Dot-Com Work Culture Making a Comeback?

jeebus writes "This week a Deloitte study has shown that high on the agenda of CEOs around the world is the shortage of tech talent. Is a shortage of talented geeks in the market seeing a return of the dot-com culture with foosball tables, beanbags, and inflated salaries used to entice talented workers? Welcome to Web 2.0 work culture, the future of yesterday. 'Global recruitment companies were telling prospecting employees that they were no longer going to be employed just because they were a technical guru. They were going to have to learn to dress, communicate, and adapt all the traditional corporate ideals that IT has been exempt from during the dot-com boom. Fast forward to Web 2.0 and while workplaces aren't as cheesy with their decor as they were were in the late '90s, and developers aren't getting paid $100K for being HTML and JavaScript jockeys, geeks just aren't chuffed with corporate culture.'"

Comments

misconception about salaries?

[192939495969798999]

I really haven't seen any hard evidence that all that many 'web jockeys' were getting some $100k salary, unless they lived in the valley, where cost of living is so bad that 100k is practically minimum wage unless you take the bus 2 hours to work. Does anyone have any stats to back up what the average dot-com era 'web jockey' salary was compared with today?

Re:misconception about salaries?

[AKAImBatman]

I really haven't seen any hard evidence that all that many 'web jockeys' were getting some $100k salary, unless they lived in the valley

I'm guessing that's what they're referring to. Though it's kind of amusing that they'd be using the example of HTML and Javascript, seeing as how those two are a cornerstone of Web2.0. In fact, Javascripting has gone from a simple thing that you assign to juniors to a full-up development language that now you need sophisticated developers to wrangle. Welcome, Web2.0.

Of course, I'm also bemused by the idea that the Dot-Com "culture" belonged to the Dot-Coms. The Dot-Commers got the idea from the Valley technology companies back in the 80's. Back when Atari stomped the earth, Microsoft had to actually compete, a B&W Macintosh was the height of technology, and new microcircuit inventions were popping up every other day. While those companies didn't go to the extremes that Dot-Com companies went to, they were still well-known for their coddling of developers. Loose dress-codes (shocking!), arcade machines in the office (gasp!), flexible working hours (aka 24x7), comfortable environments (dibs on the bean bags!), and just a general attitude of "do what comes natural" were the way that Valley offices were run from the day that Nolen Bushnell founded Atari on forward to today. (Minus a few wrong turns for "seriousing up" of such companies. Yar, I'm looking at you.)

Re:misconception about salaries?

[cavemanf16]

Correction: The average, below average, and just-plain-dumb "bosses" will always want lower wages. The smart "bosses" are more concerned about the holistic profitability of their business, not just how cheap they can get with their workers. Harvard Business Review has a pretty good article on this facet of American business.

Cost

[GWLlosa]

You see this kind of thing happen whenever demand for IT professionals goes up because of the common perception that IT people are 'geeks/nerds' who are willing to take compensation in the form of casual wear and beanbag chairs instead of in salary... Given that the company is interested in its own bottom line, which is cheaper, a pinball machine or giving everyone a raise?

It's not THAT good yet...

[tjstork]

I worked at a DOT BURSTER in 2000, in big wide open space in the burbs, and they had free pizza every Fridays, everyone could wear jeans, I could roll in more or less whenever I wanted, and we all had potentially millions of dollars in soon to be worthless stock options. When hired they asked me if I wanted Linux, or Windows, or both. All of our servers were named after Transformers.

Now, I have a little cubicle, a company issued notebook running Windows XP, and no stock options. All of our servers are named based on an established IBM numbering system. I get to work from home a bit more but that's only because I commute 4 hours a day.

Sure, this gig pays more, but the work environment is not nearly the same. There's no heady optimism about the future, and that, really, when you think about it, the collapse of the dot net boom and worse, the later ruling about expensing stock options, and then the war, this decade has been utterly depressing.

We wont get fooled again...

[grapeape]

The reason there is a shortage is that those who were burned the first time wont go back and those that haven't been burned yet have been forewarned by those that have. Very few outside the upper echelons of the .com companies of the 90's saw any real benefit from the .com era the vast majority got hosed. Empty promises, foosball and free juice worked the first time but I can't see many falling for it again. Everyone I worked with in my two experiences with the .com era have moved out of the corporate world and are either with small companies or working as consultants, a few have left the field entirely.

I recently received a call from the Recruiter that hired me on to my last corporate job. I was told the company I was laid off from was looking to hire me back. I told me the whole dog and pony show was starting back up, that the culture had changed and this time would be different and this time it wouldn't be a complete waste of five years of my life. I thought about it for five seconds and told her that I would just as soon bathe in hot lava than go back. She sounded a little upset, and proceeded to tell me that so far she was 0-12 in trying to lure back the folks I worked with. Guess I wasn't alone.

Re:sigh

[Hijacked Public]

To say that any given thing was 'the' problem with the dot com bust is doomed to be wrong and accomplishes little more than letting everyone know what your particular gripe is when it comes to business in general.

There was plenty of pointless excess to go around. From the people who generated the ideas to the people who funded them to the marginally skilled grads who took the $100k jobs ($50k of that is going to be in the form of stock options.....which could be make us all billionaires BTW!) Ask ESR, who publicly counted the money he didn't have. Or Commander "What kind of car does a wealthy young geek drive" Taco.

Plenty to go around.