“Great resignation” wave coming for companies • Hacker News Board

Re: “Great resignation” wave coming for companies

#231

Post by ghotli » Mon, Jun 14, 2021, 2:11 PM UTC

Pet_Ant wrote: post #19

The increasing acceptance of working from home has allowed me to get offers from major cities nearby instead of being low-balled by my small town rate.

For what it's worth, this was my strategy living in a bigger city in the south. Local salaries are so egregiously out of line with the national US market that breaking into remote work a decade ago is easily, easily the best decision I've personally made.

At the time it was hard work and a bit of serendipity. At this point I already found a great remote job I have no desire to leave. It's wild that currently there is a deluge of recruiters from very large west coast companies trying to get me to join without any relocation. That's been a big shift in the past year. Good time to live somewhere cheap with decent internet.

Re: “Great resignation” wave coming for companies

#232

Post by Semaphor » Mon, Jun 14, 2021, 2:11 PM UTC

throwaway0a5e wrote: post #111

ta988 wrote: post #98

Earlier quoted context omitted.

Do we really have a precise scale for those things?

People tend to flip flop between the classical "wealthy people but not born into centuries old familial wealth on the top end and successful doctors, lawyers and financial professionals on the bottom end" definition and the "blue collar workers plus or minus a little" definition based on whichever is more convenient for the point they are trying to make that minute. Basically the GP is using the former definition and…

> Basically the GP is using the former definition

I actually oriented myself more on the numbers for Germany. Which means middle class is a single household with about 2000€ net income per month. That includes a lot of trade workers. It is perfectly possible to finance a gap year without or just minor parental support.

Re: “Great resignation” wave coming for companies

#233

Post by nkingsy » Mon, Jun 14, 2021, 2:11 PM UTC

gota wrote: post #164

samvher wrote: post #134

Earlier quoted context omitted.

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, havin…

The exchange rate is what makes it possible. Any $1000USD goes a long way in many places. If you save $24.000USD you can live like an itinerant mid-to-upper-middle-class for a full year in most or all of Latin America, for example.

Yup. When I played online poker for a living for a bit after college, coming home for a few months and staying with my parents was more expensive than traveling.

Re: “Great resignation” wave coming for companies

#234

Post by deagle50 » Mon, Jun 14, 2021, 2:11 PM UTC

quaffapint wrote: post #174

lordnacho wrote: post #52

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 ver…

Im not seeing a lot of remote/hybrid offers in the midatlantic area (from my little checking around my area). It's a lot more "we're remote right now and haven't determined our remote strategy" which like my current place generally means we'll expect you back, but might be a little more lenient on why you need to do a special WFH day. I've done both full remote and full open office. I think being close enough to go i…

SWE?

Re: “Great resignation” wave coming for companies

#235

Post by martin_a » Mon, Jun 14, 2021, 2:12 PM UTC

ChrisRR wrote: post #212

bingidingi wrote: post #190

Earlier quoted context omitted.

$680 is probably somewhat typical, I pay $1000/mo for family coverage. It only covers "medically necessary" procedures as deemed by the insurance company (there are some laws requiring certain procedures to be covered). You have to use specific doctors and facilities. Typically you have a deductible as well. I have to pay $4,000 out of my own pocket before insurance kicks in. Preventative care (check-ups) are usually…

Medically necessary is still a rule in the UK NHS. It doesn't cover cosmetic surgery unless there's a very good reason (like something affecting a person's quality of life) I think excess is what you call a deductible, as in if I have an accident in my car, I pay for the first £250 and that's the excess. The value of the coverage is the maximum amount they'll pay out. I don't know if I have that on my car, but my hou…

> I don't know if I have that on my car

This should be fairly standard around the EU. In Germany this is capped at around 1 million, I think.

Which sounds a lot, but bigger accidents can ramp up a lot of costs...

Re: “Great resignation” wave coming for companies

#236

Post by saucymew » Mon, Jun 14, 2021, 2:12 PM UTC

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…

Good for you, I hope this is a new journey of self-reflection and recharging for your next adventure.

Re: “Great resignation” wave coming for companies

#237

Post by obstacle1 » Mon, Jun 14, 2021, 2:13 PM UTC

throwaway0a5e wrote: post #30

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…

>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…

> trust fund crowd

You're on a discussion board filled with software developers and tech employees generally. The vast majority of such workers make a lot of money. If you're working in tech and you can't bank enough to take 6m-1yr off, you're doing your finances wrong. It doesn't require a trust fund to avoid the hedonic treadmill and save up.

Re: “Great resignation” wave coming for companies

#238

Post by hughrr » Mon, Jun 14, 2021, 2:13 PM UTC

toyg wrote: post #48

throwaway0a5e wrote: post #30

Earlier quoted context omitted.

>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 learnt of this sort of thing only after I moved to the UK, where it's traditional for wealthy and middle-upper-class kids to take a long break between college and university - a habit that probably comes from the times of the "grand tours" of continental Europe in XVIII and XIX century. I've met people who do it on a 6-months basis - 6 months travelling, 6 months earning. They don't make much, their career is somew…

I did this. I worked for the year cleaning toilets. It’s not all rich middle class folk who do it :)

Re: “Great resignation” wave coming for companies

#239

Post by tfehring » Mon, Jun 14, 2021, 2:13 PM UTC

ChrisRR wrote: post #46

markh wrote: 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

It’s much less of an issue than it was a decade+ ago. Unemployed people in the US get free health coverage through Medicaid pretty much everywhere but the Deep South, albeit with a limited selection of doctors.

Re: “Great resignation” wave coming for companies

#240

Post by ghaff » Mon, Jun 14, 2021, 2:13 PM UTC

Orou wrote: post #222

throwaway894345 wrote: post #186

Earlier quoted context omitted.

> Maybe it's more of a European thing to do. Yeah, for Americans it means buying health insurance which is quite a lot more expensive than what you get from your employer.

You can get travel insurance for extended trips. I'm American and I've taken multiple 6-month trips abroad (usually after quitting a job). Backpacking just isn't part of the American culture.

Regular travel insurance != health insurance. It will basically cover you getting stabilized and shipped back home but then you're on your own. (And lost travel deposits.)