Data reveals job seekers prefer big companies over startups

SAN FRANCISCO

Jonathan Bloom Image
ByJonathan Bloom KGO logo
Tuesday, April 5, 2016
Data reveals job seekers prefer big companies over startups
A new study shows how changes in the market will have an effect on students about to enter the job market for technology jobs in the Bay Area.

A new study shows how changes in the market will have an effect on students about to enter the job market for technology in the Bay Area.

The students at the App Academy are just a few weeks from graduating. "I'd be perfectly happy to jump into a very small startup," one man said.

Those answers have been shifting, according to data from Woo, a website where job seekers anonymously post their credentials. "It's not a survey. It's real data that people put in our system to tell us what kind of opportunities will be interesting for them to get," Woo CEO Liran Kotzer said.

The numbers show more job seekers want to work at big companies than at startups.

Amid whispers that venture capital is slowing down, the App Academy's telling students not to gamble.

Some of the students ABC7 News spoke with said they would be happy with $120,00 a year and some of them said they'd like to work in the Bay Area.

But the love for the Bay Area comes with a footnote. The Bay Area is more expensive than ever. That may be one reason why more job seekers than just a few months ago said they might be willing to leave.

New York is the top destination, followed by Seattle, which doesn't pay Bay Area wages.