[pavlov]

This is entirely the fault of the FAANG hiring methods of which most managers at these companies are very proud because they provide such excellent “signal”.

But the upside is that it’s a competitive advantage for startups that intentionally build different hiring pipelines.

[filoleg]

> This is entirely the fault of the FAANG hiring methods

I would say it is more of a fault of compensation structures.

Why would one stay for 3 years and get very meh comp increases every year, when they can switch to another company and instantly get a 30-40%+ increase (up to a point). It is also somewhat disheartening to see new hires get paid significantly more than you are for the same level.