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Poll: Why are people leaving their jobs?

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421–430 of 773 posts

Re: Poll: Why are people leaving their jobs?

#421
I left my previous job of nearly eight years last month. Leadership decided to force vaccine mandates (the you-get-the-vaccine-or-we-terminate-you kind) in August with a deadline of mid-October. I was sort of on the fence about getting the jab but ultimately decided to leave because mandates cross a line. I ultimately got vaccinated, just long enough to keep that role until I found something new. My current employer has no plans to force people to engage in behaviors that should be a personal/medical decision.

Re: Poll: Why are people leaving their jobs?

#422

Earlier 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…

Most people are not making 400k as a dev. People are leaving due to compensation because it is a strong market for seekers right now, and all things equal it is not rational to leave 20k+ a year on the table if you have even partially complete information(which a lot of people do nowadays).

Might be worth saying "it is not rational to leave a 15% pay increase on the table" than 20k. At 200k / year, I would absolutely ignore a 20k pay increase if company culture sucked.

Re: Poll: Why are people leaving their jobs?

#423
post #199

Earlier quoted context omitted.

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 this is something that varies with age. At 30, I was very aggressive in seeking better pay and more interesting opportunities. 20+ years later, I'm pretty much near the peak of my salary band in my region, and the work and environment is good enough to stay. I also have the typical roots put down; home, friends familiarity with my community. Disrupting that would be very stressful and the rewards would have t…

> I'm pretty much near the peak of my salary band in my region

I assume you're not interested in working remotely?

Re: Poll: Why are people leaving their jobs?

#424

Earlier quoted context omitted.

> 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.

Couldn't agree more! Then add to that the fact that you're taxed on `gains` for investment. So buy an ounce of gold. 1 year later sell it for 6% more than you paid. Cool, beat inflation right? Well, no because now you pay capital gains on something that isn't really worth more than when you bought it. Inflation _is_ a tax... > govt policies backfiring Yeah sure, they're `backfiring`...

There's nothing nefarious about it. The government doesn't want people hoarding cash, because it means the money isn't supporting the economy.

Re: Poll: Why are people leaving their jobs?

#425

(Throwaway for obvious reasons) The market's been extremely hot the past 10 years. Anyone making a good tech salary and investing has done extremely well. I have enough to never work again. I didn't want to leave my team, but at some point your portfolio fluctuates every day by more than your salary and you have to ask yourself what's the point?

Assuming a salary of $100k, and 0.5% daily fluctuation, that's a portfolio of $20 million, which is a sizable amount.

I think they probably mean monthly fluctuation and salary.

Re: Poll: Why are people leaving their jobs?

#426
post #395

Earlier quoted context omitted.

TBH, reading this as a manager, I have to admit I feel like asking my engineers to take on SOME of these beyond-just-the-code duties... is a good thing? Obviously there are a bunch of caveats, and nuances to whether you want an IC engineer to be 100% coding and 0% talking to customers or doing admin (this seems bad), or is it 90% vs 10% (maybe okay), or 80/20 (sweet spot?), 50/50 (concerning), 20/80 (bad again), etc.…

> TBH, reading this as a manager, I have to admit I feel like asking my engineers to take on SOME of these beyond-just-the-code duties... is a good thing? Obviously there are a bunch of caveats, and nuances to whether you want an IC engineer to be 100% coding and 0% talking to customers or doing admin (this seems bad), or is it 90% vs 10% (maybe okay), or 80/20 (sweet spot?), 50/50 (concerning), 20/80 (bad again), et…

... and 5., try to avoid duties which involve a huge amount of smaller interruptions over the day.

Re: Poll: Why are people leaving their jobs?

#427

There was a huge disconnect between management at the top and those on the ground. I think some managers never learnt to correctly judge workload and responsibilities. They we're rewarding those with minor responsibilities for achieving goals and harshly punishing those with huge responsibilities for minor misses. This inability to judge workload and responsibilities was previously hidden by people's presence in the…

I saw a great quote on HN a few weeks ago that went along these lines: "Managers don't know if you coded it right, but they sure know if you missed a deadline."

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Re: Poll: Why are people leaving their jobs?

#428

Earlier quoted context omitted.

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.

What investment can reliably get > 5% APR with low risk?

Not exactly what you're looking for, but in the US I series bonds are currently paying >7%. The biggest downside is you have to hold them for a year. The other issue is you're limited to buying $10k in a calendar year.

Re: Poll: Why are people leaving their jobs?

#429
post #361

Earlier quoted context omitted.

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.

If you were so happy why did you start looking for another job? People don't leave because someone gave them an offer out of the blue. They have to start looking in the first place and whatever triggered that search is what's important.

It can be true that the job itself is largely great and also that the person knows they could get a lot more money elsewhere, which causes them to start looking.

Re: Poll: Why are people leaving their jobs?

#430
I joined a startup a decade ago which was great and taught me a lot in the early years. I stayed all that time though because of options. Made a bit from them, took some time off for personal study/projects, and eventually moved to a bigger company to start learning something outside the small technological bubble I'd been working in until then. I don't know if I made wrong decisions but I feel a bit bad about it because I love having highly skilled colleagues, learning new technology and how things are done by teams that do them well, and I think I could have got to a significantly more technically advanced position than I am now by not staying so long at the first place.
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