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Toxic culture is driving the great resignation

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Re: Toxic culture is driving the great resignation

#21

Post by jokoon »

When you add covid, climate, the antiwork movement, lack of social progress, political drama, something has to break.

There is high resentment towards capitalism and how it is being managed, and I'm not really surprised people are quitting like this, I don't even understand how can normal people hold all those jobs and deal with the stress etc.

Personally I think advocating for a general strike would help "shuffle the cards" again.

I really feel like 2008 "postponed" a political adjustment that should have happened but did not.

It's really weird to be chronically unemployed and watch this "great resignation" phenomenon.

Re: Toxic culture is driving the great resignation

#22

Post by TomVDB »

skrebbel wrote: post #10
foolfoolz wrote: post #7

> Our analysis found that the leading elements contributing to toxic cultures include failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior I don’t really believe these reasons or at least they don’t match what i’ve seen. I can only speak for FAANG: I think this is more compensation based than anything else. In an effort to level the playing field FAANGS establish l…

I'll never understand the American thirst for money for the sake of it. If HN comments are to be believed, top performer at your average FAANG easily earn $500k per year. At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places? What's the point? Why not find a job that's fun and fulfilling?

Finding a job that’s fun and fulling and finding one that is very well paid doesn’t have to be a contradiction.

But there are multiple reasons why money is a bigger focus:

- less long term job security. And that lower paid fulfilling job might very well be less secure too. I want to secure my financials as quickly as possible.

- insane cost of housing. A family sized 1800 sqft house with a garden now routinely sells for $3M in my neighborhood. You’re looking at $120k per year in mortgage payments and another $40k in property taxes. That’s after a $750k downpayment.

- the cost of higher education for kids.

- the general cost of living.

We could all move to the French Riviera, I guess, or vote for a better system that isn’t a hellscape for a significant segment of the population, but for an individual who’s forced to live in the current reality, money is a short term fix.

Re: Toxic culture is driving the great resignation

#23

Post by 99_00 »

I think the 'Great Resignation' is fake news.

When COVID hit people felt insecure so they stayed on jobs they would have otherwise quit. Look at any graph of resignations or quits, they dipped. We are seeing the pent up desire to quit hit the market.

However, pent up desire to quit doesn't make as interesting a story. Writers and researchers can use the 'Great Resignation' narrative promote any agenda or attack any workplace philosophy they want. Then readers can argue about it endlessly. The fact that it's divorced from reality means the debate can't be resolved because the premise is flawed. Media companies and sites get an endless stream of engaging but useless content.

Re: Toxic culture is driving the great resignation

#24

Post by secretsatan »

pcthrowaway wrote: post #19

> "This finding is consistent with a study of 28 Gap stores, in which employees at randomly-assigned locations received their work schedules two weeks in advance, and their managers were barred from canceling their shifts at the last minute. Employees in the control stores were subject to the usual scheduling practices." I don't even know what to say to this. The idea that big corp is intentionally fucking with their…

Isn’t the experiment to make a big corp not fuck with employees as opposed to their usual practices?

Re: Toxic culture is driving the great resignation

#25

Post by freedom2099 »

skrebbel wrote: post #10
foolfoolz wrote: post #7

> Our analysis found that the leading elements contributing to toxic cultures include failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior I don’t really believe these reasons or at least they don’t match what i’ve seen. I can only speak for FAANG: I think this is more compensation based than anything else. In an effort to level the playing field FAANGS establish l…

I'll never understand the American thirst for money for the sake of it. If HN comments are to be believed, top performer at your average FAANG easily earn $500k per year. At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places? What's the point? Why not find a job that's fun and fulfilling?

I am with you on this one! I really don’t get it… I love in France (French riviera) and my salary despite being very good for the region is very far from the hundreds of thousands of FAANG companies in the US… and yet I more than once turned down offers from FAANGs because no amount of money can bet all the other benefits I get… 35h work week (no extra Hours), very relaxed corporate environment, 35 days of vacation a year (and you are forced to take them all), basically unlimited sick leaves, telework 4 days a week (and living 10 minutes from the office), living in a nice home next to the sea! No amount of money can compensate for the possibility to have plenty of time for yourself and your family!

Re: Toxic culture is driving the great resignation

#26

Post by fastball »

pcthrowaway wrote: post #19

> "This finding is consistent with a study of 28 Gap stores, in which employees at randomly-assigned locations received their work schedules two weeks in advance, and their managers were barred from canceling their shifts at the last minute. Employees in the control stores were subject to the usual scheduling practices." I don't even know what to say to this. The idea that big corp is intentionally fucking with their…

How are they intentionally fucking with their employees? The control was the status quo and the test was something they expected to be an improvement.

They could also just... keep the status quo. Would that be more moral in your eyes?

Re: Toxic culture is driving the great resignation

#27

Post by quantified »

jahewson wrote: post #17
skrebbel wrote: post #10

Earlier quoted context omitted.

I'll never understand the American thirst for money for the sake of it. If HN comments are to be believed, top performer at your average FAANG easily earn $500k per year. At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places? What's the point? Why not find a job that's fun and fulfilling?

The cost of living is just so crazy high here though, $2.5m for a starter home in SV. More in some parts. You’d need a household income of 500k/yr to even qualify for that mortgage.

Depending on your down payment. Some FAANGers just drop 4 mil on a couple of houses and rent one out. And 1.8M is an easy starter even this month.

Re: Toxic culture is driving the great resignation

#28

Post by throw8932894 »

foolfoolz wrote: post #7

> Our analysis found that the leading elements contributing to toxic cultures include failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior I don’t really believe these reasons or at least they don’t match what i’ve seen. I can only speak for FAANG: I think this is more compensation based than anything else. In an effort to level the playing field FAANGS establish l…

Top performers are like 5% of staff? They may have high attrition, but company wide it may be very low.

And there is salary limit you may get as an employee. Most top performers will start they own business, and do the same job as independent consultants.

Re: Toxic culture is driving the great resignation

#29

Post by [deleted] »

skrebbel wrote: post #10
foolfoolz wrote: post #7

> Our analysis found that the leading elements contributing to toxic cultures include failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior I don’t really believe these reasons or at least they don’t match what i’ve seen. I can only speak for FAANG: I think this is more compensation based than anything else. In an effort to level the playing field FAANGS establish l…

I'll never understand the American thirst for money for the sake of it. If HN comments are to be believed, top performer at your average FAANG easily earn $500k per year. At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places? What's the point? Why not find a job that's fun and fulfilling?

[deleted]

Re: Toxic culture is driving the great resignation

#30

Post by HeyZuess »

skrebbel wrote: post #10
foolfoolz wrote: post #7

> Our analysis found that the leading elements contributing to toxic cultures include failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior I don’t really believe these reasons or at least they don’t match what i’ve seen. I can only speak for FAANG: I think this is more compensation based than anything else. In an effort to level the playing field FAANGS establish l…

I'll never understand the American thirst for money for the sake of it. If HN comments are to be believed, top performer at your average FAANG easily earn $500k per year. At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places? What's the point? Why not find a job that's fun and fulfilling?

> At that point, aren't you well past the point where more money brings more happiness, even in high cost-of-living places?

I think there are a few different types of people, some who think money buys happiness and too that I disagree. It however can buy other things, comfort, security, even freedom.

> Why not find a job that's fun and fulfilling?

Making money doesn't mean that it is not fun or fulfilling either. Some people also get value in their life from working hard. Working at a FAANG for example, you might work on a project used by millions if not billions of people, some people would find a sense of achievement in that.

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