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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#82
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…

Huh. Funny that you mention it. I decided this exact same thing for myself this winter, and just started. Same reasoning too. Is it only among technologists who have great recent returns in the stock market, or is this a wider trend?

Re: “Great resignation” wave coming for companies

#83

Earlier quoted context omitted.

Synchronized resignations are definitely more of a headache than staggered ones. For example, in a normal situation if I quit my boss will be able to hire someone to replace me, knowing what my strengths and weaknesses are and what gaps my departure has created for the team. If they quit then I am a source of information to whoever is hired to replace them. Of course anyone is replaceable but some knowledge will be l…

LITP: Long-Term Incentive Plan

Thank you.

Re: “Great resignation” wave coming for companies

#84
post #50

Earlier quoted context omitted.

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.

>Your experience doesn’t ‘expire’ in a single year You're right, it doesn't. But it brings up all sorts of questions in the mind of your interviewer as to the true nature of your departure, and it immediately puts you at a huge disadvantage.

[deleted]

Re: “Great resignation” wave coming for companies

#85
I've been unemployed for a long time, living on benefits, without guilt or remorse. For health and other reasons.

One problem being lack of social integration and interaction.

But honestly I don't think I can believe in the necessity of having a job, if I can't see purpose or meaning. There are few jobs that matter, and a lot of barriers and filtering.

/r/antiwork is really a viewpoint I can understand and defend.

Re: “Great resignation” wave coming for companies

#86
post #70

What I don't understand is that everyone still has roughly the same expenses as they did before. The basic economics of rent, groceries, child care, car payments, etc have not changed. I'd think people might move from one industry to another. But how can a wave of people afford to quit? I guess people are living off of their savings, but that seems like a temporary solution. At the least I'd expect to see a similar w…

Capital assets went up a surprising amount during the pandemic. My stock portfolio and my house are worth a lot more than they were 2 years ago.

I feel a temptation to use that money. I also have a nagging feeling that it’s somewhat artificial (the govt pumped a ton of money during the pandemic) so I should cash out before it falls.

Re: “Great resignation” wave coming for companies

#87
post #46
post #20

Earlier quoted context omitted.

And health insurance.

Damn, America really needs to get their act together. Being from England, I hadn't even considered that healthcare is something that has to be factored into whether someone could take time off

After I left Airbnb, I paid $680 a month to keep my previously employer-paid health insurance. Very cool, loved to have the “freedom of choice” to “participate in the market”. Insurance feels like another little way businesses seek to own people in the US. Want to own yourself? Gotta pay the lease… on your own body.

Re: “Great resignation” wave coming for companies

#88

Earlier quoted context omitted.

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."

>"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." Ah yes, an intricate lie. The very foundation of a solid working relationship.

No one you work for has a "relationship" with you unless there is nepotism involved. They will lie to you. They will throw you out when you don't make them money. The only "lie" is that there is a "relationship" and if you believe it, it will end up making you very unhappy. Live for yourself and your family.

Re: “Great resignation” wave coming for companies

#89
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…

I'm literally on that right now, working on fun projects. When you get older you just call it a sabbatical.

Re: “Great resignation” wave coming for companies

#90

Earlier quoted context omitted.

Unless rent and mortgage payments somehow evaporate, there won't be some massive wave of resignations.

> Unless rent and mortgage payments somehow evaporate, there won't be some massive wave of resignations The prediction isn’t a massive wave of unemployment. It’s people switching jobs. They will still be earning money, just perhaps elsewhere.

There might be a bump as a few employers try to capitalize on the work-from-home to get good talent. ...but in the long term, employee performance will be better in the office, and so most employees will end up back at work.

The thing the that the article misses is that the vast majority of CEOs want all employees back in the office.

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