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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#381

Post by marvin »

malozite wrote: post #348
the_fire_friar wrote: post #192

Earlier quoted context omitted.

I think the FIRE movement is going to see a huge surge. Financial Independence Retire Early

I find the FIRE movement fascinating but also slightly depressing. Among the actually old (my parents' generation - in their 60s and 70s) retirees I know, around half of those retiring from decent 'knowledge worker' jobs have kept on working part-time to some extent. They are consultants, advisers, board members, independent researchers, and so on. They seem to be very happy - they are working at something they are g…

I've been following this movement for well over a decade now, and it's not a heterogenous community. You see the entire spectrum, from people who just want to get really rich and indulge in expensive hobbies like keeping their own private jet, people who end up working and earning more after they're financially independent, to people who are burned out and can only imagine a retirement existence consisting of beaches and Netflix, plus quite a few bitter folks who mostly care about tearing others down.

The 'RE' sort of implies not working, but I've seen plenty of accounts of people who ended up with varying degrees of work and income after they quit their regular jobs. For the folks who seem to seek retirement above all else, I wouldn't be surprised if burnout is both a big part of the motivation and the reason for why that is their main focus.

Re: “Great resignation” wave coming for companies

#382

Post by [deleted] »

ChrisMarshallNY wrote: post #204

in 2017, I left my job of 27 years. Back then, the market was flooded with young folks out of bootcamps. So much so, in fact, that several companies had absolutely no problem treating me in quite shabby fashion, as I have committed the crime of Eld, along with a rather disturbing level of Provable Competence. These seem to be characteristics that immediately mark people for ridicule, humiliation, and indignity. Fortu…

[deleted]

Re: “Great resignation” wave coming for companies

#383

Post by imtringued »

malozite wrote: post #348
the_fire_friar wrote: post #192

Earlier quoted context omitted.

I think the FIRE movement is going to see a huge surge. Financial Independence Retire Early

I find the FIRE movement fascinating but also slightly depressing. Among the actually old (my parents' generation - in their 60s and 70s) retirees I know, around half of those retiring from decent 'knowledge worker' jobs have kept on working part-time to some extent. They are consultants, advisers, board members, independent researchers, and so on. They seem to be very happy - they are working at something they are g…

Yes, it kinda doesn't make sense. You don't want to "retire". You want to work on the things you care about. There are jobs that pay poorly but are still very interesting. Retirement is what you do when you can't work anymore.

Traveling the world is fun but it's not incompatible with work. You just need to ask for long chunks of vacation, say two to four weeks in a row. If all you do is work a 40 hour work week then given the right schedule you still have half a day plus weekends left for leisure.

What people truly want is FU money. They want negotiation power.

Re: “Great resignation” wave coming for companies

#384

Post by ChrisMarshallNY »

deagle50 wrote: post #234
quaffapint wrote: post #174

Earlier quoted context omitted.

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?

SoftWare Engineer

Re: “Great resignation” wave coming for companies

#385

Post by myko »

I've interviewed a lot of devs in the midwest (Columbus, OH) the past few months and everybody, even new college grads, expect $120k+ salaries. Mind blowing to me as I know devs who've been around ~10 years in the midwest who are only approaching those numbers.

Re: “Great resignation” wave coming for companies

#386

Post by mhroth »

throwaway894345 wrote: post #335
admissionsguy wrote: post #286

Earlier quoted context omitted.

You are not getting health insurance in most European countries unless you are working or registered as unemployed and remain at disposal of the local job centre. And the whole meme that a 65% tax rate +25% vat on most products on top of it (I am in Sweden) is somehow worth it financially because "fReE HeAlThCaRe" is laughable.

To be clear, I'm merely saying "the complexities of the American healthcare system might be why Europeans are more inclined to take gap years". That said, I didn't know that European public health insurance was commonly contingent on employment. I would be curious to know more about this.

In Switzerland at least, health insurance is definitely _not_ contingent on employment. It is specifically a private issue.

Re: “Great resignation” wave coming for companies

#387

Post by CoastalCoder »

deanclatworthy wrote: post #213

Listen, I am completely on board with giving employees the right to choose the remote situation - but don't be surprised when you're competing against people from all over the globe, who will probably take a lower salary than you, who probably aren't entitled as you, and will bite at the opportunity. Furthermore, what are employers meant to do with their workplaces when employees are half-in, half-out with the office…

> Furthermore, what are employers meant to do with their workplaces when employees are half-in, half-out with the office thing. Many folks (myself included) want to have 1-2 days at the office a week, but have the flexibility to decide that. That's not going to help my employer decide how much space is needed or whether to renew their lease.

The baseline (pre-pandemic) is that the employer needs to provide enough space for most/all of the workforce to be concurrently in the office.

If the employer allows location flexibility, I don't see how that's a problem for the employer. The employer might feel frustrated about a missed, uncertain opportunity for downsizing the office space. But I wouldn't expect having fewer people occupy those workspaces add significant cost compared to having everyone onsite.

The only real downside I can think of is in a competitive market, where whichever companies could safely shrink their office space might be able to lower the the price of their product / service.

Re: “Great resignation” wave coming for companies

#388

Post by ryandrake »

Wonnk13 wrote: post #370
dcolkitt wrote: post #325

Earlier quoted context omitted.

> Expressing intent to resign, and actually resigning are completely different things. You have to ask yourself, why this is the case. And the simple answer is status quo bias. Many dream of a different life, but few will actually pull the trigger on a major change. However if a company suddenly changes an established working relationship, then all bets are off the table. If people have gotten used to WFH, and now yo…

>Never piss off your employees by taking away something they feel entitled to. I've read one of the easiest ways to break moral in an office is to simply take away the snacks. Forget nap pods, or walking desks- don't touch my clif bars!!

Steve Blank wrote about this: https://steveblank.com/2009/12/21/the-elves-leave-middle-ear...

Re: “Great resignation” wave coming for companies

#389

Post by SebastianKumor »

I was on my severance package from mid January until end of may 2021 and I was just working on my apps and doing my hobbies and it was one of the best times I had. Now that I got another job that pays pretty well compared to what I had before or even similar jobs to where I live I feel like meh and I am trying to figure out how to go to the work on my own stuff/hobbies asap.
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