I retired rather than go along with extremely bad scientific/technical decisions by managment. Also, continuing to work was not improving my finances very much.
Poll: Why are people leaving their jobs?
261–270 of 773 posts
Re: Poll: Why are people leaving their jobs?
#262Earlier quoted context omitted.
>> 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.
> 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 j…
> Inflation is insipid. You _must_ take risk with your funds just to not lose the value of it.
This certainly seems to be the case, but it's fustrating. I can think of no fundamental reason why it should be so. Other than speculators and govt policies backfiring to destroy the safety of alternative places to keep your money besides cash.
Re: Poll: Why are people leaving their jobs?
#263Earlier quoted context omitted.
Labor shortages are also a problem of workforce participation. While the big headline number that most news organizations cover is unemployment numbers, the one that is really important with the pandemic is Workforce Participation. AKA: "the proportion of the working-age population that is either working or actively looking for work". Check out the stats for this: [0]. We are still down 1.5% from where we were pre-pa…
I live in Iowa and we were at full employment pre-pandemic. Everybody who wanted a job had one, and businesses all over the state were short of staff just like they are today. Politicians were speculating on ways to get disabled people and stay-at-home-moms into the workforce, overlooking our chronic brain drain of people going to out-of-state universities and never coming back. Our return to normal was always going…
Thanks for the article btw, as an Iowa State grad, that was a fun article to read.
Re: Poll: Why are people leaving their jobs?
#264Re: Poll: Why are people leaving their jobs?
#265My 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.
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.
Strong disagree for me. I'm starting a new job in less than two weeks, but the current job I'm leaving has been the best so far in my career. Wasn't perfect by any means but it exceeded most of my expectations by far. My new job is paying 60% more than my current job, that's my reason for switching and not much else.
Re: Poll: Why are people leaving their jobs?
#266I'll be departing my job at the end of the month. I had too many roles, affecting too many pieces of engineering, and my title didn't reflect my work. I needed to go down to a 4 day work week and have my title reflect my roles, but my manager attempted to call my bluff and essentially said it's not going to happen. I hinted about what my decision would have to be if these accomodations couldn't be made, but he didn't…
Same thing happened to me at my last company. I was over worked, wore too many hats, and was paid significantly less than my team mates who were more junior than I was (and had less responsibility). I had a handful of conversations that never amounted to anything. As soon as I put in my notice with a new offer in hand suddenly I was able to "set my price". I left for other reasons as well, but it really shone a light…
Too many roles / too many hats is far too common and why I find it hard to stay anywhere more than 4-5 years.
As a senior IC in a super-flat & growing org.. I'm almost like a customer successs engineer, product manager, scrum master, senior developer and tech lead all rolled into one.
Management administrivia I accumulate administrative things my manager doesn't want to do & pushes down I do unofficially own a part of the team Dotted lines of devs in my "team" that can be rolled in & out sprint by sprint
Customer success / product / architecture I collect customer requirements, translate them into stories & documentation I manage customer/manager expectations with status meetings & reports I project plan out 3 months of work with JIRA hierarchies/Gantt chart I design solutions given the requirements
Scrum I run our standups, sprint plannings, backlog refinements
Corporate citizenship I am involved in recruiting 5-10% of my week I run working groups / long running cross team tech org
Development I do IC work - directly assigned sprint deliverable tickets (analysis, development, infra creation) I need to accomplish
I've been looking at moving to a more official management role elsewhere so I can focus at being good at a few things instead of decent at all the things.
Re: Poll: Why are people leaving their jobs?
#267Left about 6 months ago, and was basically shocked at the compensation bump I got. As someone full time remote since 2017, working at the latest place since 2018, it felt like a new world looking for a job in 2021. So many more options, which basically makes it a job-seekers market.
But while the compensation bump is nice, the thing that got me seeking was the company itself. After an acquisition by VMWare, I watched it deteriorate over a year or two. To make anything happen, you had to basically go into "hero mode" working tons of hours, etc. And then you'd see pretty incompetent managers, the kind that treat engineers like cogs, continue to get promoted. Oh, and add no real clear direction on the products themselves.
So I guess that's "company culture"? I think there's a lot of people in this bucket, where "too much stupid at the current place" plus "lots of opportunity" means it's time to look around.
Re: Poll: Why are people leaving their jobs?
#268Earlier quoted context omitted.
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…
Do you know anyone where that threshold has been reached? Anyone with a family? Given the way inflation is going, I know maybe one person, and they're single with their mortgage paid off.
I recently just left my job for another because of inflation, if the price of things go up so should my salary. The value of my work did not get cheaper!
Re: Poll: Why are people leaving their jobs?
#269Earlier 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.
I feel like I can always replace “BATNA” with “alternative” or “option” and the statement conveys the same information.
Re: Poll: Why are people leaving their jobs?
#270My 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.
A former boss of mine said something similar: "People don't quit a company, they quit their manager."
> Former boss
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