee cup test," where he only hires candidates who offer to wash their cup after an interview, has sparked criticism on social media. Trent Innes, a chief growth officer at SiteMinder, shared his strategy in a resurfaced 2019 podcast episode, stating that he looks for attitude and the willingness to perform even the smallest tasks. However, social media users have accused him of playing mind games and creating a toxic work culture.

via Business Insider|
#business#hiring-strategy#job-interviews