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“Great resignation” wave coming for companies

axios.com

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Re: “Great resignation” wave coming for companies

#101

Post by elevenoh »

EMM_386 wrote: post #94
elevenoh wrote: post #47

Earlier quoted context omitted.

>In the long-term, this might get people out of packed cities and horrific commutes and help become a rebirth of small-town America (or small-town Chile and everywhere else). Perhaps. I think the shift will be to more healthy-livable cities, whether thats big or small. Vast majority of humans seem love the benefits of high population density more than they dislike the costs, remote work or not.

> Vast majority of humans seem love the benefits of high population density more than they dislike the costs, remote work or not. Over these 8 years I've lived everywhere from NYC to small town America and other countries in AirBnbs. They each have their benefits, they are just different. If you have a family, small towns can be amazing. Good school districts, tight-nit communities, great charitable events to partici…

Agree. More people should try out different living contexts to find which tradeoff matrix works best for them.

I'm now in Vancouver BC, quite a high population density, yet I find it's super easy to remain healthy & happy (air quality, access to nature, safety etc.).

Re: “Great resignation” wave coming for companies

#102

Post by dimgl »

toyg wrote: post #64
sokoloff wrote: post #44

Earlier quoted context omitted.

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.

Money gotta money. At least crypto is a slightly-less-obnoxious industry than ads and tracking...

And much less useful.

Re: “Great resignation” wave coming for companies

#103

Post by ISO-morphism »

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…

Nit: I think you meant Fargo, ND rather than Fargo, SD.

For local market rate, [1] seems to match anecdata with new grads being 50-70k. MSFT is largely responsible for anything above that.

[1] https://www.salary.com/research/salary/benchmark/software-en...

Re: “Great resignation” wave coming for companies

#104

Post by pimterry »

ho_schi wrote: post #79
Semaphor wrote: post #61

Earlier quoted context omitted.

In Germany, gap years after school or sometimes university are pretty common (at least for the middle class). They do often work, but rarely in a field related to what they studied or want to do. Instead, it’s travel-financing jobs. It used to be that it was more a thing for women, but that probably changed since draft was abandoned (before that the gap year for men would usually have been military service or alterna…

Are you sure about middle class O_o Higher-middle and upper class more likely? Kids which need to earn their money usually go straight into apprenticeship or university and earn money promptly.

In the UK it's very common. https://assets.publishing.service.gov.uk/government/uploads/... is some UK gov research that suggests it's about 20% of UK university students, which matches my experiences.

Obviously it's easier with rich parents, but it doesn't really require as much cash as you're imagining. It's pretty common to work a little first then use all the cash to travel later for example, or to work while you travel, e.g. by teaching English (TEFL - https://www.tefl.org/blog/why-tefl-on-your-gap-year/).

Re: “Great resignation” wave coming for companies

#105

Post by nicoburns »

ho_schi wrote: post #79
Semaphor wrote: post #61

Earlier quoted context omitted.

In Germany, gap years after school or sometimes university are pretty common (at least for the middle class). They do often work, but rarely in a field related to what they studied or want to do. Instead, it’s travel-financing jobs. It used to be that it was more a thing for women, but that probably changed since draft was abandoned (before that the gap year for men would usually have been military service or alterna…

Are you sure about middle class O_o Higher-middle and upper class more likely? Kids which need to earn their money usually go straight into apprenticeship or university and earn money promptly.

That's not been my experience here in the UK. Plenty of my friends spent 6 months working to pay for 6 months of low-budget travelling before heading off to university or whatever they were planning to do next (or sometimes they hadn't figured out what they were wanting to do next yet)

Re: “Great resignation” wave coming for companies

#106

Post by iceIX »

cube00 wrote: post #68
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.

What's the business model to work within open source crypto as a full time job?

Many DAOs have massive (>$1B) treasuries that are used to fund development and marketing. Developers propose OSS projects and these orgs give out grants based on community votes. See https://gitcoin.co or the Uniswap Grants program for examples.

Re: “Great resignation” wave coming for companies

#107

Post by ChrisRR »

jitl wrote: post #87
ChrisRR wrote: post #46

Earlier quoted context omitted.

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.

I'm not clued up on US healthcare, but is $680 a lot, average, low?

Does it cover all procedures? Is there an excess? Value of coverage?

Re: “Great resignation” wave coming for companies

#108

Post by mtberatwork »

hooande wrote: 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…

I think by "quit" they mostly mean look for a job elsewhere with a different employer. "1 in 4 workers (26%) plans to look for a job at a different company once the pandemic has subsided, ... " [1]

[1] https://www.axios.com/post-pandemic-job-turnover-04cdedcb-dd...

Re: “Great resignation” wave coming for companies

#109

Post by ahelwer »

NikolaNovak wrote: post #76
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 the advice is a reasonable thing to consider; a lot of responses (and presumably downvotes) are either "It doesn't matter to potential employers", which is categorically untrue - it'll matter to some, raise a question to others, and be irrelevant to others yet. How you answer that question is important, and it's fascinating that other half of comments is, basically, "Lie!". When I'm interviewing candidates, a…

You mind seems to be trapped in the employment binary where you're either a full-time W-2 employee or you're unemployed. With contracting and startups it isn't so simple. Contractors (especially ones working in boutique niches on scoped projects) might work for a month with much time between contracts. During that down time maybe they write blog posts or contribute to OSS or hang out with someone else prototyping some neat ideas that don't pan out (which might reasonably be called a startup after the fact) or just do literally nothing so as to recover from burnout, which is lethal to the contractor in a way it isn't to an employee. All of which feed into more people dropping into their inbox inquiring about their contracting availability. It isn't "lying" to say time spent not working on a paid contract is time spent in service of contracting.

Re: “Great resignation” wave coming for companies

#110

Post by aphextron »

ahelwer wrote: post #62
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…

Beyond the distasteful idea that we should always act in a way demonstrating obedience to potential employers, the solution to this is extremely easy. Gap year? No! I am merely doing independent consulting. Do I actually have any contracts? So many questions! Plus if you actually use the time to work on OSS instead of traveling or whatever I have no idea how an employer (that you'd want to work at) could fault you fo…

>Gap year? No! I am merely doing independent consulting. Do I actually have any contracts? So many questions!

People aren't stupid. They'll have questions. And lies are extremely hard to keep straight in the long term. The sad fact of the matter is that you are not a person to them in the initial hiring process. You are a piece of paper. And unless you are some rock star 10x top level candidate with impressive credentials, they'll have a dozen other pieces of paper that look just as appealing and don't have those questions attached.

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