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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#131

Earlier quoted context omitted.

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…

Doesn't university student already imply financial security? I don't know how socialist education is in the UK nowadays. I know in the Netherlands it used to be that your education is effectively paid for (either free / you get a scholarship like I did, or a very attractive loan scheme). But they changed the system so it's a loan for everyone now, which will put a damper on how many people go to college / university…

It's a bit above £9000 a year but everyone gets a student loan guaranteed, same with some level of means tested maintenance loan. This means that it's usually a "free" upfront cost to go to uni, however you eventually have to pay it off once you become financially eligible to do so

Re: “Great resignation” wave coming for companies

#132
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 haven't taken a gap year myself but a good friend took a six month unpaid travel-leave period in the company we both used to work for. He had a great time. When he finished and got back into work he realised that his break very similar to a female employee taking maternity leave. As it happened, our company was quite good with maternity leave, and many of the women who took it resumed very successful careers. So, p…

> When he finished and got back into work he realised that his break very similar to a female employee taking maternity leave.

I have not met a single woman who would compare maternity leave to a travel leave and a “great” time.

Infants are a ton of work, and between recovering from the birthing process (a vaginal tear with a few stitches is considered one of the best outcomes), learning how to breastfeed, only sleeping 2 hours at a time due to breastfeeding, diastesis recti ruining your abs and making your core weak, pain from clogged milk ducts, pumping breast milk for storage since the US does not provide adequate leave so the kid has to go in daycare, hemorrhoids for a good portion of women, etc.

I have no doubt anyone who has been through this would rather work an office job for 6 months.

Re: “Great resignation” wave coming for companies

#133
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…

In 2016 I took about half a year off, staying in Thailand and working on my hobby projects.

Was one of the best, most happy periods in my life.

It made me more focused on trying to reach early “retirement” so I can work fulltime on my hobbies. Hopefully I can achieve this goal before I’m 45 years old.

Re: “Great resignation” wave coming for companies

#134
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 kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. You hear a heck of a lot more about it on HN than happens in reality. Maybe I don't hang out with the trust fund crowd enough but I don't know ANYONE who's taken a "gap year" where they weren't doing something for ~40hr/wk in order to make a buck. I know a few people who didn't jump right into career stuff after college…

I guess we have different social circles, but I know many people who have done this and none of them are "trust fund crowd". Have done it myself for multiple half-year-or-so periods as well. Maybe it's more of a European thing to do.

I spent 3 months as a research assistant in Australia and used savings from that period to travel in South-East Asia and South America for 6 months or so. Shortly after graduating, having saved a bit as a student (again - Europe, I managed without student debt, having done web development next to my studies), I went to a conference in Taiwan with my MSc thesis and traveled back home over land. Then after working a little bit on my first job again I traveled, hitchhiking to/through the Middle East and Russia.

It's all very doable if you don't spend a lot - during many of these trips I spent $400-$1000/month.

Highly recommend it, traveling in Turkey/Iran/Oman/Georgia/Russia/Ukraine definitely shaped my perspective on the world.

Re: “Great resignation” wave coming for companies

#135
post #3

I'm not sure I believe the conclusion based on the survey. Resigning and "thinking about quitting [your] job" are very different things. I've spent my whole working life thinking about quitting but I've rarely actually quit, the pandemic hasn't changed that.

I am curious to know if it still has an impact. An employee who no longer plans to stick around has substantially different motivations.

Re: “Great resignation” wave coming for companies

#136
> "I don't envy the challenge that human resources faces right now," says Anthony Klotz, an associate professor of management at Texas A&M University.

Maybe part of the problem is sitting right there in plain sight. Looking back, virtually every work frustration that led me to start looking elsewhere was nothing that HR could (or should) fix. In my experience, the degree of HR's influence over company culture, hiring, and firing directly correlates to the degree that the work environment is impersonal, homogenized, and rote.

Re: “Great resignation” wave coming for companies

#137
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 recommend traveling. See all the places, you want to see, with no pressure of having to go back to work by a fixed date, soon. Meet people, make new connections, chances are, you will find new opportunities to work, along the way. Bonus points, if you have all your stuff packed somewhere and not have to pay any rent. But it depends what you want, if you like your home, keep it. Have projects in your home ... There…

I took 3 years off, didn’t do anything other than read, watch tv, go to the movies, and walk/ride my bicycle. Never traveled once. Loved every minute of it.

Doing nothing doesn’t get boring for everyone. And it’s my time not yours so who’s to say what a waste is?

My biggest advice is to do what you want and don’t feel like you have to live up to some HN-gap-year fantasy. You might regret sitting in your apartment surfing the internet (I didnt) but you might also regret traveling. It’s your time. Do what you want.

Re: “Great resignation” wave coming for companies

#138
My last company wanted me to wear face knickers at the office because of the scaredemic. I told them viruses are invisible. Pandemics are NOT. I don't see any signs of a pandemic anywhere, except all the maskholes at the grocery store and the fear porn on the fake news. Hopefully my ex boss is still trying to shove that job up his arse, sideways.

Re: “Great resignation” wave coming for companies

#139

Earlier quoted context omitted.

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…

Doesn't university student already imply financial security? I don't know how socialist education is in the UK nowadays. I know in the Netherlands it used to be that your education is effectively paid for (either free / you get a scholarship like I did, or a very attractive loan scheme). But they changed the system so it's a loan for everyone now, which will put a damper on how many people go to college / university…

The loan in the UK is effectively a tax, and doesn’t really directly play into anything when getting a mortgage for example (but of course your take home is reduced)

The point is though - you don’t get anything at all until you actually attend classes. So taking a gap year means having to fund it yourself, or have generous parents but what this comments author describes is closer to ‘normal’ - a large number, not necessarily a majority, of 18year olds will plan out a gap year contingent on taking a part time job at some point and then using that to fund travel or something - before taking up a place on a course (and hence receiving the money)

If you have luck/motivation/connections/skillset - you might find a job related to your (future) degree too. I knew several people on my CS course who worked IT support at a local office for a few months whilst living with their parents - then set off on a backpacking trip somewhere exotic.

Re: “Great resignation” wave coming for companies

#140
post #3

I'm not sure I believe the conclusion based on the survey. Resigning and "thinking about quitting [your] job" are very different things. I've spent my whole working life thinking about quitting but I've rarely actually quit, the pandemic hasn't changed that.

I suspect what the authors are presuming is a relationship between the variable "proportion of workers thinking about quitting" and the variable "near future quitting rate".

Imagine if I told you that the number of people "thinking of buying a Tesla" had gone up dramatically. Now, most people can't afford a Tesla, so no, not everyone is going to buy a Tesla. But if overall the proportion of people thinking about it went up, you wouldn't be surprised if the number of Tesla sales went up soon, and would probably be surprised if it fell.

What I'm saying here is that it would be weird if those two variables are completely independent.

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