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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#51

Post by AlexDanger »

elevenoh wrote: post #22
dreen wrote: post #7

Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? I've never had a gap year, it was all school, then immigration, work, university, more work. Any holiday time you fly back home. I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. edit: thank you…

>Maybe more involvement in OSS is coming too? Yep, that's what I'm seeing already. Financially incentivized OSS (much of which falls under the label 'crypto') is very attractive if you're in the top percentiles of competence & drive. Has there ever been an open, competitive, global, beurocracy-free, low barrier to entry market like this?

Can you give some examples of this financially incentivized OSS that falls under 'crypto' ?

Re: “Great resignation” wave coming for companies

#52

Post by lordnacho »

I can tell you all the market for devs is white hot at the moment. I mean it was never cold, but right now seems to be insane.

If the work-from-home thing has given you thoughts about what you like, now is the time to go. I see very few firms insisting on onsite work though, having interviewed with quite a few over the last few weeks. Even guys that I know would rather have people in the office and would pay them very well are feeling forced to let people work from home at least a couple of days.

Salary wise it seems like it's breaking upwards too, though of course all I have is my own offers and the word of some recruiters. There's also just a lot of firms out there who are happy to create roles for people they like, or discuss new ventures with new people.

Also, don't forget if you're going to look, absolutely everyone is interviewing remotely. You can sit at home at interviews all day until you find the job for you, something you might not be able to once more firms go back in the office.

Re: “Great resignation” wave coming for companies

#53

Post by KaiserPro »

[citation needed]

Now, from memory I seem to recall that depending on which staffing survey, and how you phrase it, 10-35% of all employees say they intend to quit.

I'm not saying that we will won't see and increase turn over. However I suspect that given the level of disruption we've already had, I would be skeptical that its going to get worse.

The counter argument to that is of course that the people who were forced to change jobs from ones they liked (ones that were heavily hit by covid) to ones that existed, will migrate back to their old profession.

Re: “Great resignation” wave coming for companies

#55

Post by fortran77 »

I've been a consultant for years, and I'd be unable to work as an employee for any company, especially a larger one. Seeing all the bullshit employees have to put up with at companies would make me scream.

I'm not talking about the work, it's everything else. The culture.

Re: “Great resignation” wave coming for companies

#56

Post by dccoolgai »

aphextron wrote: post #41
dreen wrote: post #7

Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? I've never had a gap year, it was all school, then immigration, work, university, more work. Any holiday time you fly back home. I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. edit: thank you…

>Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? Unless you have some serious FU money saved up, I'd strongly reconsider. A "gap year" as an adult can make you radioactive to potential employers. And that cash goes quick when there's none coming in. Trust me I know. It's alluring to just w…

Learn to prevaricate better... And meet a friend who will do it for you.

"Yeah, I was the CTO of a startup. I learned a lot. Call this guy who was the CEO, he'll tell you about it."

Re: “Great resignation” wave coming for companies

#57

Post by elevenoh »

sokoloff wrote: post #44
elevenoh wrote: post #12

An anecdote: a handful engineers I've worked with (and they're all high quality) have resigned from traditional bigtech to work in open source finance within crypto. It's as though pandemic solitude gave many the mind-time to ponder their authentic values hierarchy. I'm glad more bright minds will be spending less time working directly or indirectly on ads. It's hard to watch.

I’m not passionately anti-crypto, but moving some of our best minds from ads to crypto[currencies/tokens] is not an obvious triumph to me.

> crypto[currencies/tokens]

From how I perceive the definition of the 'crypto' domain, it's a lot wider in range than currencies/tokens. These are just one integral primitive of a p2p economy.

Re: “Great resignation” wave coming for companies

#58

Post by KaiserPro »

aphextron wrote: post #41
dreen wrote: post #7

Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? I've never had a gap year, it was all school, then immigration, work, university, more work. Any holiday time you fly back home. I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. edit: thank you…

>Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? Unless you have some serious FU money saved up, I'd strongly reconsider. A "gap year" as an adult can make you radioactive to potential employers. And that cash goes quick when there's none coming in. Trust me I know. It's alluring to just w…

Its far more nuanced than that.

you won't be marked as radioactive, but you will have to reassure people that you're not planning to do it again with little to no notice. apart from that, I would plan to get back a month earlier than planned so you have a money buffer to get a job you want, rather than _need_

Re: “Great resignation” wave coming for companies

#59

Post by matheweis »

EMM_386 wrote: post #39

I've worked remotely for over 8 years as a senior software engineer, and I'm not going back anytime soon. This will get interesting for both salaries and global movement. Being a digital nomad certainly won't be as "hip" when everyone else can do the same thing. And now people are going to be competing with a lot of low-cost employees with equal skills. This has already been the issue with offshoring, but now you can…

I think that time zone bands will temper this somewhat. It’s a lot easier to work with people on the same schedule than trying coordinate with people/teams that are +/- 3 time zones away.

Re: “Great resignation” wave coming for companies

#60

Post by 0xbadcafebee »

sfeng wrote: post #50
aphextron wrote: post #41

Earlier quoted context omitted.

>Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? Unless you have some serious FU money saved up, I'd strongly reconsider. A "gap year" as an adult can make you radioactive to potential employers. And that cash goes quick when there's none coming in. Trust me I know. It's alluring to just w…

I think this is horrible advice. I’ve hired all sorts of people with voluntary time off on their resume. Your experience doesn’t ‘expire’ in a single year. Life is about more than just working, if you have the money to take time off to enjoy your life you shouldn’t not do it out of fear.

He's right about it being harder to get a job while unemployed. You finish your gap year and then spend another 6 months trying to get hired. Maybe if you lived in SF it'd be easier.
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