I made an upward lateral move at the same company because it gave me a 25% pay bump, plus the ability to work remotely. I was hoping that would allow me to finally be able to afford a house, but it still doesn’t seem like enough.
Poll: Why are people leaving their jobs?
661–670 of 773 posts
Re: Poll: Why are people leaving their jobs?
#662Earlier 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.
Inflation, cost of housing skyrocketing, etc. I’m looking for a new job because my current one does not pay enough to own a house any more. You basically have to make FAANG bux to own a house here so that is why I started looking.
Otherwise I have quite high job satisfaction.
Re: Poll: Why are people leaving their jobs?
#663Earlier quoted context omitted.
You answer your question in your post: > $150/hour as a dev That's about $25k/mo gross. Minus ~50% for taxes and vacation (hourly pay means you buy your vacation). So call it $13k net. > housing costs $1m+ If you live in a top 10 major metro in the US, this is your city. So call housing ~$4k if you have a family. Now you're at $9k. Buy health insurance for $1500, tally at $7500. Did you mean to save 15% of your gross…
Where I live a single family home starts at 1.3 million and townhouses are 1.2 CAD, in a town of 20,000 45 minutes from a major city. $150 an hour is a charge out rate for a professional engineer not in programming or IT, and trades are closer to $100. $150/hr on salary you probably are in business consulting with a phd and charge out at $400/hr. $9k usd/mo after paying taxes and for housing is not something that’s r…
Do you like rock climbing too? Heh
Re: Poll: Why are people leaving their jobs?
#664I quit my job in November because ... I was burned out, and life is short, and the last two years were incredibly stressful, and my partner and I had an opportunity to do something else: we bought a sailboat, and we're going to go explore the world for a while.
Re: Poll: Why are people leaving their jobs?
#665Earlier quoted context omitted.
> I hinted about what my decision would have to be if these accomodations couldn't be made I don't hint because it's too confusing. I try to very politely offer options, where one option is me looking for another opportunity. It's not as though it's a secret to either party that's always an option.
I wouldn't hint either, but because at best it puts you in an incredibly vulnerable position. First, it indicates that you're willing to look for a new job, which decreases opportunities at your job. Maybe that means being passed over for larger projects, since they're less certain if you'll be there through the entire project. Maybe that means not receiving ongoing training, because they're uncertain that they'd ben…
>I wouldn't hint either, but because at best it puts you in an incredibly vulnerable position.
First, it indicates that you're willing to look for a new job, which decreases opportunities at your job. Maybe that means being passed over for larger projects, since they're less certain if you'll be there through the entire project. Maybe that means not receiving ongoing training, because they're uncertain that they'd benefit from it.
I probably used to think this way too but I think it's somewhat foolish now. Unless you have a highly unusual contract or employment situation (usually involving family), there is always an implicit threat that you can leave. These "maybe" hypothetical opportunity carrots being dangled in front of you (and by you) just aren't relevant. You can literally say: "give me the training for this position and then put me on that project, or I'm taking an offer from your competitor and in two weeks I'm out."
edit: "and give it to me in writing with a guaranteed 6 months of pay subject to me meeting expectations" (if this is somehow illegal I'd be surprised).
Re: Poll: Why are people leaving their jobs?
#666Someone should make a thread asking the opposite question: Why are people staying at their jobs?
Miserable, but pulling in $800k/year for the last several years at a FAANG. I have a net worth of $8M and in my 40s. Everyone around me leaving.
Tempted to take a massive paycut to join a startup. But why not milk FAANG a bit more while the gravy train lasts?
Re: Poll: Why are people leaving their jobs?
#667Earlier quoted context omitted.
Or maybe companies negotiate this way because it's an effective strategy. If, say, 90% of employees never call their bluff, they come out ahead, even if they occasionally lose someone. And backtracking later will convince some percentage of people to stay, while having zero cost if unsuccessful. The optimal strategy for you and the company may differ because you can only work one place at a time, but the company empl…
Usually the 90% of the employees that don't call their bluff are the bottom 90%. If a company affords to lose the top 10% on a regular basis, it's a bad business model.
Meh ... It's the top 10% at interviewing and moving, not necessarily the most productive 10%, right? Although they may be over-represented.
Re: Poll: Why are people leaving their jobs?
#668Wish I had seen this thread earlier, as this will get burried now. Oh well, here it goes: I am seriously considering leaving my current position as a lead developer because I am basically taking on the role and tasking of SCRUM master, architect, build engineer, DB admin, UI/UX consultant, technical writer, and not to mention - developer! I often find myself writing unit tests until 11 or 12 because I am stuck in mee…
I experienced something similar in terms of having to juggle numerous responsibilities spanning multiple roles. It is unfortunate and not only is your company taking advantage of you, your coworkers are too. This is at least what I experienced where I'd go out of my way to help others yet those I helped rarely paid it back.
I'm in between jobs now and am down leveling in my new role to a senior developer from an architect/manager/lead dev with just as much pay and comparable benefits and plenty of other appealing aspects. It took me 4 months to find the right position, but I was patient. The excitement and relief are palpable.
FAANG companies have never interested me much so I'm willing to take a lower comp, but I still do really well for my area.
My point is that it just isn't worth the headache. A retention bonus probably isn't life changing money so ask if it is worth it at all. Maybe you'll get it before you find that new job, maybe you won't. But focus on what will make your life better, not just compensation and titles.
You're being taken advantage of and not compensated for what you bring to the table.
Good luck!
Re: Poll: Why are people leaving their jobs?
#669Earlier quoted context omitted.
I wouldn't hint either, but because at best it puts you in an incredibly vulnerable position. First, it indicates that you're willing to look for a new job, which decreases opportunities at your job. Maybe that means being passed over for larger projects, since they're less certain if you'll be there through the entire project. Maybe that means not receiving ongoing training, because they're uncertain that they'd ben…
I mostly agree with the above rationale, though I am skeptical about your first point. Having other options, in my view, is a strength. If a company can't put together something comparable to your alternative, it probably is time for a change.
I agree with your point. Marketability is the best job security. You should always be testing your worth to your firm and others. Maybe your company undervalues you -- be prepared to move on. Or, your market value might be lower than you think -- time to push yourself to enhance your value proposition.
Re: Poll: Why are people leaving their jobs?
#670Earlier quoted context omitted.
When the worker has another offer in hand, you've already lost as a hiring manager/org.
Not necessarily. You're at a disadvantage because you've suddenly lost the total leverage you once (thought you) had. It's still possible for the org to redeem itself. The issue is, no org takes the opportunity. Part of the issue is that businesses have become so greedy people no longer even want to waste their time negotiating with them. Once I have an offer in hand, I can ask you for some things like a raise, reduc…
>You just earned loyalty points which are hard to come by.
Employers probably love when you give them "loyalty points" because they can be substituted for their more tangible "dollar points".