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Who Is Driving the Great Resignation?

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Re: Who Is Driving the Great Resignation?

#61

Post by user-the-name »

tick_tock_tick wrote: post #41
user-the-name wrote: post #35

Earlier quoted context omitted.

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.

> This is just a simple mathematical property of the crypto market. What? I don't doubt that people on average lose money but I don't know of anything fundamental about crypto markets that makes it a mathematical property...

Cryptocurrency trading is, because of market fees and mining fees, a negative-sum game. That means that on average, you will lose money if you play.

Unless you are a miner or run an exchange, of course.

Re: Who Is Driving the Great Resignation?

#62

Post by tombert »

joshstrange wrote: post #36
willvarfar wrote: post #29

Earlier quoted context omitted.

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/argume…

I mentioned this in a sister thread as well, but I totally agree. A lot of companies really do not want to hear criticism, no matter how much they say they do.

On an individual level, I've had managers that I genuinely do trust, and with them I probably would give honest feedback, but sadly none of those managers have ever actually conducted my official "exit interview".

Re: Who Is Driving the Great Resignation?

#63

Post by forgotmypw17 »

I gradually dropped out a few years ago. I worked my way up in tech, wearing many different hats, for about 20 years, to a three-page resume and being able to find a six-figure job at the drop of a hat.

But the trade-off was not getting enough sleep, and feeling like my life's energy was being directed to making the world worse, not better. My work amounted to improving the efficiency of profit-making of the business, and getting a small piece of it to keep. I worked in finance supporting applications to facilitate MBS. I worked in advertising agencies to facilitate the sales of harmful products like petroleum and sugar water. All in all, my conscience was not clean.

Then there was the stress of arbitrary deadlines. And the constant disappointment of shipping something written haphazardly and then retired after a couple of years, replaced by another pile of crap.

It was a great learning experience. I think of it as university, where you also do a whole bunch of useless and pointless busywork in order to learn the skills. But eventually, it was time to go and move on.

I live primarily fregan lifestyle now, meaning I avoid using money as much as possible, for both ethical and practical reasons. I am generally able to sleep as much as I want, meditate as much as I want, and refactor my code as much as I want. I am almost never in a rush, and I feel much calmer and happier.

Re: Who Is Driving the Great Resignation?

#65

Post by peakaboo »

willvarfar wrote: post #8

My own personal data point is that, with COVID, some tech companies are embracing remote work and suddenly I can enter a much wider and higher paid job market without having to relocate. Companies that aim to get butts back in the office are going to have a huge brain drain.

I read it as "huge butt drain" since you talked a about butts in chairs. :)

Re: Who Is Driving the Great Resignation?

#68

Post by aprdm »

forgotmypw17 wrote: post #63

I gradually dropped out a few years ago. I worked my way up in tech, wearing many different hats, for about 20 years, to a three-page resume and being able to find a six-figure job at the drop of a hat. But the trade-off was not getting enough sleep, and feeling like my life's energy was being directed to making the world worse, not better. My work amounted to improving the efficiency of profit-making of the business…

Was there any industries that you cared about and could apply tech to? That's usually a good way to go about it, instead of chasing money/profits.

For example: Clean energy, a non profit, etc.

Re: Who Is Driving the Great Resignation?

#69

Post by silicon2401 »

daxfohl wrote: post #16
willvarfar wrote: post #8

My own personal data point is that, with COVID, some tech companies are embracing remote work and suddenly I can enter a much wider and higher paid job market without having to relocate. Companies that aim to get butts back in the office are going to have a huge brain drain.

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

Just a personal anecdote, I feel way closer to my current coworkers (who I've only met in person twice) than at my first job where I simply didn't have much in common with any of my coworkers. If you really click then you can get along online, but if you work with someone in-person, there's no escape if you don't like them.

Re: Who Is Driving the Great Resignation?

#70

Post by mdorazio »

Is there any actual granular data for this that I’m missing? How many of these resignations are actually moves to another position vs quitting entirely? What’s the breakdown by industry? The high-level early/mid/late career stats provided aren’t particularly illuminating.
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