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Who Is Driving the Great Resignation?

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Re: Who Is Driving the Great Resignation?

#71

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.

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.

Not saying this happening to you :) but it's too late for you or that person.

Meaning that person most likely has been suggesting fixes/complaining (to you 1-1) about 'X' which you have control or 'Y' which you do not.

If it's 'X' (you can control), then it's your fault for not stepping up and fixing it. Expecting someone to summarize everything they've been saying to you for a year (just read your 1-1 notes) is not cool.

If it's Y, then there's nothing you can do or say, to convince the person to stay.

It's mostly correct IMHO, that people leave companies because of managers and their inability to listen or write notes in their 1-1.

Re: Who Is Driving the Great Resignation?

#72
post #68

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.

I worked for a non-profit, and it was largely the same, minus the chasing profits part. The salary was lower, and perhaps the negative impact was smaller, but I did not feel a positive impact at all. It still felt like I was largely feeding and validating the same processes.

I don't know about others, but I just don't feel like I am designed for living the same schedule day in, day out, week in, week out, year in, year out, until I look back on it and wonder, where did all the time go?

And you know what, that feeling has gone away for me. I don't remember the last time I felt that "time is slipping away" feeling. In fact, I often feel the opposite: Things which happened just a day or two ago feel like several weeks have passed, and time has stretched out.

Re: Who Is Driving the Great Resignation?

#73

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.

Google just bought a pretty expensive office though..

Re: Who Is Driving the Great Resignation?

#74
As someone who just started looking, here is personal reasons:

* Major layoffs early in COVID meant more work for everyone not laid off

* Being run to death to implement new must-have features to keep the business going with the new COVID restrictions (different businesses saw this in their own ways - needing curbside pickup interfaces being a common one)

* Getting further into COVID, starting to hear how great business is doing with massive unforeseen profits - but not seeing any of those profits in my paycheck

* Not able to get approval to get back up to pre-covid staffing levels means everyone is continuing to be overworked

Re: Who Is Driving the Great Resignation?

#75

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...

Well, it is.

The only way money enters the crypto market is by people buying it, and it leaves both by people selling and by intermediaries taxing transactions. So, on an average, people must lose money.

Re: Who Is Driving the Great Resignation?

#76
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.

On average people have made tons of money. The earlier involved the better. If the market is growing you will see values increase.

Re: Who Is Driving the Great Resignation?

#77

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…

Do you own your home?

Re: Who Is Driving the Great Resignation?

#78

Earlier quoted context omitted.

> 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...

Well, it is. The only way money enters the crypto market is by people buying it, and it leaves both by people selling and by intermediaries taxing transactions. So, on an average, people must lose money.

That's obviously wrong if the price keeps going up like it has.

Re: Who Is Driving the Great Resignation?

#79
post #68

Earlier quoted context omitted.

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.

I worked for a non-profit, and it was largely the same, minus the chasing profits part. The salary was lower, and perhaps the negative impact was smaller, but I did not feel a positive impact at all. It still felt like I was largely feeding and validating the same processes. I don't know about others, but I just don't feel like I am designed for living the same schedule day in, day out, week in, week out, year in, ye…

Interesting. I work in an area that I really enjoy (movies) as I consume the end product, and feels like I'm doing something to improve people's life. Of course there's many issues with the industry and whatnot, but still feels like my contributions are net positive to the world.

I'm OK with living on the same schedule and with routine, my work hours and days are super flexible so it isn't something that has been an issue.

Re: Who Is Driving the Great Resignation?

#80
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.

It is. And this answer is why I alluded to exit interviews. Understanding the structural reasons why this standard advice exists is the first step in a line of questioning that leads to some uncomfortable conclusions for HR and businesses, but on the same turn that makes it precisely why it should be investigated.
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