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Poll: Why are people leaving their jobs?

news.ycombinator.com

291–300 of 773 posts

Re: Poll: Why are people leaving their jobs?

#291
I just want to note I've left different jobs for different combinations of these reasons! I checked 3/7 of these boxes.

Don't interpret this survey as "Most people's primary reason for leaving is compensation", because the survey does not ask this ;)

Re: Poll: Why are people leaving their jobs?

#292

Earlier quoted context omitted.

Re "trust is broken" - I used to think like this and I understand, but I would encourage you to try a more nuanced POV. There's a decent chance your manager was simply not allowed to accommodate you, and your verbal notice unlocked options from upper management.

A good human being would say, "i'm not allowed to say this but...". Which good managers will do. You're on the path to leaving anyway.

If that got out, said manager may be marked by the bosses for opening Pandora's box. When people have dependents and mortgages on the line, "good" has very little to do with it. Sad but true.

Re: Poll: Why are people leaving their jobs?

#293
post #35
post #15

Earlier quoted context omitted.

https://randsinrepose.com/archives/shields-down/ is a classic article (and an incredibly important read for anyone in engineering management) that essentially argues that these two questions are fundamentally equivalent.

Jesus, I just looked at this article's bullet points for the factors that we evaluate in an instant when considering leaving a job. And where I failed every line. :\ I knew that I was looking for something else but I hadn't consciously realized it had gotten that bad. Am I happy with my job? Do I like my manager? My team? Is this project I’m working on fulfilling? Am I learning? Am I respected? Am I growing? Do I fee…

These are great. Thank you. I'm adding them to my calendar to answer quarterly.

Re: Poll: Why are people leaving their jobs?

#294

Earlier quoted context omitted.

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 o…

Sounds like you could co-found a company, which could also be cool but in the other direction.

Re: Poll: Why are people leaving their jobs?

#296

Earlier quoted context omitted.

This. It's a different game right now. As an employer it's very hard to take everyone's salary up 20% because that's what they might get elsewhere. So you don't. So people leave. But this won't last forever.

> But this won't last forever. I feel like this quote is relevant, if slightly off topic: "The market can stay irrational longer than you can remain solvent." i.e. You may run out of good candidates long before your competitors stop offering 20% more than you.

Plenty of companies are offering 20% more for new hires but aren't willing to bump the pay of their entire workforce by 20% at once, especially since much of the workforce might not be looking. They still may lose their best workers, but they can ramp up to the new budget more gradually.

Re: Poll: Why are people leaving their jobs?

#297
post #54

I'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…

Re "trust is broken" - I used to think like this and I understand, but I would encourage you to try a more nuanced POV. There's a decent chance your manager was simply not allowed to accommodate you, and your verbal notice unlocked options from upper management.

All that means is that the problem isn't managers but upper management micromanaging IC benefits.

Re: Poll: Why are people leaving their jobs?

#299

Earlier 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…

You must take risks with everything. Owning a house, paid off or not, is risky in a multitude of ways.

At least monetary wealth can be diversely invested; so you have some control over it. Most of the risks that come from owning a house are completely out of your hands.

Re: Poll: Why are people leaving their jobs?

#300
post #220

Earlier quoted context omitted.

>keep the cash in an investment account making > 5% APR vs. the house loan which presumably is in the low 3s. One is guaranteed, one is not. Markets are volatile. I lived through 2001 and 2008 as a working stiff, that shit can drop on a dime. Right now, I have no debts. House and vehicle are paid off and I have an "oh shit" account that's pretty good. I can sit here as a hermit for at least a year or two, three if I…

This is something you can hedge against, which is known as a sequence risk [0]. There are investment vehicles with built in volatility buffers designed to avoid this https://paradigmlife.net/blog/episode/the-volatility-buffer-... . That 3 years of cash on hand would be better off in some kind of investment and if you're worried, supported by a volatility buffer. [0] https://www.investopedia.com/terms/s/sequence-risk.…

This illustrates why rich people are rich, and have an easier time getting richer. Even if they don't have time or aptitude to learn about this kind of thing, they have family or paid professionals to guide them.
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