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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?

#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

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

#72
post #22

Earlier quoted context omitted.

This is the only correct answer here.

Interest rates have been low for long time though. Seems you need another explanation to explain the recent increase in resignations.

A world with many changes?

Do we really have to put our finger on exactly why? Maybe it's a million small things. Maybe it is one or two major things. But maybe we'll never know.

The world was VERY different for a year and a half. In that way, any different outcome wouldn't be surprising. Would I have predicted a great resignation? No. Does it surprise me? No.

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

#73

I think inflation is a part of it. There is more money around but always the same internal reluctance to give raises that match the market. So higher inflation implies that more people have to switch jobs in order to take advantage.

Some managers don't understand it and dismiss inflation

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

#74

> People get large checks from the gov and are not pressured to find job. -> Irrelevant for tech workers Want to mention here, even though it may be "Irrelevant for tech workers", employment did not rise again when these checks ended. This line of reasoning is false.

also if $6000 in a year is that much to someone, then who are we to judge.

Double that, and you have the Andrew Yang version of UBI. People seem to overestimate the number of people willing to be poor. Everyone I know would choose to work even if they were getting an extra $6K to $12K per work. The people that would choose not to work and would rather spend time with their family need that kind of resource far more than me. (But, with something like UBI, I would expect to get it too!)

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

#75

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.

Yes, there are some companies who have changed to fully remote and now hiring people from anywhere. There isn't enough of these companies to make even a small blip in the global job market. The vast, vast majority of companies are still hiring people locally.

Source?

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

#77

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

Please make a follow up post. I’d love to learn from your experience.

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

#79
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…

Similar struggle. Joined the company for a group of people, who all subsequently left. Stayed on for a year of diminishing financial and psychic rewards. Now looking.

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

#80
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 feel like im reading my own thoughts. The thing that got me into work was the people not the product. I also worked in ads.

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