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Ask HN: Is the Great Resignation in tech real? If so, why?

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Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#231

Post by culopatin »

roland35 wrote: post #182
culopatin wrote: post #175

Earlier quoted context omitted.

I think there is a difference between team building through shared struggle (like new soldiers going through boot camp) and what hr comes up with as “team building activities” in the office after they went on Pinterest and searched for “team building ice breakers for meetings”. At my workplace they came up with employee appreciation day. They make a slightly better lunch and they clap for you when you walk into the c…

That sounds like a scene from the office and I grimaced inside from the thought of someone clapping for me! Any of these forced fun activities are generally not actually fun. One of my managers used to sneak around and whisper to people to go home early (like at 1pm) on days before holidays, now that was appreciated!

It is. The office is so accurate. All the way down to the donation campaigns and the toy drives and weird little events to hide that we are all in a gray cube away from the beautiful sun grinding numbers away

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#232

Post by hcarvalhoalves »

tomrod wrote: post #30
hcarvalhoalves wrote: post #15

Every tech company was forced into remote working, suddenly now every tech worker is (really) competing on the global job market, and the market is adjusting to the new offer/demand. That’s my theory.

This would drive wages down.

Should drive the average global wage up for top talent.

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#233

Post by pedrosorio »

hnxs wrote: post #82
pedrosorio wrote: post #52

Earlier quoted context omitted.

> I was on a team of 2 and my coworker left for Google for a little under $300k I had a coworker leave to be an L4 SWE at Google earning the same in 2017. I don't know if the anecdote is relevant to the 2021 Great Resignation if people were doing the same thing 4 years ago (unless your colleague got an L3 offer for that amount).

check levels.fyi

I am familiar with levels.fyi (and was back in 2017 as well), what did you mean?

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#234

Post by pedrosorio »

kccqzy wrote: post #127
hnxs wrote: post #82

Earlier quoted context omitted.

check levels.fyi

In fact levels.fyi shows an L4 Google SWE earning about $270k. GP's story of someone earning $300k in 2017 is certainly an outlier.

Is it easy to fetch Google offers from late 2017 to get a distribution? I believe it was close to top of the range back then.

Regarding the $270k number, looking at the distribution in levels.fyi for L4 in SF Bay Area: https://www.levels.fyi/company/Google/salaries/Software-Engi...

The 75th percentile is $290k which fits the comment I was replying to ("a little under $300k") and by definition not an outlier.

Actually, looking at the earliest data points levels.fyi still shows under the same page, $300k doesn't seem to be an outlier in 2017 either: https://imgur.com/a/hhO7dQE

Anecdotally, Google has not become any more competitive in the past few years as far as compensation goes.

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#235

Post by totalZero »

optimiz3 wrote: post #219
totalZero wrote: post #129

Earlier quoted context omitted.

How exactly are you earning 10% interest?

You can do it fairly reliably selling calls against large equity holdings. Doesn't have to be 10% if capital base is higher.

That's not interest, it's yield enhancement. You're giving away upside potential in exchange for premium collected, and you still have downside exposure.

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#236

Post by victorhn »

Saleshooman wrote: post #153

Ever since I graduated I have worked in technology, SAAS (B2B) specifically I am 27 year old- Male, SAAS (B2B) specifically. I just accepted an offer to leave one of the hottest companies in the Bay (Went from 400 mil (2.5 Years ago, when I started) to 6 Billion today), I work in sales and have now been a part of 3 unicorns in the last 5 years. (All of them I started as an employee when they were small, 1 is worth 1.…

Can we get the story about how you lost 392k?

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#237

Post by MetricExpansion »

yadaeno wrote: post #29

Pre-Covid much of my job satisfaction came from the sense of comradery of working on a team. Even as an introvert I enjoy interacting with coworkers, and being intune with the needs of the group and generally helping other people succeed. When we transitioned to full remote, all of this was stripped away and I was left to focus purely on a product that on its own I was not passionate about (think ad-like product). I…

I recently landed a new job. I'm currently in the process of leaving my old job and awaiting my first day at the new one.

And I think this played into it. I was pretty happy with my old position, but I did have some small desire to find something new. What always kept me back was the fact that I liked the people I worked with.

But as WFH has sort of dragged on, I found that the social bonds have become a much weaker glue for me and there's a minor burnout coming from how stale it is working from home. The camaraderie that kept me at my job sort of faded away. The monotony and increasing apathy toward the people I was working with really pushed me hard into wanting some kind of change, and so almost on a whim I applied for a job at a company that I've been itching to work for. And I got it!

So I'm excited about my new job. I think it'll be more impactful and interesting work where I'm going to get to grow my skills a lot. And my compensation will be doubled. I should be happy that the circumstances forced the change, but I'm also a little uncomfortable with the feeling that it was an impulsive decision due to a mental state that has been caused by temporary circumstances.

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#238

Post by golergka »

In every HN thread that discusses this, there's one very important aspect often completely missing: international remote work. I changed jobs a couple of months ago, accepting a remote position at american company, and my income increased 4 times.

Why any developer outside of US wouldn't take advantage of this opportunity?

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#239

Post by BatteryMountain »

sam0x17 wrote: post #226
BatteryMountain wrote: post #201

Earlier quoted context omitted.

I think maybe it has to do with isolation. For most of us, we just tolerate the job/company we are currently at. Social events, camaraderie and a sense of "we are in the same boat" causes people to continue on. Then lock-downs came and suddenly all of that is gone. You are now stuck in isolation with the thing you actually deep down dislike or resent. Previously, going to the office was like fighting in a pit, but at…

I just find this perspective to be largely BS. Have you actually worked from home and/or are you really just a CEO worried that this whole office expense you've paid for for years is/was worthless? You are correct that most people tolerate the job/company they are at, and this extends to the bullshitty "make the CEO feel important" things like social events, camaraderie, etc., which you seem to be in the minority for…

Been working from home 3 days per week before lock down. Fully remote since 7 March 2020 and been to the office exactly 3 times.

Not an CEO, "just" a developer that is also almost at the end of the rope.

I'm not hating on WFH, just my observation on some things that's been creeping in. I basically go to the coffee shop across the street every single day to get out and see other humans + sunshine (I live alone).

Re: Ask HN: Is the Great Resignation in tech real? If so, why?

#240

Post by kaycebasques »

influx wrote: post #152
kaycebasques wrote: post #71

In June 2021 I left Google after 6 years. I outlined my motivations here [1]. Long story short it's a conscious bet that time and energy are scarcer commodities for me than money. I'm not sure I'll last a full year but I think I have a few months left in me. [1] https://kayce.basqu.es/sabbatical/prologue

If you feel so inclined a nice project would be a RSS feed for your blog :)

I threw one together: https://kayce.basqu.es/feed.xml
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