201–210 of 773 posts
Earlier quoted context omitted.
Negotiating courses often refer to this as the BATNA (best alternative to a negotiated agreement). Considering what that scenario is and having it as your bottom line is the best piece of advice they impart.
Having a BATNA that you're perfectly fine doing takes a huge amount of pressure off in a negotiation.
Company culture as the #2 answer seems to add weight to this...
To be clear, there's no better way to value your employees than pay them well. But I think people's motivations here are driven by more than just $$$.
I changed jobs this summer. Went from a remote position at excellent Eastern European company with a good Eaten European salary to a remote position at even better american company with a good american salary, x4 bump. And I was choosing between several very similar offers, too. A lot of people here are saying that compensation isn't that important, but you clearly haven't had your income increase 4 times when you're…
My old boss Eric Carlsen used to say, nobody left because of money. They may get more money if they change jobs. But they start looking because they're unhappy. So when somebody asked for more money, he'd start by asking what was bothering them.
Is that true anymore? Everyone I know is always on the job market, even folks who haven't jumped employers in 10+ years are regularly in idle conversation with the job market. But, the honest answer to your boss's question: what bothers me is trading my time for money. My comp doubled. I can now afford to stop working in 3-5 years instead of 10+ years. I think this attitude has become much more common in the last 5-1…
I think that's true for almost anyone--unless they're coming right up on retirement.
But there's a difference between semi-actively looking and occasionally responding to someone reaching out about something that actually looks interesting. Phone calls are rarely a bad idea unless they're complete wastes of time.
I was so checked out at the end, I bombed a big project and was totally stressed over it the entire time. After that, I made a spur-of-the-moment decision while doing a post-mortem with my boss to resign (probably would have been fired anyways).
Haven't worked since May 2021. Worked on my own project for several months, but the burn out is real and I can't seem to get back to a spot where I am 'excited' about anything let alone coding, even for myself. It has definitely taken its toll on my wife and family, and I have started to look for work again although I know this just leads back to burn out feeling and feeling of failure, which I realize I was struggling with before I resigned.
I haven't been able to complete projects - personal, work, home, coding , non-coding - for a long time now and am struggling to figure out why and how to overcome (at this moment I am procrastinating putting up baseboards in our ALMOST finished basement with reading and replying to HN).
In the end, although it was in essence a selfish move that spans many of the options in the poll, I think I quit my job because mentally I needed a break from what I was doing and really don't want to do it for anyone else ever again. The biggest problem with this is that i waited too long to do this and now i can't find the motivation/drive/will/self-dicsipline to even do it for myself now due to extreme burn out.
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I think the old generation really bought into this, but the new generation knows it's a load of bull. The poll makes it pretty obvious that compensation is the biggest reason folks leave, and it's the thinking of the old generation who doesn't know how to retain talent (they do, but they keep throwing pizza parties / sending out merch instead). It's a real "it can't be helped" mentality around retention.
Why is compensation #1 though? There is a threshold where you have enough money and it's easier to work with people you know and like. So, what do they need that extra money for? As I mentioned elsewhere housing is currently the #1 issues I see here in Canada that people are focused on. If you are a front line person, making $15 at a restaurant, plus renting where housing costs $1m+, you are probably looking for opti…
Money will always be a concern for the majority.
That said, I agree that once you've bought a house, you can cover your expenses and holidays, who cares about making more money. It's just not a very common position.
For more than a year I've been trying to get it clear to my boss that I'm too stressed and need a less chaotic workplace. The last months I've had constant headache and fuzzy vision. I checked my blood pressure and it was 180/95. Ten months earlier when I last checked it it was 130/83. On medication now, but my heart beats so hard sometimes I think I need more medication. When I told my boss about this, he said the u…
I don't think that's going to be less stressful... Good luck though!
Earlier quoted context omitted.
I think the old generation really bought into this, but the new generation knows it's a load of bull. The poll makes it pretty obvious that compensation is the biggest reason folks leave, and it's the thinking of the old generation who doesn't know how to retain talent (they do, but they keep throwing pizza parties / sending out merch instead). It's a real "it can't be helped" mentality around retention.
Why is compensation #1 though? There is a threshold where you have enough money and it's easier to work with people you know and like. So, what do they need that extra money for? As I mentioned elsewhere housing is currently the #1 issues I see here in Canada that people are focused on. If you are a front line person, making $15 at a restaurant, plus renting where housing costs $1m+, you are probably looking for opti…
A publicly traded company I left some years ago had dozens of different little "things" they offered instead of better salary and/or better hours for the salary paid. They're now worth a tenth of what they were when I departed.
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Why would you pay off your house when you can keep the cash in an investment account making > 5% APR vs. the house loan which presumably is in the low 3s.
>> Why would you pay off your house when you can keep the cash in an investment... I asked someone that in my mid 20's. He said "It's nice knowing I can support my family working at McDonalds if I have to." That stuck with me. Something fundamental changes in your life when you become debt-free.
This to me is the only legitimate criticism, and it really boils down to risk-reward.
If you're holding cash for say a backup fund, great! That's good security and everyone should aspire to that. But also acknowledge that with 6% inflation, you're actually losing 6% on that backup fund.
Inflation is insipid. You _must_ take risk with your funds just to not lose the value of it.