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Who Is Driving the Great Resignation?

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Re: Who Is Driving the Great Resignation?

#31

Post by croutonwagon »

Guest42 wrote: post #21
daxfohl wrote: post #16

Earlier quoted context omitted.

The opposite effect could be in play here too: remote employees feel less connected to their team and are more willing to quit.

Anecdotally, I've seen 4 people leave for career advancement versus 1 that left due to wanting to be in the office.

Theres a peer pressure factor.

While i was personally relieved to be back in office. I have also seen a few colleagues able to jump to more lucrative deals without uprooting their lives, which i find a bit intriguing. Im happy where I am at, but I have done a lot of good work (basically recycled our entire infra and migrated to a WFH culture) and havent seen a raise in 3-4 years..

So it has me thinking of putting feelers out when i otherwise probably wouldnt. Doesnt help that I was snubbed for a role that I was ASKED to apply for by one of the hiring comittee members and didnt even get an interview internally. So I know where I stand.

Re: Who Is Driving the Great Resignation?

#34

Post by canadianwriter »

mcguire wrote: post #28

Step one: figure out who is leaving. Step two: "Ask yourself which factors could be driving higher resignation rates?" Step three: Fix it. And somebody said the Harvard Business Review was worthless.

A lot of management consulting is exactly that - the answer is simple when you look at it this way, but they need to back it up. That's why they quantify it and don't just say "fix it".

They studies thousands of companies to come up with the above - you could make it up on the spot but that study gives them way more credence. It's like when science is done on something we consider obvious - it's still valuable to have the data.

THey also guide on examples of what sorts of things to look into. Most companies have serious noise to signal ratios with their data - this tells people what data to actually look at.

Re: Who Is Driving the Great Resignation?

#35

Post by user-the-name »

rcpt wrote: post #23

People are getting fuck you cash from stocks, housing, crypto. What's the point in working for a few thousand dollars every other week when your portfolio swings double that every day.

People, on average, lose money trading crypto. This is just a simple mathematical property of the crypto market.

On paper, it looks like a lot of people made a lot of money. But in actual money, on average, you will lose.

Re: Who Is Driving the Great Resignation?

#36

Post by joshstrange »

willvarfar wrote: post #29
lrem wrote: post #19

Earlier quoted context omitted.

Asking why they leave is risky. You might learn things you don't want to learn.

Standard advice is to be falsely positive in exit interviews. The internet is awash with guides to not burning bridges etc.

This 100%.

Sorry but I'm probably not going to tell you all the reasons I'm leaving or the issues I see with the company. I have no intention of coming back but I won't burn the bridge on my way out or sour any chance of a good referral down the line. Also companies are notoriously bad at hearing anything negative (no matter how true) about themselves. I'm leaving, so I have no interest in getting into a fight/argument or being gaslit on my way out.

Re: Who Is Driving the Great Resignation?

#37

Post by giantg2 »

willvarfar wrote: post #29
lrem wrote: post #19

Earlier quoted context omitted.

Asking why they leave is risky. You might learn things you don't want to learn.

Standard advice is to be falsely positive in exit interviews. The internet is awash with guides to not burning bridges etc.

At my company, the bridge auto-ignites behind you. They blacklist you. They also won't provide referenced nor allow manager to give you one.

Re: Who Is Driving the Great Resignation?

#38

Post by alexchamberlain »

willvarfar wrote: post #29
lrem wrote: post #19

Earlier quoted context omitted.

Asking why they leave is risky. You might learn things you don't want to learn.

Standard advice is to be falsely positive in exit interviews. The internet is awash with guides to not burning bridges etc.

I want honest feedback from the exit interview- it's the only way we can improve as a team you leaving, and the way you performed and conducted yourself while working on the team has a far higher weighting for me than what you say to HR on the way out.

Re: Who Is Driving the Great Resignation?

#39

Post by marketingtech »

The marketing world is currently a game of musical chairs with buyers and sellers switching sides or people making lateral jumps to different clients or agencies.

The cost of switching is lower with remote work - fewer social bonds with coworkers, fewer fringe benefits to consider (travel, fancy office, expense/entertainment accounts), no change in commute.

People are willing to try the same job in a new company for the shot at an easier to climb corporate ladder because the only cost to switching is swapping one company-owned laptop and phone for another.

Re: Who Is Driving the Great Resignation?

#40

Post by anon9001 »

user-the-name wrote: post #35
rcpt wrote: post #23

People are getting fuck you cash from stocks, housing, crypto. What's the point in working for a few thousand dollars every other week when your portfolio swings double that every day.

People, on average, lose money trading crypto. This is just a simple mathematical property of the crypto market. On paper , it looks like a lot of people made a lot of money. But in actual money, on average, you will lose.

You've got it exactly backwards, just look at the market cap change over time: https://coinmarketcap.com/charts/

In a bull market, anyone can make money with just about any bet.

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