Biased Hiring at Fintech

I have heard/ read so many companies blindly hiring and promoting IITians to roles they are not suited for. Many young grads are given manager roles, and they know sh*t about people management. just push all work to juniors. How are Founders not able to see through this?

So, today was my first day in corporate. Joined a company that i hate the most, the government job company. During the induction itself, I experienced shitty HR (including all their internal depts) policies and their shitty rules. They literally told new joiners that they are going to force associates to take up the project, no matter what tech stack you want to work in! what domain do you want to work in! Now, you may ask why did i join them in the first place? Well, the current job market for freshers is just too bad! Graduated in may 2023, spent past 4 months trying to get an interview, but never landed any (when applied with referrals HR said they want 4+ YoE, and also the struggle to get referral. got 2 replies on an avg per 40 DMs (<500 followers) per company, that too after expiry.) In the past 1.5 years, I've cracked OAs and tech rounds of fintech like phonepe and juspay, but final rounds went south due to ghosting and a bit of politics from the college side (i know this because I had some friends working for placement officer and also i confronted that officer). Hence, 4 jobless months led me to join this organization. Please help me structure plan to get a good offer and leave this organization in 4 months.

Attended an interview for a startup where they said all was okay and agreed to rollout the offer letter and last minute told hiring freeze. This is for an entry level role. Cannot name the company as I can get identified. Fintech startup. Their payscales in glassdoor were showing high base for entry level roles in Business Operations. How do we make sure that recruiter does not ghost us . What are the strategies we can use to get the offer. These days, every recruiter in first call itself asking about salary expectations.

I recently worked at a startup and it was terrible. To be honest, I still worked at one of the better ones but it just sucked. Some of the clear downsides I see - Survival mode leads to chaos. You can be treated anyway and asked to leave whenever even though you left big opportunities to be here - Brand loss to find next job (Big problem) - Trying to make you feel unworthy(Doesn't bother me but I have seen people lose self confidence) - Loss of opportunity to build real skills like building sustainable teams for the long run I think over all working at a startup especially early teams is a losing proposition. Do it only if - - you know the founders/team well - you know the industry and market well and it is a bet you personally believe in - you are secure enough in life that if you go back to your job, you will easily get employed For middle class kids, startups are the worst bets one can take.

I have read in multiple places that FAANG hiring abroad is focused more on experience+skill, and less on degree. Infact people with no graduate degrees are also hired, if they have the relevant skills. Was curious to know if this holds up for their Indian counterpart hiring. Does Google/Microsoft/Amazon/Apple in India hire candidates if they have the relevant experience/skills but absolutely no degree ? If they actually do hire, what are the important pointers that the hiring team usually look into for such profiles?

How are these people getting such good offers with very low years of experience. I have 4+ years in FE and now just shifted to product management, my profile won't even get shortlisted, forget getting an interview. What can I do to increase my chances of getting interviews in good product companies and have a shot at getting 30+LPA

"We don't hunt for #IIT, instead we hire #software #tech #Engineering grads from Tier-2& 3 cities, modest backgrounds" Any employees here by any chance? https://www.wionews.com/business-economy/india-tech-firm-valued-at-100mn-gives-away-33pc-ownership-to-staff-675944

I was recently asked to resign/layoff along with 40% of the engg and product function at the org with 1 month pay. I have 1 yr in Fintech Product M and 3 years in Travel tech. How the hiring situation like right now? Anyone currently looking please share. Referrals appreciated.

A friend of me, did his btech from one of the top and oldest iit, in core branch, average with tech skillset and profile. Howver, despite he not looking for a job right now, is still getting approached by recruiters. Whereas, my other friend, with great skillset and profile, is hardly getting noticed. The same is applicable to salary as well. Iitian gets more pay for same role and yoe. So yeah, college tag matters

I head Product at an early stage B2B2C/B2C Fintech startup. I’m currently hiring for multiple roles in the Product team (APM, SPM, Analysts and Interns). Please send your resumes to [email protected] if interested. We can chat about the company and role subsequently.