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Toxic culture is driving the great resignation

sloanreview.mit.edu

101–110 of 385 posts

Re: Toxic culture is driving the great resignation

#101
post #49

Earlier quoted context omitted.

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.

What's considered a starter home? In England (well, the south-east of England), lots of people get started in a 1 or 2-bed flat (~60m²), maybe move up to a small terraced or semi-detached when they have kids.

They just don't seem to do that kind of housing in much of the US due do zoning. It's all "single-family homes", with no opportunity for more mixed-use construction that would allow for density and cheaper accommodation, such as relatively low-rise buildings (i.e., less than six floors) with one/two bed flats, or even things like corner shops, community post offices, creches, and the like. All that's illegal, which is insanity.

Re: Toxic culture is driving the great resignation

#102
post #87

This article does accidentally capture one of the major corporate problems pretty well. The conclude from their data that Toxic Workplace Culture is the biggest cause of resignation, and then they immediately suggest 4 short term things to try that don't relate to culture at all . If you have a toxic workplace culture, the very first thing you should do is to start fixing your culture. This is very hard and not fast…

A fish rots from the head down. The people in charge with the most power to solve workplace toxicity are in all likelihood the cause. If that is the case then the best advice is for people to resign and go elsewhere, just as people are doing according to the article.

Re: Toxic culture is driving the great resignation

#103
post #68
post #22

Earlier quoted context omitted.

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…

Move to a different neighbourhood.

Or try to get how zoning fixed to allow for mixed-use.

Re: Toxic culture is driving the great resignation

#104

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?

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…

I'm contemplating a move to the Riviera (family reasons). Any general advice on the tech scene down there? My French is bad at present but I have quite a bit of room for manouevre...

Re: Toxic culture is driving the great resignation

#105

Earlier quoted context omitted.

I live near Cannes, in a town of 70k people. Not super cheap but not even that expensive!

How is life there?

Very nice! Plenty of people from all around the world (many international IT companies have offices in the area)… my group of friends have more than 7 different nationalities in it! It’s quieter during the winter and very lively during summer. Weather is amazing all year round… there are 16 degrees outside right now. If you feel the need for a something that only a bigger city can offer Canne is 10 minutes away by car and Nice 20.

Re: Toxic culture is driving the great resignation

#106
post #87

This article does accidentally capture one of the major corporate problems pretty well. The conclude from their data that Toxic Workplace Culture is the biggest cause of resignation, and then they immediately suggest 4 short term things to try that don't relate to culture at all . If you have a toxic workplace culture, the very first thing you should do is to start fixing your culture. This is very hard and not fast…

Companies should pay more attention to which leaders are roundly hated since they can be the biggest contributor to toxic culture. At my company, we had a CIO who was hated by every member of the IT team. Attrition rates as well as glass door reviews reflected it. Yet they kept him there for years.

Re: Toxic culture is driving the great resignation

#107
post #14

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?

> I'll never understand the American thirst for money for the sake of it. I hope I don't come off as abrasive but I don't think you've had enough money if you think this is American or applicable only to a small subset of people. Greed has driven people forever, in different systems of government, from communism, to fascism and capitalism. Leaders have always had (or had access to) a ton of capital to influence and c…

I don’t really feel like I need to make charitable donations. That’s what taxes are for right? At least that’s something I like my goverment to take care of.

Re: Toxic culture is driving the great resignation

#108

A huge problem with this industry is the inflexibility to pay current engineers LARGELY increasing comp each year. The thought is that there is a market rate for an engineer and that pay can increase with the market rate, but this is a fallacy. An engineer that has been at a largish company for 1 year is worth 20-30% more than the year they were hired because they have specific knowledge of the tech stack. Yet that e…

so, my pay should increase within 10 years of being employed more than six-fold (1.2^10). makes sense!

Seems reasonable enough for a fresh grad. For example 50k->300k. I doubt every engineer could prove to be so valuable in the end spectrum but might work for some companies. Of course if the company fired people the model would lose it's appeal, since you are leaving money on the table on the early spectrum but have no security to reach the end.

Would you leave a company where you got a guaranteed 30% raise every year no questions asked(assuming work was interesting and you were happy with current comp)?

Re: Toxic culture is driving the great resignation

#109

Earlier quoted context omitted.

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…

I'm contemplating a move to the Riviera (family reasons). Any general advice on the tech scene down there? My French is bad at present but I have quite a bit of room for manouevre...

Between Nice and Cannes there is the Sophia Antipolis technopole where various tech companies have offices. Most (like mine) use English as the official language used on premises. I have been living here for a decade and my French is not particularly good, mostly because I don’t use it much.

Re: Toxic culture is driving the great resignation

#110
post #87

This article does accidentally capture one of the major corporate problems pretty well. The conclude from their data that Toxic Workplace Culture is the biggest cause of resignation, and then they immediately suggest 4 short term things to try that don't relate to culture at all . If you have a toxic workplace culture, the very first thing you should do is to start fixing your culture. This is very hard and not fast…

Most of the posts on here focus on wage/money and yours is one of the few that outright points out the toxic culture in companies.

I think for too long the toxic workplace has been hidden behind laywer drafted agreements when employers leave and the rest of the workforce have been captive because they thought they might not get the same job with better conditions elsewhere.

But a growing population means this is changing, a persons job might not be so unique and rare after all (this is what communication ie the internet is showing), making it possible to get the same type of employment in the same town when 20-40years ago they would have had to have moved to a different town to get the same type of job.

But when I look at (https://www.reddit.com/r/antiwork/) the theme there is bad management and exploitation. Its like employees are showing management and CEO's up, whilst questioning the wages of management/CEO's by stealth.

The irony with employees demanding higher wages, is they make AI more cost effective for replacing employees!

so when you look at Kellogg's cereals who tried to break a factory strike by setting up a website offering strikers jobs, someone from Reddit setup a bot which auto submitted fake CV's to the company to resource burn them.

Look at the recent problems with John Deere tractor company, they just the other day unveiled an AI driving tractor which needs no farmer in the cab! Now look at how farmers are up in arms about John Deere and the farmers inability to repair the tractors when they break down, the farmer has to get a John Deere tech out and farmers are hating this.

Now in fairness RTK GNSS (https://en.wikipedia.org/wiki/Real-time_kinematic_positionin...) gives centimetre level precision anyway for self driving tractors but I also think military/news outlets have also upped the game by knowing what words to use on social media to get more of a headline effect that can provoke and manipulate people, whilst also using social media & sites like this to harvest information aka intelligence gathering.

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